28/03/2007 - Calling of Eurotunnel AGM postponed
By an order dated 27 March 2007, the Paris Commercial Court decided to postpone, until 15 June 2007, the deadline given to Eurotunnel for the calling of its general meetings to approve the 2005 and 2006 reports and accounts.
Eurotunnel stresses that the going concern of both Eurotunnel PLC and Eurotunnel SA depends directly on the implementation of the Safeguard Plan and in particular on the recapitalisation operations of these companies.
Such operations can only be implemented if the Exchange Tender Offer is successful, hence the postponement of the calling of the general meetings.
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Eurotunnel manages the infrastructure of the Channel Tunnel and operates accompanied Truck Shuttle and Passenger Shuttle (car and coach) services between Folkestone, UK and Calais, France. Eurotunnel also earns toll revenue from train operators (Eurostar for rail passengers, and EWS and SNCF for rail freight) which use the Tunnel. Eurotunnel is quoted in London, Paris and Brussels. |