23rd Jun 2005 13:38
FOR IMMEDIATE RELEASE 23 June 2005 PNC TELECOM PLC ("PNC" or the "Company") At a Board Meeting of 20 June 2005, the Board accepted a request fromCotmanfields Limited for the conversion of a ‚£5000 Loan Note and has agreed toallot 5,000,000 Ordinary shares at 0.1p per share (the "Shares") in accordancewith the terms of the Loan Note Instrument, a holding which represents 7.92% ofthe enlarged issued share capital of the Company.On 20 June 2005, the Company was informed that Cotmanfields Limited havedisposed of 5,000,000 Shares and no longer have a disclosable interest in theCompany.Application is being made for a total of 5,000,000 new Ordinary shares of 0.1pto be admitted to trading on AIM.For further information:PNC Telecom Plc Leo Knifton Tel: +44 (0) 207 251 3762 ENDPNC TELECOM PLCRelated Shares:
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