Result of EGM
06 Mars 2006 - 11:55AM
UK Regulatory
RNS Number:3327Z
India Outsourcing Services PLC
06 March 2006
For immediate release 6 March 2006
INDIA OUTSOURCING SERVICES PLC
("India Outsourcing" or "the Company")
Result of Extraordinary General Meeting
India Outsourcing Services plc (AIM: IOS), a company formed to capitalise on
acquisition and investment opportunities primarily in the Indian business
process outsourcing (BPO) market, is pleased to announce that all resolutions
were passed at the Extraordinary General Meeting of the Company held earlier
today.
The Placing announced on 9 February 2006, in which India Outsourcing
conditionally raised #3 million before expenses from institutional and other
investors, will complete upon admission of the Placing Shares, which is expected
to take place at 8am on 7 March 2006.
Haresh Kanabar, India Outsourcing's Chairman, commented: "I would like to take
this opportunity to welcome the investors who joined India Outsourcing's
shareholder base in the Placing. We will continue to execute our strategy and
look forward to updating shareholders in due course on progress towards our
first acquisition."
For further information:
India Outsourcing Services plc Tel: 020 7070 7241
Haresh Kanabar, Chairman
Amit Pau, Chief Executive
Daniel Stewart & Company plc Tel: 020 7776 6560
Lindsay Mair
Nicholas Marren
Buchanan Communications Tel: 020 7466 5000
Mark Court
Elly Williamson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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