Cloudcoco Regulatory News (CLCO)

1 Oct 2009 08:39

Pinnacle Telecom Group plc

("Pinnacle or "the Company")

Director and Other Share Dealings

The Company announces that it was notified today that Alan J Bonner, Chief Executive Officer, bought 10,000,000 Ordinary shares in the Company following the closing of the market on 30 September 2009 at a price of 0.235 pence per share, being the mid-market closing price of the shares on 30 September 2009. Following this purchase Mr. Bonner is interested in 172,791,257 Ordinary Shares representing approximately 10.15 per cent. of the issued share capital of the Company.

The Company has also been informed today that Paul Goodland and Darron Giddens each bought 10,000,000 Ordinary shares in the Company following the closing of the market on 30 September 2009 at a price of 0.235 pence per share, being the mid-market closing price of the shares on 30 September 2009. Following these purchases each of Mr. Giddens and Mr. Goodland is interested in 178,273,709 Ordinary Shares representing approximately 10.47 per cent. of the issued share capital of the Company.

1 October 2009

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Notes to Editors:

Pinnacle Telecom Group plc is a provider of integrated telecommunications, IT, Mobile and IP solutions serving the SME market. Operating across the UK, the Group provides a wide range of services to its clients, including telecommunications calls and access, broadband, mobile, IT integration and hosted services.