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EIC Eicom

0.35
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eicom LSE:EIC London Ordinary Share GB00B139BP28 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.35 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Share Cap. Reorganisation

12/12/2006 2:52pm

UK Regulatory


RNS Number:7399N
Eicom PLC
12 December 2006

                                                                12 December 2006

                                    EICOM plc
                  ("Eicom" or "the Company"; stock code: EIC)

                                        
At an EGM held on 8 May 2006, as previously announced, the shareholders approved
the reorganisation of Eicom's share capital as set out in the EGM Notice dated
12 April 2006.

Eicom plc, the digital TV channel management company, today announces the
completion of its share capital reorganisation as confirmed by an order of the
High Court. This will allow for a reduction of the Share Premium Account and
reduction of Share Capital.

These actions will be reflected in the balance sheet drawn up to 31 December
2006. Further details are available in the original Notice of the EGM which may
be obtained from the Company's website at www.eicom.co.uk or from its Registered
Office at 4 Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1UR.

                                      ENDS

For further information, please contact:

Steve Timmins of Eicom plc                                         0870 850 8102
Fiona Owen - Grant Thornton Corporate Finance                      020 7383 5100
David Morgan or Glynn Reece of Pacific Continental Securities      020 7769 7769
Susan Scott / Michael Padley of Bankside Consultants               020 7444 4140


About EICOM

Eicom plc is building a portfolio of digital channels, which already includes
the music and arts service, Performance Channel, and the Science Channel,
SciTech TV, with a mission to exploit these channels through their distribution
in the UK and overseas and on a wide variety of platforms including satellite,
cable and broadband.




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

END
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