Grant of Warrants

Grant of Warrants

Coms PLC

COMS PLC

GRANT OF WARRANTS AND DIRECTORS’ DEALING

The Board of Coms PLC (the “Company”) announces that, on 14 September 2009 it granted warrants to Directors, as set out below over 1,088,813 ordinary shares (representing approximately 3 per cent. of the enlarged issued share capital of the Company immediately following the placing announced earlier today) with an exercise price of 5p per share, under the Company's unapproved share option scheme.

Director

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Role

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Number of warrants granted

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Total number of warrants held

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Number of ordinary shares held

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Percentage of ordinary shares held

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Richard Bennett

Executive Director

725,876

735,876

35,000

0.10

Andrew Branson

Executive Director

362,937

512,937

410,000

1.13

The closing mid-market price of the Company’s shares on 11 September 2009, being the business day prior to the date of grant was 5.5 pence.

The warrants become exercisable 12 months from the date of grant provided that the prevailing share price at the time of exercise is equal to or greater than 10 pence. The warrants expire on 11 September 2014. There are no other performance conditions attached to these warrants and the warrants are not transferable.

The Remuneration Committee believes that the grant of warrants under this plan is appropriate in order to retain and motivate high quality individuals and rewards those who make a significant contribution to the Company and encourages them to build up, over time, a shareholding in the Company.

Following this grant of warrants, warrants over 3,468,813 ordinary shares (representing approximately 9.53 per cent. of the enlarged issued share capital of the Company) will be in existence.

Following the placing announced earlier today, the enlarged issued share capital of the Company will comprise 36,393,822 ordinary shares of 1p each.

For further information please see the Company’s web site, www.coms.com or contact:

Coms plc	Â	Â	Tel: [phone]
Richard Bennett
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Dowgate Capital Advisers Ltd			Tel: [phone]
Aaron Smyth / Jo Turner
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Alexander David Securities Limited			Tel: [phone]
David Scott/ Jon Levinson
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Notes to editors:

Coms was founded by Jason Drummond in 2000 with the vision of using the Internet to carry and deliver voice telephone calls. Voice over IP (VoIP) is changing the way consumers and businesses make and receive their telephone calls. Coms offers a low-cost VoIP service that can be combined with services provided by broadband Internet suppliers to make and receive telephone calls. Coms subscribers can make high quality calls over the Internet wherever a high-speed Internet connection is available, including in wireless hotspot as they are allocated their own location free unique user telephone number. Subscription is available in a range of packages. See www.coms.com for more information.

Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and a member of the Internet Telephony Service Providers Association (ITSPA).

Coms is listed on the London Stock Exchange AIM market (LSE:COMS).