7th Jun 2007 07:00
Amino Technologies PLC07 June 2007 FOR IMMEDIATE RELEASE 7 June 2007 AMINO TECHNOLOGIES PLC COURT APPROVAL RECEIVED FOR CANCELLATION OF SHARE PREMIUM ACCOUNT Amino Technologies plc ("Amino" or "the Company"; stock code: AMO), theCambridge based broadband network software and systems group, has now receivedCourt approval for the cancellation of the Share Premium Account following theconsent by shareholders at the Annual General Meeting held on 28 March 2007. The effect of this cancellation will be to create distributable reserves inAmino which will give it the flexibility to pay dividends or to purchase its ownshares in the market to be held in treasury or cancelled, should this beconsidered to be in the best interests of the Company and its shareholders.These possible courses of action will be reviewed by the Board from time to timeand, if any action is taken, further announcements issued as appropriate. Ends About Amino Amino Technologies plc (www.aminocom.com) designs and supplies electronicsystems, software and consultancy for IPTV (telco triple-play applications),on-demand video and in-home multimedia distribution. Amino is partnered with world-leading companies in systems integration, middleware, conditional access, silicon, head-end systems and browser technologies. CONTACTS Amino Technologies: 01954-234100Keith Todd, Chairman www.aminocom.comBob Giddy, Chief ExecutiveStuart Darling, Finance Director Bankside: 020-7367-8888Steve Liebmann or Simon Bloomfield KBC Peel Hunt Ltd. 020-7418-8900Julian Blunt This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AMO.L