6th Aug 2008 14:01
RNS Number : 7829A
Alternative Networks plc
06 August 2008
6 August 2008
Alternative Networks Plc (“Alternative Networks” or “the Company”)
Share Dealing by Directors and PDMR
Alternative Networks announces that, as a result of the Tender Offer announced on 1 July 2008, the Directors and the PDMR of the Company listed below and their connected parties sold a total of 893,911 ordinary shares of 0.125 pence each at a price of 140p per share.
Director
|
Date
|
Number of shares held before acquisition
|
Number of shares sold
|
Price paid per share
|
Number of shares now held
|
% holding in Company
|
James Murray
|
6 August 2008
|
15,516,560
|
458,455
|
140p
|
15,058,105
|
33.47%
|
Ed Spurrier and family
|
6 August 2008
|
2,948,400
|
50,213
|
140p
|
2,898,277
|
6.44%
|
Ben Marnham
|
6 August 2008
|
1,956,600
|
76,409
|
140p
|
1,889,191
|
4.20%
|
Jim Sewell
|
6 August 2008
|
1,956,600
|
76,409
|
140p
|
1,889,191
|
4.20%
|
PDMR
|
|
|
|
|
|
|
Richard Bampfylde
|
6 August 2008
|
456,453
|
232,515
|
140p
|
223,938
|
0.50%
|
The Tender Offer has had the effect that the Company's capital now consists of 45,994,655 ordinary 0.125p shares. As a result of the Tender Offer Alternative Networks holds 1,000,000 shares in Treasury.
Therefore, the total number of voting rights in Alternative Networks plc is 44,994,655.
The above figure 44,994,655 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, Alternative Networks plc under the FSA's Disclosure and Transparency Rules.
ENQUIRIES:
Alternative Networks plc
|
|
Edward Spurrier
|
0870 190 744
|
Chief Financial Officer
|
|
|
|
Financial Dynamics
|
0207 7831 3113
|
Juliet Clark
|
|
Haya Chelhot
|
|
This information is provided by RNS
The company news service from the London Stock Exchange
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