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ACV Advance Visual

0.16
0.00 (0.00%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Advance Visual LSE:ACV London Ordinary Share GB0002565355 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.16 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Result of AGM

16/01/2004 3:41pm

UK Regulatory


RNS Number:3419U
Advance Visual Communications PLC
16 January 2004


                         Advance Visual Communications plc
                              ('AVC' or the 'Company')

                               Results of the AGM

At the Annual General Meeting of the Company held earlier today, all resolutions
were duly passed.  In addition, the Directors considered the matter of the
Company's net assets being less than one half of the called-up share capital.
They decided to take no action at this stage as the costs associated with any
capital reorganisation were, in their view, not justified at the present time.

The Chairman informed the meeting that, as a result of the closure of the two
operating subsidiary companies on 4 July 2002, the Inland Revenue had withdrawn
the Company's status as a qualifying company for EIS relief.

The Chairman also noted that the Directors were continuing to review potential
acquisition opportunities for AVC.

                                                                 16 January 2004

Press enquiries:

Advance Visual Communications plc
Barclay Douglas, Chairman                              0777 182 4440

Shore Capital
Alex Borrelli                                          020 7408 4090


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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