Result of General Meeting & Share Dealing
May 26 2009 - 6:56AM
UK Regulatory
TIDMBTP
RNS Number : 8132S
BNS Telecom Group plc
26 May 2009
BNS Telecom Group PLC
(the "Company")
Result of General Meeting and Share Dealing
The board of directors of the Company announces that all resolutions proposed at
a general meeting of the Company held earlier today, including a resolution to
cancel admission of the Company's ordinary share capital from trading on AIM,
were duly passed. Of the total number of votes cast by Shareholders at the
meeting, 97.63% were in favour of the resolutions.
Cancellation of admission of the Company's ordinary share capital from trading
on AIM is expected to occur at 07.00 a.m. on 3 June 2009.
As set out in the Circular to shareholders dated 1st May 2009, the Company has
been in the process of establishing a matched bargain facility to enable
shareholders to deal in its shares once the Company's Admission to AIM is
cancelled.
JP Jenkins Limited has been appointed by the Company to operate this matched
bargain facility.JP Jenkins is a trading division of Rivington Street Corporate
Finance. Rivington Street Corporate Finance is a subsidiary of Plus Quoted
Rivington Street Holdings Plc and is Authorised and Regulated by the Financial
Services Authority and is a member of the London Stock Exchange and Plus
Markets.
Under this facility, Shareholders or persons acquiring shares will, via their
existing stockbroker, be able to leave an indication with the matched bargain
settlement facility provider that they are prepared to buy or sell at an agreed
price. In the event that the matched bargain settlement facility provider is
able to match that order with an opposite sell or buy instruction, the matched
bargain settlement facility provider will contact both parties and then effect
the order. If you do not have an existing stockbroker, JP Jenkins can offer an
execution only stockbroking service.
The indicated price along with a history of transactions will be available from
the JP Jenkins website which is located at www.jpjenkins.co.uk. To access this
information you will first need to register as a user on the site. Registration
is free of charge.
JP Jenkins' contact details are:
2nd Floor, 5 -11 Worship Street, London, EC2A 2BH
Tel: 020 7562 3388
E
mail: barry.jenkins@jpjenkins.co.uk
Enquiries:
+-------------------------------------------------+----------------------+
| BNS Telecom Group plc | Tel: 01661 839 554 |
| Garry Moat, Chief Executive | |
| Andrew Goldwater, Finance Director | |
| | |
+-------------------------------------------------+----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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