23rd May 2008 08:00
Coms plc
('Coms' or 'the Company')
Notice of EGM
The Board of Coms plc today announces that it has posted a circular to its shareholders containing a notice to convene an extraordinary general meeting ('EGM') to be held at 10:00 am at the Company's offices at 46 Cannon Street, London EC4N 6JJ on 20 June 2008.
As detailed in the circular, at this EGM the directors will seek authorities to allot ordinary shares of 0.1 pence each ('Ordinary Shares') , dis-apply pre-emption rights in relation to the allotment of Ordinary Shares for cash and authorise electronic communication with shareholders.
A copy of the circular posted to shareholders is available on the Company's website www.coms.com
For further information please contact:
|
COMS PLC |
|
|
Richard Bennett, Corporate Development Officer |
Tel: + 44 (0) 20 7148 3600 |
|
www.coms.com |
|
|
DANIEL STEWART & COMPANY PLC |
|
|
Simon Leathers/Tessa Smith |
Tel: + 44 (0) 20 7776 6550 |
|
www.danielstewart.co.uk |
Notes to Editor:
About Coms plc
Coms was founded by Jason Drummond in 2000 with the vision of using the Internet
to carry and deliver voice telephone calls. Unlike Skype, Coms is based upon the industry standard SIP protocol which enables the widest possible connection of customers, devices and integrated Web 2.0 applications. Coms subscribers can make high quality calls over the internet wherever a high-speed internet connection is available including in wireless hotspots. Coms subscribers can also select their own free telephone number. Ofcom has allocated Coms 2 million numbers in the top 178 UK geographic area codes by population which Coms subscribers can choose from. In addition, Coms can transfer a company's existing telephone number to their service. Subscription is available in a range of packages from the Company's website www.coms.com.
As well as the obvious cost saving implications for businesses and consumers, the expanding market will enable Coms to develop and offer innovative new convergent services such as video calling, IP Centrex, location independence and online presence. It is these new innovative features, alongside the cost saving benefits that are likely to encourage customers away from traditional PSTN systems and combine their broadband service and voice calling system.
Coms launched its consumer service in October 2006, and recently acquired ExchangeXT, a leading provider of business VoIP services, to enable Coms to enter the SME market.
Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and a member of the Internet Telephony Service Providers Association (ITSPA).
Coms plc joined the AIM market of the London Stock Exchange on 6 September 2006.
Related Shares:
SMRT.L