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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 |
RNS Number:9943J Advance Visual Communications PLC 21 March 2005 21 March 2005 Advance Visual Communications plc ('AVC' or the 'Company') Result of EGM At the Extraordinary General Meeting of the Company held earlier this morning, the Special Resolution was passed by shareholders. Accordingly, the Directors have implemented the capital reorganisation so that each ordinary share of 1p has now been divided into one new ordinary share of 0.1p and one deferred share of 0.9p. Each shareholder's pro rata holding of ordinary shares is not affected by the capital reorganisation. In addition, the Company has allotted 68,917,361 new ordinary shares of 0.1p each to Milebeach Limited, a company controlled by Stephen Barclay and John Shaw, Directors. The loan by Milebeach Limited of #75,000 to the Company has been applied against the subscription price for the new ordinary shares. On the basis of 230,492,847 ordinary shares now in issue, Milebeach Limited's holding of 68,917,361 ordinary shares represents 29.9% of the issued share capital. Application has been made for the whole of the issued ordinary share capital comprising 230,492,847 ordinary shares of 0.1p each to be admitted to trading on AIM and dealings are expected to commence on Thursday 24 March 2005. This information is provided by RNS The company news service from the London Stock Exchange END REGSEDFSFSISEID
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