Network Data to sell head office

The notice reads

An extraordinary general meeting of the Group will be held at Botleys Mansion on 19 November 2008 at 10.00am at which the following matter will be proposed: Section 142 Notice.

Following the recent publication of the half-year 2008 results, the Directors are aware that the net assets of the Group are less than half of the Group's called-up share capital.

It is a requirement pursuant to Section 142 of the Companies Act 1985, that an EGM should now be called to consider whether any, and if so, what, steps should be taken to address the situation.