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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Elitel Telecom | LSE:ETM | London | Ordinary Share | IT0003021802 | ORD EUR0.05 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 22.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6329S Elitel Telecom S.p.A. 08 March 2007 8 March 2007 Elitel Telecom SpA ("Elitel Telecom" or the "Group"), Directorate Change The Board of Elitel Telecom (AIM: ETM), the independent Italian telecommunications group, announced on 2 March 2007 that Vive La Vie SpA and Telvia SpA had acquired a 58.01% interest in the Group and that Mr Giorgio Fatarella, Chairman and Chief Executive of Vive La Vie SpA, had been appointed Chief Executive of Elitel Telecom. The Board of Elitel Telecom has today announced that Luigi Bocchino, the Group's executive Vice President, has resigned from the Board with immediate effect. Federico D'Este Chairman of Elitel Telecom commented: "The Board would like to take this opportunity to thank Luigi for his valuable contribution to the Company over the years and we wish him all the best for the future". The Board also announces that it has called the Company Shareholders Meeting for the 27th March 2007 at 11.30. The Shareholders meeting will be held at the Company's offices in Milan, Via Mecenate 90. The agenda for the Shareholder meeting concerns resolutions pursuant to art. 2364, comma 1, section 2 and 3 of the Italian civil code (related to the appointment of the Board of Directors, appointment of the Board of Statutory Auditors and remuneration for the Board of Directors). Enquiries Elitel Telecom S.p.A +39 02 441 0410 Federico d'Este (Chairman) Nicolo Zanchi (Investor Relator) Charles Stanley Securities +44 (0)20 7149 6000 Russell Cook/Freddy Crossley Notes to Editor About Elitel Elitel is an independent Italian fixed line telecommunications group. It provides a broad range of voice, data and broadband services, including voice-over IP ('VoIP'), to both businesses and residential customers. The Group also provides wholesale telecommunications services to other carriers, international call services specifically for the Italian ethnic market and telecommunications services to premium content providers. Elitel's network, which covers the whole of Italy is based on interconnection agreements and access through the leasing of lines from carriers including Telecom Italia and other international carriers. In February 2006, Elitel (www.eliteltelecom.com) successfully floated on AIM, part of the London Stock Exchange (AIM : .ETM), raising #8.0 million to fund the expansion of the Group. This information is provided by RNS The company news service from the London Stock Exchange END BOAUUUCGWUPMGMR
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