4th Jun 2007 16:21
Spiritel PLC04 June 2007 Spiritel plc Circular Posted and Notice of EGM On 4 April 2007, Spiritel plc announced that it had conditionally agreed tomodify the terms attached to its redeemable preference shares, loan notes andloans. Spiritel plc has today posted a circular to shareholders providingfurther details relating to these proposals. The proposals are subject to shareholder approval and the circular accordinglyalso contains a Notice of Extraordinary General Meeting. The EGM to approve theresolutions set out in the circular will be held at the offices of Lane &Partners LLP, 15 Bloomsbury Square, London WC1A 2LS at 10:00 am on Wednesday 27June 2007. For further information please visit www.spiritelplc.com or contact: Spiritel plc +44 (0)20 7160 0100Alastair Mills (Chief Executive) Tavistock Communications +44(0)20 7920 3150Simon HudsonClemmie Carr Teather & Greenwood | Landsbanki +44(0)20 7426 9000Sindre Ottesen Note to Editors Spiritel plc is a telecommunications group that offers a mix of traditional andnext generation telecommunications' services and products to business customers.The Group listed on AIM in July 2004 (AIM: STP). Spiritel's customers who rangefrom large blue chip corporates to SMEs are served through the Group's twodivisions - Spiritel Wholesale and Spiritel Retail. Spiritel Retail was established in 2006 and comprises a number ofdirect-to-customer initiatives designed to guide users through the ongoingmigration to Internet Protocol (IP) based telecoms services. Through the recentacquisitions of CallPlan Ltd, Networks Direct UK Ltd and The Ashland Group thedivision has gained relationships with almost 1,000 SME customers and blue chipsincluding Marriott and Whitbread. Spiritel Wholesale provides a range of voice and data products to UK andinternational operators. The services include UK and international calltermination and the latest generation of IP-based communications technologiesfor carrier and business customers. Spiritel is a consolidator in the highly fragmented UK telecoms reseller market.The Group proposes to deliver shareholder value through acquisitions, whichbring complementary products and skill sets to the Group's offering andorganically via the cross selling of Group products by fellow subsidiaries andjoint ventures. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
STP.L