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ASX Announcement
Engin Limited (ENG)
19 September 2007
Company Announcements Centre
Australian Stock Exchange
ENGIN INCREASES HOLDING OF UNWIRED (UNW) TO OVER 19.8%
Sydney - 19th September 2007:
Engin today confirms that it has increased its holding in the ordinary shares of Unwired
Group Limited (“Unwired” - UNW.ASX) from 11.37 per cent, to over 19.8 per cent
through a series of transactions, mainly at 45 cents per share. The shares were bought
from interests associated with Unwired’s former Director (and Chairman) Steve Cosser.
As previously stated, the stake has been acquired for investment purposes and should
enable Engin, as a significant shareholder, to play a prominent role in the
development of wireless broadband technologies across Australia. Engin acquired
the additional Unwired shares using debt funding provided by a Seven Network group
company (“Seven” - SEV.ASX).
About Engin
Engin, listed on the ASX (ENG), is Australia’s leading Broadband phone company, cutting the
cost of calling for tens of thousands of homes and small businesses across Australia. By using
Engin products, broadband users can keep their previous phone number to receive calls, whilst
making great savings with their outbound calls. Engin’s customers receive high quality calls
using VoIP (Voice over Internet Protocol) technology. Engin is the primary distributor of TiVo
which is expected to launch in Australia in early 2008.
Engin is headquartered in Sydney, Australia and was granted its telecommunications carrier
license in March 2004 to deliver a digital voice service across existing broadband connections.
Winner of the ATUG Best Communications Solution – Small Business 2006 award and the 2005
iAwards AIIA communications category, Engin provides affordable telecommunication
alternatives for all Australian consumers and businesses. For more information, please visit
www.engin.com.au.
For further press information please contact:
Engin
Will McIntyre
PR Manager, Engin
T: 02 9004 4407
Email: [email protected]
Investor enquiries:
Paul Jeronimo
Company Secretary
+61 2 9004 4178
[email protected]
................
12:39 158,400 14 40,000
12:37 157,144 13.5 492
12:37 157,143 13.5 4,508
12:35 156,424 14 15,000
11:35 113,888 14 75,000
11:25 105,209 13.5 10,000 XT
11:09 90,369 13.5 25,492
11:06 87,405 13.5 16,000
11:02 84,464 13.5 71,428
11:02 84,463 13.5 10,000
11:02 84,462 13.5 14,000
11:02 84,461 13.5 50,000
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