FNET Future

RNS Number:5921L
Future Network PLC
15 October 2001



15 October 2001



                      The Future Network plc ("Future")

                   Result of Extraordinary General Meeting

The Board of Future announces that, at the Extraordinary General Meeting held
earlier today, the resolution in relation to the 6 for 5 Rights Issue set out
in the prospectus sent to shareholders on 28 September 2001 was duly passed.


The Provisional Allotment Letters are expected to be posted today, 15 October.
The number of New Ordinary Shares to be issued pursuant to the Rights Issue
announced by the Company on 28 September 2001 will be up to 173,418,544 New
Ordinary Shares.  The increase in the number of New Ordinary Shares being
issued under the Rights Issue arises as a result of employee share option
exercises prior to the Record Date, and the issue of shares to Mr John Bowman
as announced by the Company on 10 October 2001.



Admission to the Official List and to trading on the London Stock Exchange of
the New Ordinary Shares being issued pursuant to the Rights Issue is expected
to commence, nil paid, at 8.00 a.m. tomorrow morning, 16 October.



Enquiries:


Hogarth Partnership


James Longfield / Georgina Briscoe                  020 7357 9477

Future (LSE:FNET)
Historical Stock Chart
From Jun 2024 to Jul 2024

Future (LSE:FNET)
Historical Stock Chart
From Jul 2023 to Jul 2024