18th Jul 2006 11:01
Eckoh Technologies PLC18 July 2006 For Immediate Release 18 July 2006 ECKOH TECHNOLOGIES PLC (the "Company") Recommended Offer for Symphony Telecom Holdings PLC ("Symphony") Eckoh Technologies plc, one of Europe's leading providers of outsourcedautomated solutions, today announces that the Offer by Redstone plc ("Redstone")for the entire issued share capital of Symphony at a price of 54.5p in cash, foreach Symphony ordinary share has now been declared unconditional in allrespects. Consequently the Company's holding of 20,099,999 ordinary shares inSymphony has now been disposed, the proceeds of which will initially be placedon deposit. The Company believes that it will not need all of the proceeds from the sale ofSymphony to satisfy current operations and the directors are thereforeconsidering how to best utilise its additional cash resources. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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