13th Feb 2007 07:02
ARC Risk Management Group PLC13 February 2007 ARC RISK MANAGEMENT GROUP PLC Notice of EGM Change of name to red24 plc ARC Risk Management Group Plc ("ARC" or "the Company"), the AIM-quoted globalsecurity company, announces that it sent a circular to shareholders on 13thFebruary 2007 giving notice of an Extraordinary General Meeting ('EGM') at whicha resolution will be proposed to change the name of the Company to red24 plc. Since the interim results for the half year to 30th September 2006, the Boardhas continued to develop the Group's products in general and red24 inparticular. Sales of our red24 product have continued to grow, both in absoluteterms and as a proportion of Group revenue, and now contributes over 50% of theGroup's turnover, a trend we expect to continue in the coming financial year. Inview of this, the Board has decided to ask shareholders to approve a change inthe Company's name to red24 plc, thereby giving greater visibility to the brandand enabling the Company to build successfully on it. The EGM will be held at 11.30 a.m. on Thursday 8th March 2007 at the offices ofred24 Limited, Landmark House, Hammersmith Bridge Road, London W6 9EJ The circular convening the EGM will be available to the public free of chargefor one month from the date of this announcement at Landmark House, HammersmithBridge Road, London W6 9EJ. - Ends - For further information please contact: ARC Risk Management Group plcSimon Richards, Chairman Tel: 0208 080 0217 Threadneedle CommunicationsJosh Royston, Graham Herring Tel: 0207 936 9606 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
REDT.L