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xG Technology Inc. (XGT)

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Friday 31 May, 2013

xG Technology Inc.

Total Voting Rights

RNS Number : 9531F
xG Technology Inc.
31 May 2013
 



 

 

 

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY,

IN OR INTO THE UNITED STATES

 

31 May 2013

 

xG Technology, Inc.

("xG","xG Technology" or the "Company")

 

Total Voting Rights

 

xG Technology, the developer of a portfolio of wireless communications technologies, including cognitive radio networks, announces that the Company's issued share capital at the date of this announcement consists of 7,321,839 shares of common stock with a nominal value of $0.00001 each ("Shares"), each Share having equal voting rights. The Company holds 2,286 Shares in treasury. Therefore, the total number of Shares with voting rights is 7,319,555. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

 

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Contacts

 

xG Technology, Inc.

www.xgtechnology.com

 

John Coleman, Chief Executive Officer

+1 212 651 4219

 

Roger Branton, Chief Financial Officer

+1 212 651 4219

 

James Woodyatt, Investor Relations

+1 954 572 0395

 



 

Allenby Capital Limited (Nominated Adviser and Broker)

www.allenbycapital.com

 

Nick Naylor

+44 20 3328 5656

 

Mark Connelly

+44 20 3328 5656

 



 

First Columbus LLP (Joint Broker)

www.first-columbus.com

 

Chris Crawford

+44 20 3002 2073

 



 

Fusion PR (Media and Analyst Relations)


David Worthington

+1 212 651 4200



 



 

 

 

ABOUT xG TECHNOLOGY

xG Technology has developed a broad portfolio of innovative intellectual property that we believe will enhance wireless communications. Its patented intellectual property portfolio covers a wide range of applications, including smart wireless networks that can help address the global wireless spectrum crisis through advanced technology. xG is commercializing some of these technologies to create xMax, a cognitive, or 'smart', radio network system. The Company's technology provides ways to increase the efficient use of spectrum, allowing network operators to offload existing voice or data traffic, reduce dropped calls, and enhance network capacity for their customers. xMax's standards-based IP architecture minimizes network deployment, management and operational costs while simplifying the delivery of high quality fixed and mobile voice and data services. xMax can enhance and extend wireless networks, and provides an economical last mile solution for hard to reach customers and devices. Using field-proven technology, xMax enables the delivery of mobile broadband services to consumers, agencies and enterprises worldwide in both licensed and free unlicensed bands. In the U.S., the Company has 43 patents granted, 16 patent applications pending, and 5 provisional applications pending. Internationally, we have 51 patents granted, 82 patent applications pending, and 10 Patent Cooperation Treaty (PCT) applications. For more information, please visit www.xgtechnology.com.

 

 


This information is provided by RNS
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