ATEL Atelis

 

TIDMATEL 
 
RNS Number : 8852M 
Atelis PLC 
05 February 2009 
 

 
For Immediate Release 
             5 February 2009 
 
 
Atelis PLC 
("Atelis" or "the Company") 
 
 
Notice of Annual General Meeting ("AGM") 
Proposed Investment Strategy 
 
 
The Board of Atelis has today posted to shareholders a Notice of AGM which will 
be held at the offices of Collyer Bristow LLP, 4 Bedford Row, London WC1R 4DF on 
2 March 2009 at 12 noon. 
 
 
Further to the announcement made on 18 December 2008, the ordinary business of 
the AGM will include a resolution to approve the investment strategy set out in 
that announcement and in the Notice of AGM (the "Notice") as follows: 
 
 
'The Directors are currently investigating a number of opportunities to acquire 
a business which requires further funding for expansion in conjunction with a 
public quotation for its shares on terms which should prove beneficial to 
existing shareholders, management, employees and shareholders of the business 
being acquired. The Directors may also consider a series of acquisitions within 
a specific business sector where businesses of the same nature would benefit 
from the economies of scale provided by a group structure. The Directors believe 
that opportunities will be provided by both the technology, emerging technology 
and natural resources sectors, but no sector will be ruled out. The Directors 
anticipate that the target business will be based in the United Kingdom, but 
such companies may operate worldwide. 
Such investments may result in Atelis acquiring the whole or part of a company 
or project. Atelis's investments may take the form of equity, joint venture 
debt, convertible instruments, licence rights, or other financial instruments as 
the Directors deem appropriate.' 
The Notice will be available on the Company's website www.atelis.net. 
 
 
For more information, please contact: 
 
 
Rony Cohen, CEO 
Tel: 01635 881 649 
www.atelis.net 
 
 
Roland Cornish 
Beaumont Cornish Limited 
Tel: 020 7628 3396 
 
 
Kealan Doyle 
Lewis Charles Securities 
0207 456 9100 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NOASSDFMISUSEDE 
 

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