CTP.L Regulatory News (CTP)

21 Dec 2007 07:00

Redstone PLC21 December 2007 Redstone plc ("Redstone" or the "Company") Posting of Circular regarding EGM 21 December 2007 - The Company has today posted a circular to shareholdersconvening an Extraordinary General Meeting of the Company for 14 January 2008,at which a resolution will be proposed to increase the fixed borrowing limitcontained in the Company's Articles of Association from £25,000,000 to£100,000,000. The Board believes that this will enhance the Company's abilityto respond to consolidation opportunities as they arise in the future, and isappropriate in light of the Company's recent growth and the fast moving marketsin which it operates. The circular will be available free of charge from the Company's offices at 80Great Eastern Street, London EC2A 3RS for a period of one month from todayduring normal business hours, and will shortly be available on the Company'swebsite, www.redstone.co.uk. Ends. ENQUIRIES: Redstone plc Tel. +44 (0)845 200 2200Martin Balaam, Chief Executive OfficerTim Perks, Chief Financial Officer Investec Tel. +44 (0)20 7597 4000Patrick RobbJames SandfordBen Poynter ICIS Limited Tel. +44 (0)20 7651 8688Tom Moriarty or +44 (0)7769 937 626Caroline Evans-Jones This information is provided by RNS The company news service from the London Stock Exchange