3rd Apr 2007 10:30
Coms PLC03 April 2007 COMS PLC ("Coms" or "the Company") Director shareholding This announcement amends the Director shareholding announcement released on 16 March 2007 at 16.16. The need for amendment arose as the original announcement contained a numerical discrepancy in the total number of its issuedordinary shares each carrying voting rights. The Company has been notified pursuant to transitional provision 7 of theDisclosure and Transparency Rules that the following directors are interested in 3% or more of the voting rights of the Company:- Name Percentage of voting rights held Jason Drummond 54.4% Jonathan Cole 9.6% Justin Drummond 3.4% The above percentages are based on 908,044,867, being the total number of itsissued ordinary shares each carrying voting rights. Date: 3 April 2007 Contact: Coms plc Richard Bennett, Corporate Development Officer Tel: +44 (0)20 7148 3600 Notes to Editors: About Coms plc Coms was founded by Jason Drummond in 2000 with the vision of using the Internetto carry and deliver voice telephone calls. Unlike Skype, Coms is based upon theindustry standard SIP protocol which enables the widest possible connection ofcustomers, devices and integrated Web 2.0 applications. Coms subscribers canmake high quality calls over the internet wherever a high-speed internetconnection is available including in wireless hotspots. Coms subscribers canalso select their own free telephone number. Ofcom has allocated Coms 2 millionnumbers in the top 178 UK geographic area codes by population which Comssubscribers can choose from. In addition, Coms can transfer a company's existingtelephone number to their service. Subscription is available in a range ofpackages from the Company's website www.coms.com. As well as the obvious cost saving implications for businesses and consumers,the expanding market will enable Coms to develop and offer innovative newconvergent services such as video calling, IP Centrex, location independence andonline presence. It is these new innovative features, alongside the cost savingbenefits that are likely to encourage customers away from traditional PSTNsystems and combine their broadband service and voice calling system. Coms launched its consumer service in October 2006, and recently acquiredExchangeXT, a leading provider of business VoIP services, to enable Coms toenter the SME market. Coms is an Ofcom authorised Public Electronic Communications Network (PECN) anda member of the Internet Telephony Service Providers Association (ITSPA). Coms plc joined the AIM market of the London Stock Exchange on 6 September 2006(AIM:COMS). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SMRT.L