Ingenta Regulatory News (ING)

25 Apr 2008 11:45

Publishing Technology PLC25 April 2008 25 April 2008 Publishing Technology PLC Result of Extraordinary General Meeting ("EGM") The Board of Publishing Technology PLC ("Publishing Technology" or the"Company") which designs, installs and hosts software systems for publishers andinformation providers, is pleased to announce that all resolutions proposed attoday's EGM, as set out in the circular to shareholders dated 1 April 2008 (the"Circular"), were duly passed. Following the passing of resolution 1, the reorganisation of the Company'sissued share capital, as set out in the Circular, has taken place so that theordinary shares of 1p have been re-designated as new ordinary shares of 0.1p("New Ordinary Shares"). Application has been made for these New OrdinaryShares to be admitted to trading on AIM, together with the additional NewOrdinary Shares being issued pursuant to the loan note conversion and thePlacing, as set out in the Circular. It is expected that Admission to AIM of the issued and to be issued New OrdinaryShares will become effective at 8am on Monday 28 April 2008 whereupon there willbe 841,361,040 ordinary shares of 0.1p each in issue. The ISIN of the NewOrdinary Shares remains unchanged: ISIN - GB0002619715. George Lossius, chief executive of Publishing Technology, said: "I am pleasedthat shareholders have approved our share capital reorganisation, which willprovide a strong foundation for the continued growth of this business. Ourtrading outlook remains positive, and I am delighted that this week saw uslaunch innovative new online publishing platforms on behalf of two significantclients, namely the International Monetary Fund and BBC Monitoring." For further information please contact: Publishing Technology PLCGeorge Lossius/Alan Moug 01865 397800 FinnCap, nominated adviser and brokerGeoff Nash/Rose Herbert 020 7600 1658 The Communication Group plcRichard Evans 020 7630 1411 / 0775 108 7291Kit Bingham 020 7630 1411 / 0788 074 8672 This information is provided by RNS The company news service from the London Stock Exchange