2nd Jun 2005 16:14
FOR IMMEDIATE RELEASE 2 June 2005 PNC TELECOM PLC ("PNC" or the "Company") At a Board Meeting of 2 June 2005, the Board accepted a request from a NoteHolder for the conversion of a ‚£5000 Loan Note and has agreed to allot5,000,000 Ordinary shares at 0.1p per share in accordance with the terms of theLoan Note Instrument.The resulting holding of 5,000,000 Ordinary shares, which rank pari passu,represent 8.49% of the enlarged issued share capital of the Company.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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