Intec Telecom Systems PLC
21 December 2006
For Immediate Release 21 December 2006
Intec Telecom Systems
Director / PDMR shareholding
Intec Telecom Systems PLC ("Intec" or the "Company"), a leading supplier of
billing software solutions to the global telecoms industry, announces that
Mr. John Arbuthnott, Chief Financial Officer of Intec, notified the Company
on 20th December 2006 that on that date he exercised options over 683,789
ordinary 1p shares of Intec at an exercise price of 15p per share.
On the same date, Mr Arbuthnott also notified the Company that he immediately
sold 446,000 of these shares, at a price of 42 pence each, to fund the cost of
the options and the tax liabilities arising from the above exercise.
Following the above transactions, Mr. Arbuthnott's total holding of Intec shares
has increased to 686,270 which represents 0.22% of the Company's issued share
capital. With the exception of the changes notified above Mr. Arbuthnott's
interests in options to subscribe for ordinary shares in Intec are unchanged.
Name of contact and telephone number for queries:
Craig T Preston, Company Secretary
+44 1483 745 868
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
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