Notice of EGM
September 18 2009 - 2:00AM
UK Regulatory
TIDMNTY
RNS Number : 2829Z
Network Technology PLC
18 September 2009
17 September 2009
Extraordinary General Meeting
The Chairman of Network Technology Plc, Klaus Bollmann, informs the Company's
shareholders that the Company intends to consolidate its shares by issuing one
(1) share for every 100 shares currently held.
The Proxy Voting Cards for the EGM, which will deal exclusively with the
consolidation of shares, have been sent out to shareholders.
The date for the EGM will be 2nd October 2009 at 12:00 Noon at 26 Victoria Way,
Burgess Hill, Sussex RH15 9NF.
Rationale
The current share price and number of shares are not appropriate for the
business. As the Company intends to grow and potentially raise money in the
future (although no concrete projects are currently worked on) it is appropriate
to lower costs associated with share transactions and registration with the
effect of a more prominent price per share.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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