Director/PDMR Shareholding

RNS Number : 5629Q
Pinnacle Telecom Group PLC
20 October 2011
 



20 October 2011

 

Pinnacle Telecom Group plc ("Pinnacle" or "the Company")

Directors Interests in Shares and Total Voting Rights


Directors Interests

As a result of the issue of 36,332,180 Ordinary Shares of 0.10p each in satisfaction of the conversion of Loan Notes today, Pinnacle received notification that:

·    Chief Executive Officer, Alan J Bonner is now the beneficial owner of 197,727,491 Ordinary Shares of 0.10p each in the ordinary share capital of the Company, representing 9.46% of the issued ordinary share capital.

The shares will be admitted to trading on AIM on 24 October 2011.

Voting Rights

The Company also announces that pursuant to the requirements of the Disclosure and Transparency Rules, the total number of voting rights in respect of each ordinary share in issue and admitted to trading on AIM at the date of this announcement is as follows:

  

Total Number of Voting Rights

Total Number of Shares in Issue

Ordinary Shares of 0.10p each

2,089,807,730

2,089,807,730

The above figure of 2,089,807,730 may be used by shareholders 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, the Company, under the FSA's Disclosure and Transparency Rules.

There are no shares held in treasury by the Company.

Enquiries:

 

Pinnacle Telecom Group plc

 

Alan J Bonner, Chief Executive

Tel: 0845 180 7474

 

Zeus Capital Limited

 

Ross Andrews/Paul Horrocks

Tel: 0161 832 1512

 

Rivington Street Corporate Finance Limited

 

Jon Levinson/Peter Greensmith

Tel: 0207 562 3389

 

All Company announcements can be found at:

www.pinnacletelecomgroup.co.uk

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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