11th Sep 2006 15:00
Glotel PLC11 September 2006 Glotel PLC (the 'Company') 11 September 2006 Result of AGM and Special Resolution At the AGM of Glotel Plc held earlier today, all resolutions presented to themeeting were duly passed. This included Resolution 8, a Special Resolution,which authorised the Company, generally and unconditionally, to make purchasesof ordinary shares of 5p each in the capital of the Company provided that: (a) the maximum number of ordinary shares authorised to be acquired is 3,880,015representing 10% of the issued ordinary share capital as at 25 July 2006; (b) the minimum price which may be paid for any such ordinary shares is 5p perordinary share; (c) the maximum price which may be paid for any such ordinary share is an amountequal to 105% of the average of the middle market quotations for an ordinaryshare as derived from the London Stock Exchange Daily Official List for the fivebusiness days immediately preceding the day on which the ordinary share iscontracted to be purchased; and (d) the authority hereby conferred shall expire 15 months after the date onwhich the resolution is passed, or if earlier, at the conclusion of the AGM ofthe Company in 2007 but a contract of purchase may be made before such expirywhich will or may be completed wholly or partly thereafter and a purchase ofshares may be made in pursuance of any such contract. In accordance with Listing Rule 9.6.2, the Company has forwarded 2 copies of theabove Special Resolution to the Financial Services Authority for publicationthrough the document viewing facility. For further information, please contact: Glotel Plc Weber Shandwick Square MileLes Clark, Chairman Nick OborneJonathan Brooks, Group Finance Director 020 7067 0700020 7484 3000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
GLO.L