Business
Disposal Completion
Disposal Completion.
About this update from Filtronic Plc
[{"type":"text","content":"\n Filtronic PLC\n16 October 2006\n\n FILTRONIC PLC\n\nFiltronic plc announces the completion of the sale of the filter-based transmit\n receive module and power amplifier businesses of its Wireless Infrastructure\n division\n\nFiltronic plc ('Filtronic') today announced the completion of the sale of the\nfilter-based transmit receive module and power amplifier businesses of its\nWireless Infrastructure division ('Wireless Infrastructure business') to\nPowerwave Technologies Inc ('Powerwave').\n\nThe Powerwave stock, which Filtronic has received as part of the consideration\nfor the disposal of the Wireless Infrastructure business, will be registered and\nfreely transferable following completion of the necessary regulatory filings\nwith the SEC. It is expected that these will be completed within the next 5\ndays.\n\nContacts:\n\nFiltronic plc\nJohn Poulter, Chairman 01274 530 622\nCharles Hindson, Group Finance Director 07800 706 319 (mobile)\n\nFiltronic website: www.filtronic.com\n\nParkgreen Communications\nPaul McManus 020 7493 3713 / 07980 541 893 (mobile)\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1548,"tagName":"div"}]