Elecosoft Regulatory News (ELCO)

20 Feb 2006 10:06

Eleco PLC20 February 2006 20 February 2006 Eleco plc Result of Extraordinary General Meeting and Update on Trading The Board of Eleco plc, the building systems and construction software group, ispleased to announce that at the Extraordinary General Meeting held today, theresolution to approve the Company's proposed de-listing from the Official Listand from trading on the London Stock Exchange and that application be made forthe admission to trading on AIM was duly passed by Shareholders. Accordingly, notice is hereby given that the final day of dealing on theOfficial List will be 21 March 2006 and the first day of trading on AIM will be22 March 2006. At the meeting, John Kettley, Executive Chairman, made the following statement: "In my statement at the Annual General Meeting I referred to the fact thatalthough the outlook in our UK markets was more uncertain than it had been forsome time and there were signs that demand may be weakening in some sectors, theGroup had made a good start to the year". "I reported then that profits before tax for the first four months of thecurrent financial year were significantly higher than the corresponding periodlast year, which had been somewhat affected by disruption to Bell & Webster'sprecast concrete operations. I am pleased to say that we continued to trade wellfor the remaining two months of the half year. Beyond this I cannot comment inmore detail ahead of the announcement of our interim results for the six monthsended 31 December 2005, which we expect to release towards the end of March2006." Enquiries: Eleco plcJohn Ketteley Executive ChairmanDavid Dannhauser Finance Director+44 (0)1920 443830 Charles Stanley SecuritiesRichard Thompson / Philip Davies+44 (0)20 7953 2457 Binns & Co Tarquin Edwards+44 (0)20 7786 9600 This information is provided by RNS The company news service from the London Stock Exchange