Last checked at 20 Oct 2011 14:45
20 October 2011
Pinnacle Telecom Group plc ("Pinnacle" or "the Company")
Directors Interests in Shares and Total Voting Rights
Directors Interests
As a result of the issue of 36,332,180 Ordinary Shares of 0.10p each in satisfaction of the conversion of Loan Notes today, Pinnacle received notification that:
·; Chief Executive Officer, Alan J Bonner is now the beneficial owner of 197,727,491 Ordinary Shares of 0.10p each in the ordinary share capital of the Company, representing 9.46% of the issued ordinary share capital.
The shares will be admitted to trading on AIM on 24 October 2011.
Voting Rights
The Company also announces that pursuant to the requirements of the Disclosure and Transparency Rules, the total number of voting rights in respect of each ordinary share in issue and admitted to trading on AIM at the date of this announcement is as follows:
| Total Number of Voting Rights | Total Number of Shares in Issue |
Ordinary Shares of 0.10p each | 2,089,807,730 | 2,089,807,730 |
The above figure of 2,089,807,730 may be used by shareholders 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, the Company, under the FSA's Disclosure and Transparency Rules.
There are no shares held in treasury by the Company.
Enquiries: |
|
Pinnacle Telecom Group plc |
|
Alan J Bonner, Chief Executive | Tel: 0845 180 7474 |
Zeus Capital Limited |
|
Ross Andrews/Paul Horrocks | Tel: 0161 832 1512 |
Rivington Street Corporate Finance Limited |
|
Jon Levinson/Peter Greensmith | Tel: 0207 562 3389 |
All Company announcements can be found at: | www.pinnacletelecomgroup.co.uk |