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Pin to quick picksCWC.L Regulatory News (CWC)

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Cable & Wireless completes Energis acquisition

11 Nov 2005 13:37

Announcement 11 November 2005 Cable & Wireless completes Energis acquisition Cable and Wireless plc ("Cable & Wireless")announces today, 11 November 2005, the completion of the acquisition of Energis and the appointment of John Pluthero to its board of directors as Executive Director of the Cable & Wireless UK business with effect from 14 November 2005.Commenting, Cable & Wireless Group CEO, Francesco Caio said: "I am delightedthat the transaction has completed and that we can now focus on integrating ourtwo businesses."ENDSAbout Cable & Wireless:Cable & Wireless is one of the world's leading international communicationscompanies. It provides fixed and mobile voice, data, IP ("Internet Protocol")and broadband services to business and residential customers, as well asservices to other telecom carriers, mobile operators and providers of content,applications and internet services. Its principal operations are in the UnitedKingdom, the Caribbean, Panama, Macau and Monaco. For more information aboutCable & Wireless go to http://www.cw.com.About Energis:Energis is the number three fixed line telecoms operator in the UK.Specialising in building individual solutions for customers, its productportfolio spans voice, data, internet, contact centre services and security andis underpinned by a commitment to superior levels of service. Major customersinclude the BBC, Caudwell Communications, RAC, Royal and SunAlliance, the UKGovernment, Virgin and Wanadoo.About John PlutheroDetails of John Pluthero's terms of appointment can be found in theannouncement by Cable & Wireless of 16 August 2005. John Pluthero was the CEOof Energis from September 2002 until the completion of its acquisition by Cable& Wireless. Prior to this, he was the founder, CEO and director of Freeserveplc (now Wanadoo), the UK's largest internet service provider. Prior to this,he held various strategy and operations positions within the Dixons Group. Inconjunction with the acquisition of Energis, creditor schemes of arrangement ofthree Energis companies of which John Pluthero is a director were implemented.There are no further details required to be disclosed pursuant to paragraph9.6.13 of Listing Rules in relation to the appointment of John Pluthero to theBoard of Cable & Wireless.For more information:Investor Relations: Louise Breen Director, Investor Relations +44 (0)20 7315 4460 Craig Thornton Manager, Investor Relations +44 (0)20 7315 6225 Ashley Rayfield Acting Director, Investor Relations +44 (0)20 7315 4028 Media: Lesley Smith Group Director of Corporate & Public +44 (0)20 7315 4064 Affairs Steve Double Group Head of Media Communications +44 (0)1344 726 946 Press Office Cable & Wireless +44 (0)1344 818 888 Finsbury: Alice Macandrew Finsbury +44 (0)20 7251 3801 ENDCable & Wireless PLC
Date   Source Headline
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