Last checked at 24 Jul 2008 12:13
Publishing Technology PLC ("Publishing Technology" or "the Company")
Result of AGM and Trading Update
Shareholders of Publishing Technology have today granted approval for, inter alia, the 1 for 100 consolidation in the Company's ordinary shares of 0.1p each. Application has been made for 8,413,610 ordinary shares of 10p each in the Company in to be admitted to trading on AIM.
The share register for existing ordinary shares of 0.1p each will close at 5.00pm on 24 July 2008. Accordingly, following approval of the share consolidation, the new ordinary shares of 10p each will commence trading on AIM at 8.00am on 25 July 2008.
The ISIN number for Publishing Technology's ordinary shares of 10p each will be GB00B3BDTG73.
At the Annual General Meeting the Chairman stated that the current year has started well and accordingly, trading remains in line with market expectations. The interim results will be announced in late August.
Martyn Rose, Chairman commented
"I am delighted with the progress Publishing Technology has made in the last 18 months and pleased to report that progress continues. The consolidation of the share price assists us in moving the Company forward in terms of perception from customers, suppliers and indeed potential investors."
For further information please contact:
Publishing Technology PLC
George Lossius/Alan Moug 01865 397800
FinnCap, nominated adviser
Geoff Nash/Rose Herbert 020 7600 1658
The Communication Group plc
Richard Evans 020 7630 1411 / 0775 108 7291
Kit Bingham 020 7630 1411 / 0788 074 8672