Vislink PLC Posting of Circular and Notice of General Meeting (7284S)

TIDMVLK

RNS Number : 7284S

Vislink PLC

23 December 2016

Vislink plc

("Vislink", the "Company" or the "Group")

Posting of Circular and Notice of General Meeting

Further to the Company's announcement on 16 December 2016, Vislink announces that a circular (the "Circular") containing a notice of general meeting (the "Notice") has been sent to shareholders of Vislink ("Shareholders"). The purpose of the general meeting is to seek Shareholder approval to sell the assets of Vislink Communication Systems, the hardware division of the Company's business, to xG Technology, Inc. for $16 million (the "Proposed Disposal").

The general meeting has been convened for 10.00 a.m. on 9 January 2017 as set out in the Circular. At the general meeting resolutions will be proposed to authorise completion of the Proposed Disposal and to change the Company name.

For further information please contact:

 
 John Hawkins, Executive           +44 (0) 14 88 
  Chairman                          68 55 00 
 Vislink plc 
 
 Shaun Dobson / James White        +44 (0) 20 74 
  N+1 Singer (Nomad and Broker)     96 30 00 
 
 Charlie Jack / Bertie Berger      +44 (0) 20 77 
  Hudson Sandler                    96 41 33 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 23, 2016 05:09 ET (10:09 GMT)