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SGH Satcom Grp

9.00
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Satcom Grp LSE:SGH London Ordinary Share GB00B0D66620 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Issue of Equity

16/05/2007 1:10pm

UK Regulatory


RNS Number:7033W
SatCom Group Holdings plc
16 May 2007



Press Release                                                        16 May 2007


                           SATCOM GROUP HOLDINGS PLC

                          ("Satcom" or "the Company")

                    Issue of Equity and Total Voting Rights


SatCom Group Holdings plc, a reseller of mobile satellite communications,
announces that it has issued 5,830 new ordinary shares of US$0.10 each ('New
Ordinary Shares). These are being issued due to an exercise under Satcom's staff
share option scheme.

The issue of the New Ordinary Shares is subject to them being admitted to
trading on AIM, application for which has been made. Trading in the New Ordinary
Shares, which will rank pari passu in all respects with the existing ordinary
shares, is expected to commence on Friday 18 May 2007.

As at the date of this announcement, the Company's issued share capital consists
of 59,628,644 ordinary shares with a nominal value of US$0.10 each ('Ordinary
Shares'), with voting rights. The Company does not hold any Ordinary Shares in
Treasury.

Therefore, the total number of Ordinary Shares with voting rights is 59,628,644.

The above figure of 59,622,814 Ordinary Shares may be used by shareholders in
the Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change in their interest
in, the share capital of the Company under the FSA's Disclosure and Transparency
Rules.

                                    - Ends -


For further information:
SatCom Group Holdings plc
Mark White, Chief Executive Officer                    Tel: +44 (0) 1722 439 206
mark.white@satcomgroup.com                                   www.SatComgroup.com

Martin Ward, Chief Financial Officer                   Tel: +44 (0) 1722 439 201
martin.ward@satcomgroup.com                                  www.SatComgroup.com



Media enquiries:
Abchurch
Chris Lane/ Georgina Bonham                            Tel: +44 (0) 20 7398 7700
georgina.bonham@abchurch-group.com                        www.abchurch-group.com







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

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