Last checked at 13 Apr 2011 13:42
Vislink plc (the "Company")
Completion of Tender Offer
Further to the announcement dated 11 April 2011 which set out the results of the Tender Offer, the Company is pleased to announce that the Tender Offer and Repurchase has now been completed and the Shares purchased under the Tender Offer have been cancelled. Consequently, the issued share capital of the Company is now 113,902,230 Shares all with voting rights. The total number of current voting rights in the Company is therefore 113,902,230. This figure may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or change in their interest in, the Company.
Terms used in this announcement shall have the meaning ascribed to them in the circular sent to Shareholders on 23 March 2011 unless otherwise stated.
For further information, please contact:
James Trumper, Group Finance Director +44 (0) 14 88 68 55 00
Charlie Jack, Hudson Sandler +44 (0) 20 77 96 41 33
About Vislink plc
Vislink plc is a global technology business specialising in secure communications and services for the news & entertainment and law enforcement & public safety markets. The Company has two international business units serving these markets with manufacturing operations in the UK and the USA.
The Company's strategic focus is the design, manufacture, sale, installation and maintenance of wireless, video and IP technologies together with the supporting management systems. Vislink products include microwave radio, satellite transmission and wireless camera systems.
Headquartered in the UK with operations in the USA, Dubai, and Singapore the Company employs over 200 people worldwide. The Company is fully listed on the London Stock Exchange (LSE:VLK).
For further information, please visit www.vislink.com.
Forward looking statements
Certain statements in this report are forward-looking. Although the Group believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Because these statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. The Group undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise.