Notice of General Meeting

RNS Number : 6696C
Asia Digital Holdings PLC
18 November 2009
 




Press Release

        18 November 2009


Asia Digital Holdings plc


("Asia Digital" or "the Group")


Notice of General Meeting


Section 656 of the Companies Act 2006, ('s656') was brought to the attention of the Directors as part of the due diligence process prior to its recent £1.275m placing. S656 requires that when the net assets of a public company are less than half of its called-up share capital, the Directors are required to convene a General Meeting of the company.

 
Accordingly, a General Meeting of Asia Digital Holdings plc will be held at the offices of Howard Kennedy, 19 Cavendish Square, London W1A 2AW on Monday, 16 December 2009 at 
10:00am for the purpose of considering, whether any, and if so what, steps should be taken to deal with this situation. No resolution is being put to the General Meeting.

A Circular and Notice of General Meeting have been posted to Shareholders today. 

These documents are also available on the Group's website:  www.adhplc.asia 

The Directors are of the opinion that the recent placing on 30 October 2009 has materially improved the Group's financial condition and expected improvements in financial performance should continue this positive trend.


-Ends-


For further information, please contact:

Asia Digital Holdings plc


Adrian Moss, Chief Executive 

Tel: 00 65 6508 9202


www.adhplc.asia



Daniel Stewart & Company plc


Paul Shackleton / Stewart Dickson

Tel: +44 (0) 20 7776 6550


www.danielstewart.co.uk


Abchurch Communications


Heather Salmond / Nick Probert

Tel: +44 (0) 20 7398 7715

nick.probert@abchurch-group.com

www.abchurch-group.com



This information is provided by RNS
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