14th Nov 2013 11:36
Avanti Communications Group plc
(the "Company")
Result of AGM and Publication of Annual Report and Accounts
London - 14 November 2013. Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Group"), the satellite operator, is pleased to confirm that all resolutions put to shareholders at its Annual General Meeting today were duly passed.
The Company also announces that it has published and sent to shareholders its Annual Report and Accounts for the year ended 30 June 2013. Copies of the Annual Report and Accounts can be obtained from the Company's website: www.avantiplc.com
- Ends -
For further information please contact:
Avanti Communications Group Plc
Tel: +44 (0)20 7749 1600
David Williams, Chief Executive
Cenkos Securities plc
Tel: +44 (0) 20 7397 8900
Max Hartley (Nomad)/Julian Morse (Sales)
Jefferies Hoare Govett
Tel:+44 (0) 20 7029 8000
Neil Collingridge/John Fishley
College Hill
Tel: +44 (0) 20 7457 2020
Adrian Duffield / Jon Davies
About Avanti
· Avanti sells satellite data communications services to telecoms companies which use them to supply residential, enterprise and institutional users.
· Avanti's first satellite called HYLAS 1, launched on November 26th 2010 and was the first superfast broadband satellite launched for Europe.
· Avanti's second satellite, called HYLAS 2, launched on August 2nd 2012. It extended Avanti's coverage to Africa, the Caucasus and the Middle East.
· Avanti's third satellite HYLAS 3, to be launched in partnership with ESA, will provide further capacity in the EMEA region.
· Over 80% of Avanti's fleet capacity will address the high growth telecommunications markets of Africa, the Caucasus and the Middle East.
Related Shares:
AVN.L