Firering Strategic Minerals: From explorer to producer. Watch the video here.
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I think you may have missed the key point here, the RNS was vague, but the detail that was released by error by their pr company was not, so I would expect more detail to be coming shortly on the multi year deal they mentioned.
Thanks for posting, can't stop reading it. The new CEO certainly has the skils to take PINN higher. Expecting a nice rise today. Gl all
He's looking a bit bitter in my opinion, of course it could also be a revenge posting because i've stopped so many pump and dumps getting off the ground recently, just a thought ;-)
Looking for an entry point?
Pinnacle unveils digital partnership with O2 Pinnacle Technology Group has announced a digital partnership with leading mobile provider O2 as part of an exclusive channel tie-up. Pinnacle - which has offices in Glasgow, Stoke-on-Trent and Northampton - has been appointed as a specialist partner to provide tailored security solutions and assist O2 in enlarging its digital capability and delivering a 'mobile centre of excellence' to the market. The multi-year deal will encompass all of Pinnacle's major offerings, providing a compelling solutions bundle for SMEs in particular. Furthermore, it is expected to allow Pinnacle to enhance its position as a front runner in digital strategy and a leading technical advisor. The deal builds on the existing relationship between the businesses, where as an accredited supplier of mobile telephony solutions for O2, Pinnacle offers a wide range of flexible tariffs and contracts, with a variety of package options available. Pinnacle CEO, Nicholas Scallan, said: "Our exciting partnership with O2 is another demonstratration of our on-going commitment to offering clients technology, digital products and services that will significantly enhance their business performance. Consumers are better informed than ever before, increasingly enjoying all the possibilities that creates. However, many organisations - SMEs in particular - simply aren’t making the most of the digital products and services available to them. Becoming a truly integrated organisation can deliver marked benefits, helping businesses to succeed and grow in digital Britain, and our partnership with O2 will offer them that." He added: "This partnership represents an important announcement for us that redefines the way we create new business, drives better performance and quality, and provides a further indication of our wider ambitions." Issued by Beattie Communications on behalf of Pinnacle Technology Group plc. For further information contact: Corrine Douglas | corrine.douglas@onlybeattie.com | 01698787855 - 07971749044 David Walker | david.walker@onlybeattie.com | 01698787848 - 07811693866
Don't worry mate, be patient. Everyone will soon find out how big this is going be along with the market makers. Just enjoy the ride if you are in.
Well PINN Ceo promised the recovery 12 months ago and I think his words are coming true. The new ceo is making PINN leaner and meaner and it helps that he has worked for so many years at top at Virgin Media.
I have no idea what pinn will be supplying O2 with.. All I know is that O2 have a diverse digital product that all partners across the UK now have to sell .. If they are just selling this then it's not really news IMO! What am I missing here??? What are they supplying O2??
The cats out the bag anyway lol
Well no RNS as yet, maybe an intra day one then.
Think you will find today's rise was also the start of a recovery. I also think if you are in the sector you should know what PINN will be supplying O2 and others with, you do know I presume ?
http://www.proactiveinvestors.co.uk/companies/news/38157/pinnacle-telecom-shares-soar-on-bbc-contract-for-olympic-games-38157.html "Pinnacle Telecom shares soar on BBC contract for Olympic Games"
Director: James Dodd - 3,161,538 6.87% Thomas Black - 3,765,137 8.18% Nicholas Scallan - 531,000 1.15% MXC HOLDINGS LIMITED - 1,555,470 3.38% DARRON GIDDENS - 2,189,466 4.76% Herald Investment Management Limited - 3,974,358 8.64% HARGREAVE HALE LIMITED - 2,533,077 6.78% List from last company report: Substantial shareholdings At 17 February 2014 the following substantial shareholding interests had been notified to the Company: Number of ordinary shares Percentage held Octopus Investments 3,247,398 10.08% ISIS Equity Partners 2,500,000 7.64% A J Bonner 2,275,224 6.95% D Giddens 2,006,543 6.13% Huntingtower Capital 1,840,464 5.62% P Goodland 1,782,737 5.45% Herald Investments 1,666,666 5.09% MXC Capital Ltd 1,197,778 3.66% Hargreave Hale 1,005,000 3.07% Dr T Black 882,096 2.70%
Guy, this rise is ridiculous.. I am in this sector, O2 are making all partners sell O2 digital, it doesn't justify a 60% rise in the SP!!! Is there more to it that I'm missing???
Wonder what value can be put on an exclusive multi year deal?
Deffo dropped it into close to try and fill big orders imo, should fly in the morning
Plus a Tasty £48 k buy ....
Don't worry about it, as only MMs will really know. But such corrections are normal. Sometimes a wrong figure is punched in so is later cancelled and correct figure displayed later.
"Nicholas Scallan, Chief Executive Officer (Designate assuming the role on 3rd March 2014) Nicholas is Chief Executive Officer (Designate) of the Pinnacle Technology Group. Prior to joining Pinnacle, Nicholas was most recently Director of Customer Solutions at Virgin Media Business. He spent nine years at Virgin Media, holding a number of commercial and operational roles in cluding P&L management of the data products portfolio, customer engineering, and has overseen a number of organisational restructuring activities. Before Virgin Media, Nicholas was at Energis, responsible for broadband, data and internet related programmes. In The Netherlands he held the position of Networks Director for Enertel NV, and was involved in the sale of the business to a Dutch venture capital group. He studied Electrical Engineering at the University of Strathclyde, is a Chartered Engineer and a member of the Institute of Engineering and Technology. "
"Grant of Options Thu, 27th Mar 2014 15:18 RNS Number : 3734D Pinnacle Technology Group PLC 27 March 2014 Pinnacle Technology Group plc (the "Company") Grant of Options Pinnacle Technology Group plc (AIM: PINN), the AIM listed provider of converged technology solutions, announces that the Company has granted to Nicholas Scallan, CEO, options over 1,000,000 ordinary shares under the provisions of the EMI Code at the exercise price of 15.6 pence per ordinary share, being a 20% premium to the closing middle market price of the Company's ordinary shares on 28 February 2014. All of the options shall vest and may be exercised at any time on or after 26 March 2017, being the third anniversary of the date of the grant. The options will lapse on or after the tenth anniversary of the date of grant. "
Director: James Dodd - 3,161,538 6.87% Thomas Black - 3,765,137 8.18% Nicholas Scallan - 531,000 1.15% Pinnacle Technology Group plc (AIM:PINN) announces that the total number of ordinary shares of 0.1 pence each ("Ordinary Shares") in the capital of the Company in issue at 28 November 2014 is 46,018,435.
It means, there was a mistake in earlier reported figure and now it has been corrected.
Explain what the minus means infront of the £34K buy at 15:57pm?