Last checked at 29 Mar 2012 13:44
Pinnacle Telecom Group plc
("Pinnacle" or the "Company")
Result of AGM and Voting Rights
29 March 2012
At the General Meeting of the Company held today, all resolutions were duly passed.
Voting Rights, Directors Shareholdings and Holdings in the Company
For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of shares in Pinnacle Telecom Group plc in issue as at the date of this notice is as follows:
Class | Nominal Value per share | Number in issue | Voting rights attached |
Ordinary | 0.1p | 2,211,474,397 | 2,211,474,397 |
The Company does not hold any shares in treasury.
Shareholders may use the above figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Pinnacle Telecom Group plc under the Disclosure and Transparency Rules.
As a result of the recent allotments of new ordinary shares by the Company in connection with a placing on 15th March 2012 to raise £360,000, the following relevant changes occurred in holdings in its issued share capital:
Name | Previous | Previous | New | New |
Alan Bonner (Chief Executive Officer) | 201,389,150 | 9.64% | 221,389,150
| 10.01% |
Darron Giddens | 190,273,709 | 9.10% | 190,273,709 | 8.60% |
Paul Goodland | 178,273,709 | 8.53% | 178,273,709 | 8.06% |
Huntingtower Capital | 186,046,491 | 8.90% | 186,046,491 | 8.41% |
Shelly Dronfield | 84,136,855 | 4.03% | 84,136,855 | 3.80% |
S Patel | 74,556,571 | 3.57% | 74,556,571 | 3.37% |
Dr Tom Black | 57,142,857 | 2.73% | 71,542,857 | 3.24% |
For further information please contact: | |
Pinnacle Telecom Group plc | |
Alan J Bonner, Chief Executive | 0845 119 2100 |
Zeus Capital Limited | |
Ross Andrews | 0161 831 1512 |
Rivington Street Corporate Finance Limited | |
Jon Levinson & Peter Greensmith | 0207 562 3389 |
All Company announcements & news can be found at: http://www.pinnacletelecomgroup.co.uk
About Pinnacle
Pinnacle Telecom Group plc (AIM: PINN) Pinnacle Telecom Group plc focuses on the business market across the UK. Driven by leveraging organic opportunities as well as through targeted acquisitions, we provide a wide range of converged managed solutions including Managed Support Services, Unified Communications and Collaboration, Communications and Mobility, Software as a Service (SaaS) and Infrastructure services.
Pinnacle is a fully licensed Public Telephone Operator, has its own telephone network and interconnects with BT, Virgin Media and THUS. It has its own hosted voice (VoIP) platforms and engineers and its own ISP operating from its data centres in Glasgow, London and Brighton.
The Group has grown revenues 740% since 2007 and aims to build a £50m business, by leveraging organic opportunities as well as through targeted acquisitions. We create solutions that join together a company's three core networks (IT network, telephony network and mobile network). Our strategy of cross-selling the five elements of our converged managed services offering is now delivering positive results.