Starcom PLC Notice of GM (1304T)
10 October 2017 - 5:00PM
UK Regulatory
TIDMSTAR
RNS Number : 1304T
Starcom PLC
10 October 2017
10 October 2017
Starcom Plc
("Starcom" or the "Company")
Notice of General Meeting
The Directors of Starcom (AIM: STAR) announce that the Company
is today posting a circular to shareholders containing a notice
convening a general meeting of the Company (the "General Meeting")
to be held at the offices of Peterhouse Corporate Finance Limited,
New Liverpool House, 15 Eldon Street, London EC2M 7LD at 11.00 a.m.
on 26 October 2017.
The General Meeting will consider resolutions to seek new
authorities from shareholders to allot shares for general purposes
and on a non-pre-emptive basis. The notice of General Meeting will
be available on the Company's website at www.starcomsystems.com
In his Chairman's letter, set out in the notice of General
Meeting, Michael Rosenberg commented:
"The new agreements which have been secured by the Company (as
summarised in the recent interim results report) and the
possibility of further new agreements now under negotiation have
increased the Company's working capital requirements. The Directors
consider it important, and in the best interests of the Company,
that they have the ability to move quickly to secure new funds if
the opportunity to do so should arise. As reported in the interim
results report, activity is at a high level and the Directors are
confident that revenues for 2017 will exceed last year's. It is
encouraging that current agreements already anticipate a good start
to 2018."
-ends-
This announcement contains inside information.
For further information, please contact:
Starcom Plc
Michael Rosenberg, Chairman 07785 727 595
Avi Hartmann, CEO +972 5430 70103
+972 3619 9901
Northland Capital Partners Limited (Nominated Adviser and Broker) 020 3861 6625
Edward Hutton / David Hignell (Corporate Finance)
John Howes (Sales and Broking)
Peterhouse Corporate Finance (Joint Broker) 020 7469 0930
Lucy Williams / Charles Goodfellow / Eran Zucker
Leander PR (Financial PR) 020 7520 9267
Christian Taylor-Wilkinson 07795 168 15
This information is provided by RNS
The company news service from the London Stock Exchange
END
NOGFSWEEUFWSEFS
(END) Dow Jones Newswires
October 10, 2017 02:00 ET (06:00 GMT)
T42 Iot Tracking Solutions (LSE:TRAC)
Historical Stock Chart
From Apr 2024 to May 2024
T42 Iot Tracking Solutions (LSE:TRAC)
Historical Stock Chart
From May 2023 to May 2024