Coms PLC
03 April 2007
COMS PLC
("Coms" or "the Company")
Director shareholding
This announcement amends the Director shareholding announcement released on
16 March 2007 at 16.16. The need for amendment arose as the original
announcement contained a numerical discrepancy in the total number of its issued
ordinary shares each carrying voting rights.
The Company has been notified pursuant to transitional provision 7 of the
Disclosure and Transparency Rules that the following directors are interested
in 3% or more of the voting rights of the Company:-
Name Percentage of voting rights held
Jason Drummond 54.4%
Jonathan Cole 9.6%
Justin Drummond 3.4%
The above percentages are based on 908,044,867, being the total number of its
issued ordinary shares each carrying voting rights.
Date: 3 April 2007
Contact:
Coms plc
Richard Bennett, Corporate Development Officer
Tel: +44 (0)20 7148 3600
Notes to Editors:
About Coms plc
Coms was founded by Jason Drummond in 2000 with the vision of using the Internet
to carry and deliver voice telephone calls. Unlike Skype, Coms is based upon the
industry standard SIP protocol which enables the widest possible connection of
customers, devices and integrated Web 2.0 applications. Coms subscribers can
make high quality calls over the internet wherever a high-speed internet
connection is available including in wireless hotspots. Coms subscribers can
also select their own free telephone number. Ofcom has allocated Coms 2 million
numbers in the top 178 UK geographic area codes by population which Coms
subscribers can choose from. In addition, Coms can transfer a company's existing
telephone number to their service. Subscription is available in a range of
packages from the Company's website www.coms.com.
As well as the obvious cost saving implications for businesses and consumers,
the expanding market will enable Coms to develop and offer innovative new
convergent services such as video calling, IP Centrex, location independence and
online presence. It is these new innovative features, alongside the cost saving
benefits that are likely to encourage customers away from traditional PSTN
systems and combine their broadband service and voice calling system.
Coms launched its consumer service in October 2006, and recently acquired
ExchangeXT, a leading provider of business VoIP services, to enable Coms to
enter the SME market.
Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and
a member of the Internet Telephony Service Providers Association (ITSPA).
Coms plc joined the AIM market of the London Stock Exchange on 6 September 2006
(AIM:COMS).
This information is provided by RNS
The company news service from the London Stock Exchange
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