Notice of GM & Receipt of Payment

RNS Number : 6412A

Avisen PLC

02 April 2012

 



2 April 2012

Avisen plc (AIM: AVI)

("Avisen" or the "Company")

General Meeting & Receipt of Payment

The Avisen Board announces that a circular containing a notice of a General Meeting ("GM"), to be convened for 19 April 2012, at 11 a.m at the offices of Brown Rudnick, 8 Clifford St London W1S 2LQ, is today being sent to shareholders. The purpose of the GM is to seek shareholder approval to change the name of the Company from Avisen Plc to 1Spatial Plc.

The Board is also pleased to confirm that, further to the announcement released on 17 March 2011 relating to the disposal of Inca Software Limited, the Company has today received a payment of £1.3m, being the total deferred consideration due. 

The notice of GM and form of proxy, together with an explanatory covering letter from the Chairman, is being posted to shareholders today and will shortly be made available on the Company's website at www.avisen.com/investors/reports/.

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For further information, contact:

Avisen PLC: Marcus Hanke, CEO Claire Milverton, CFO	[phone]
Strand Hanson Limited: James Harris Paul Cocker	[phone]
Bishopsgate Communications: Deepali Schneider Lynne Goulding [e-mail]	[phone]

 

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