Business
Result of EGM
Result of EGM.
About this update from Netcall Plc
[{"type":"text","content":"\n Netcall PLC\n11 September 2007\n\n\n Netcall plc\n ('Netcall' or 'the Company')\n\n Result of EGM\n\n11 September 2007 - Netcall plc, a leading provider of call-back, auto messaging\nand contact solutions is pleased to announce that at its Extraordinary General\nMeeting held earlier today, the special resolution put to shareholders to give\nthe Company authority to undertake market purchases of its own shares was duly\npassed.\n\nUnder its articles of association and Section 163 of the Companies Act 1985, the\nCompany has the power to purchase its own shares. The passing of the resolutions\nmeans the Company is now able, subject to certain limitations, to purchase\nshares in the market for cancellation. This authority lasts for the period until\nconclusion of the Company's Annual General Meeting in 2008. Such authority\nallows for purchases to be made on the terms set out in the Resolution of up to\na maximum number of 6,605,000 ordinary shares (representing approximately 10% of\nthe present issued ordinary share capital).\n\nA purchase of the proposed maximum of 6,605,000 ordinary shares at the share\nprice of 29.5p (the closing market price on 10 September 2007) would involve the\nCompany in the expenditure of approximately £1.95 million before stamp duty and\ncommissions, and at the proposed minimum permitted price of 5.0p would involve\nthe expenditure, on the same basis, of £0.33 million.\n\nEnds\n\nFor further enquiries, please contact:\n\nNetcall plc Tel. +44 (0)1480 495300\nRon Elder, Chairman\nHenrik Bang, CEO\n\nEvolution Securities Tel. +44 (0)20 7071 4300\nSimon Leathers\nTim Redfern\n\nICIS Limited Tel. +44 (0)20 7651 8688\nTom Moriarty\nCaroline Evans-Jones\n\nAbout Netcall\n\nNetcall is a U.K. company listed on the Alternative Investment Market (AIM) of\nthe London Stock Exchange. Based near Cambridge, Netcall develops and supplies\ninnovative communication solutions to organisations of all sizes, including many\nblue-chip companies with global contact centre operations. As the leading\nspecialist in callback, auto-messaging and contact solutions, Netcall helps\norganisations globally to increase profits and productivity while improving\ncustomer satisfaction and employee morale.\n\nSolutions are deployed either onsite or as hosted managed services using\nNetcall's Intelligent Communications Platform (ICP). T...