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ZTC Telecoms plc (ZTC)

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Wednesday 12 November, 2008

ZTC Telecoms plc

Delay in release of Prelimina

RNS Number : 0198I
ZTC Telecommunications plc
12 November 2008
 



12 November 2008


ZTC Telecommunications Plc (the 'Company')


Delay in release of Preliminary results for the year ended 30 June 2008


The Board of ZTC Telecommunications Plc (AIM: ZTC) has previously advised that it intended to announce its final results for the year ended 30 June 2008 on 17 November 2008.


Following the announcement made on 10 November 2008 regarding the current uncertainties in the Company as a result of the absence of Mr Chaohui (aka Charles) Huang, CEO and majority shareholder of the Company and Mr Yang Ruqiang, the Company's General Manager, the Board believes that it is prudent to delay the release of the results until this situation becomes clearer.


Further, as the Company is currently unable to access its offices, it is unable to update its website (www.ztcmobile.com) and therefore announcements made by the Company since 6 November 2008 are not currently available therefrom.


A further announcement will be made in due course.

 


FOR ENQUIRIES:


ZTC Telecommunications plc

Mark Syropoulo, Finance Director

+86 21 6867 0012

Frank Lewis, Chairman

+44 7785 273 111


Fairfax I.S. PLC

Nominated Adviser & Broker

Adam Hart/Laura Littley

+44 20 7598 5368


Conduit PR
Jos Simson/Ben Way
+44 20 7429 6609



This information is provided by RNS
The company news service from the London Stock Exchange
 
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