16 March 2010

Avanti Communications

Company Details

Address:
74 Rivington Street , London EC2A 3AY
Telephone:
020 7749 1600
Email:
info@avantiplc.com
Website:
www.avanti-communications.com

Commentary

Broadband satellite operator

Executives

Chairman:
John Brackenbury (1% holding)
Chief Executive:
David Williams (3.7% holding)
Finance Director:
Nigel Fox (.04% holding)
Technical Director:
David Bestwick (3.6% holding)

Main Shareholders

Caledonia Investments: 22.6%

Avenue Europe Management: 7.6%

Hermes Pensions: 7%

North Atlantic Value: 6.8%

Advisers

Nominated Adviser:
Cenkos Securities
Nominated Broker:
Cenkos Securities
Solicitors:
Osborne Clarke
Auditors:
PricewaterhouseCoopers
Registrar:
Neville Registrars

Accounts Information

Entry on AIM:
16/4/2007
Issue Price:
n/a
Interim Results:
Feb
Final Results:
Sep
Year End:
Jun
Accounts Due:
Dec
Int div payment:
n/a
Fin div payment:
n/a
Int net div per share:
nil
Fin net div per share:
nil

Financial History

  2009 2008
Turnover: £8.04m £5.92m
Pre-tax profit: £ 1.80m £ (1.35m)
EPS: 3.78 p (3.6) p

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