NPT.L Regulatory News (NPT)

22 Dec 2005 07:00

Stream Group PLC22 December 2005 Stream Group plcEmbargoed until 7:00 am 22 December 2005 STREAM GROUP PLC ("Steam" or the "Company") Extraordinary General Meeting Stream Group plc, the mobile applications and content provider, is holding anextraordinary general meeting at 11am this morning. At this meeting, GordonRobson, Executive Chairman, will make the following statement: "The Board is confident that the full year results will be in line withexpectations and it is intended that a detailed trading statement will be madeby mid-January 2006." The purpose of the extraordinary general meeting is to propose resolutionsrenewing the authority of the Board to issue shares. The authority granted inAugust 2001 has recently expired and it is considered appropriate to request therenewal of the authority but to limit the power in line with current bestpractice. The authority is required to be in place to afford the Company greaterflexibility in financing its future, including acquisitions. Although the Groupis constantly exploring opportunities, there is no specific requirement for theutilisation of the proposed authority at this time. Contacts: Stream Group plcGordon Robson, Executive ChairmanTel: 020 7299 2880 This information is provided by RNS The company news service from the London Stock Exchange