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ETM Elitel Telecom

22.00
0.00 (0.00%)
15 May 2024 - Closed
Delayed by 15 minutes
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

Re Share Price Movement

19/07/2006 10:20am

UK Regulatory


RNS Number:4143G
Elitel Telecom S.p.A.
19 July 2006


For Immediate Release                                              19 July 2006


                             Elitel Telecom S.p.A.

                        Statement re share price movement

Elitel Telecom S.p.A. ("Elitel" or the "Company") (AIM: ETM), announces that it
has noted the recent fall in its share price.


The Company has not reported any fundamental changes to its business model or
financial condition and that it continues to trade in line with market
expectations. Since reporting results for the year to 31 December 2005 on 2 June
2006, Elitel has announced the acquisition of Telecontatto S.r.l. and the option
to acquire Blixer Net Services S.r.l. Both acqusitions are expected to make a
positive contribution to the Company in the current year. Elitel anticipates
that the results for the six months to 30 June 2006 will be announced during the
week commencing 25 September 2006.


Enquiries

Elitel Telecom S.p.A                                       +39 02 441 0410
Federico d'Este (Chief Executive)
Nicolo Zanchi (Group Corporate Development Officer)

Buchanan Communications                                    +44 (0)20 7466 5000
Jeremy Garcia

Charles Stanley Securities                                 +44 (0)20 7149 6000
Russell Cook/Freddy Crossley




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

END
SPMSFUSUUSMSEFW

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