Last checked at 2 Feb 2011 07:00
Pinnacle Telecom Group plc (the 'Company')
Holdings in Company
The Company was advised on 1 February 2011, that Surit Patel has sold a total of 800,000 shares in the Company, reducing his holding to 74,556,571 ordinary shares, representing 3.99% of the issued share capital.
The Company was also advised on 1 February 2011, that Jofi Alexander has sold a total of 13,000,000 shares in the Company, reducing his holding to 62,356,571 ordinary shares, representing 3.34% of the issued share capital.
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 at the date of this notice is as follows:
Class Nominal Value per Share Number in Issue Voting Rights Attached
Ordinary 0.1p 1,867,429,059 1,867,429,059
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.
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) is a value added, solutions based provider of integrated telecommunications services including IP solutions. It focuses on the SME market across the UK, where it provides a wide range of communications solutions including telecommunications calls, access and consultancy, IT support, mobile solutions - both voice and data and hosted broadband voice 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 owns Scotland's oldest ISP (and a founder member of Nominet), operating from its data centres in Glasgow, London and Brighton.
Pinnacle's strategy is to be a SME focused, value added, solutions based provider of converged communications services, driven by leveraging organic opportunities as well as through targeted acquisitions.