News & Media
Notice to Shareholders on the UK Branch Register (“UK Shareholders”) before Delisting
Visonic (LSE: VSC.L; TASE: VSC.TA) (“Visonic” or the “Company”), the international developer and manufacturer of electronic security systems (alarms) and home management systems, announces that, following certain queries from UK Shareholders with regards to the Company’s ordinary shares (“Shares”) following Delisting in the UK, expected to occur on 5 March 2010.
Result of General Meeting Approval of Delisting
The Board of Visonic announces that the Resolutions proposed at the General Meeting (“GM”) held earlier today, to approve the cancellation of listing of its Shares on the Official List and the trading of its Shares on the main market of the London Stock Exchange and to approve the proposed amendments to the Company’s Articles of Association (“Articles”), as set out in the notice of GM sent to Shareholders dated 11 January 2010, were duly approved by Shareholders1.
Proposed Cancellation of Listing of the Shares on the Official List and the Trading of the Shares on the Main Market of London Stock Exchange
On 11 January 2010 the Company announced its intention to seek the cancellation of listing of its Shares on the Official List and the trading of its Shares on the main market of the London Stock Exchange as well as proposed amendments to the Company’s Articles of Association. A circular (the “Circular”) was, on 11 January 2010, dispatched to Shareholders, incorporating a notice convening a General Meeting of the Company which shall be held at 12:00 noon (UK time) on 4 February 2010.
Trading Update
Visonic (LSE: VSC.L; TASE: VSC.TA) (“Visonic” or the “Company”), the international developer and manufacturer of electronic security systems (alarms) and home management systems, announces the following trading update: Sales in the second six months of the year to 31 December 2009 were US$42.8M, up 6.2% compared to the same period in 2008.
Current stock price
