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Voting Rights and Capital

7th Jan 2010 11:49

RNS Number : 1893F
Avanti Communications Group Plc
07 January 2010
 



Date:

7 January 2010

On behalf of:

Avanti Communications Group plc ('Avanti' or 'the Company')

Avanti Communications Group plc

Voting Rights and Capital 

In compliance with the Transparency Directive's Transitional Provision 6, Avanti Communications Group plc would like to notify the market of the following: 

Avanti Communications issued capital comprises 68,672,065 ordinary shares of 1 pence each. The trustees of the EBT hold 4,788,280 of these shares and have waived their voting rights. The remaining 63,883,785 shares carry voting rights. 

Shareholders should use 63,883,785 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, Avanti Communications under the FSA's Disclosure and Transparency Rules. 

Enquiries to:

Avanti Communications Group plc

http://www.avanti-communications.com/

David Williams/Nigel Fox 

020 7749 1600

Redleaf Communications Ltd

[email protected] 

Wendy Watherston/ Paul Dulieu

020 7566 6700 

Cenkos Securities

Max Hartley / Julian Morse

 020 7678 8000

Notes to Editors:

About Avanti Communications

Avanti sells satellite broadband services to telecoms companies which use them to supply homes and businesses. 
Avanti's first satellite, called HYLAS1 is under construction for launch in Q2 2010 and will be the first superfast broadband satellite launched in Europe. 
Avanti's second satellite, HYLAS 2 will launch in 2012 to provide similar services in EMEA
The market for 2Mb satellite broadband products in the Europe, Middle East and Africa markets Avanti serves is estimated at more than 100 million homes and businesses. 
Avanti currently provides satellite broadband services to customers in Europe using leased satellite capacity which it will transfer to HYLAS 1 on launch. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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