Result of General Meeting

RNS

Avanti Communications Group plc (“the Company”), a leading provider of satellite data communications services in Europe, the Middle East and Africa, announces that all of the resolutions put to Shareholders at the General Meeting of the Company held on 23 February 2015 were duly passed.

The resolutions grant the Directors authority to allot the New Ordinary Shares and to disapply statutory pre-emption rights which would otherwise apply to the allotment of the New Ordinary Shares issued pursuant to the £60.6 million Capital Raising announced on 5 February 2015. Admission of the New Ordinary Shares is now expected to occur at 8.00 a.m. on 25 February 2015 and following Admission, all conditions relating to the Capital Raising will have been satisfied.

Definitions used in this announcement have the same meaning as those used in the circular which were posted to Shareholders and is available on the Company’s website www.avantiplc.com

 

—ENDS—

For further information please contact:

Avanti: Matthew Springett, +44 (0)20 7749 6709

Tulchan Group: James Macey White, +44 (0)20 7353 4200

Redleaf: Hannah Nicolas, +44 (0)20 7382 4734

Cenkos Securities: Max Hartley (Nomad) / Julian Morse, +44 (0)20 7397 8900