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Director Buy

2nd Mar 2011 07:00

RNS Number : 1445C
Pinnacle Telecom Group PLC
02 March 2011
 



02 March 2011

 

 

Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

 

Director Buy

 

Pinnacle Telecom Group plc ("Pinnacle" or the "Company" (AIM: PINN)) the AIM listed provider of cloud technology based telecommunications solutions, announces that it was notified today that Alan J Bonner, Chief Executive Officer, acquired 2,000,000 ordinary shares of 0.1p each ("Ordinary Shares") in the Company on March 1st 2011.

 

Average price:

0.42 pence per share

Highest price:

0.45 pence per share

Lowest price:

0.41 pence per share

 

Following this purchase Mr. Bonner has a total beneficial interest in 189,076,972 Ordinary Shares, representing approximately 10.12 per cent of the current issued share capital of the Company.

 

All Company announcements & news can be found on http://www.pinnacletelecomgroup.co.uk

 

For further information please contact:

Pinnacle Telecom Group plc

Alan J Bonner, Chief Executive 

0845 180 74 74

Zeus Capital Limited 

Ross Andrews

0161 831 15 12

Rivington Street Corporate Finance Limited 

Jon Levinson & Peter Greensmith

0207 562 33 89

 

Notes to editors

 

About Pinnacle

 

Pinnacle Telecom Group plc (AIM: PINN) is a value added, solutions based provider of integrated telecommunications services including IP solutions. It focuses on the SME market across the UK, where it provides a wide range of communications solutions including telecommunications calls, access and consultancy, IT support, mobile solutions - both voice and data and hosted broadband voice services.

 

Pinnacle is a fully licensed Public Telephone Operator, has its own telephone network and interconnects with BT, Virgin Media and THUS. It has its own hosted voice (VoIP) platforms and engineers and owns Scotland's oldest ISP (and a founder member of Nominet), operating from its data centres in Glasgow, London and Brighton.

 

Pinnacle's strategy is to be a SME focused, value added, solutions based provider of converged communications services, driven by leveraging organic opportunities as well as through targeted acquisitions.  

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