Filtronic PLC
24 April 2007
24 April 2007
Sale of Powerwave Technologies Inc. shares
Since the results statement on 29th January 2007, Filtronic plc has sold a
further 6.9m shares of Powerwave Technologies Inc. ('Powerwave') common stock,
realising net proceeds of £19.0m. Total net proceeds from the sale of Powerwave
shares is now £43.2m. As a result Filtronic yesterday evening filed an amendment
to its Schedule 13G on file with the SEC as required under the Securities
Exchange Act of 1934, reporting that it holds 3,409,000 of common stock in
Powerwave, representing 2.6 percent of this class of security.
Contact details:
Filtronic plc:
Charles Hindson, CEO 07800 706 319 (mobile)
Parkgreen Communications: 020 7493 37166
Paul McManus 07980 541 893 (mobile)
This information is provided by RNS
The company news service from the London Stock Exchange