20th Jan 2011 07:00
20 January 2011
Alternative Networks plc (the "Company")
Director Dealings
The Company announces that it was notified on 19 January 2011 that, on the same day, certain Directors and connected parties disposed of ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") at a price of 190 pence per Ordinary Share. The details of these disposals are set out below:
Director
Name of Director | Position | Ordinary Shares sold | % of Issued Share Capital | Resultant Holding | Resultant Holding % of Issued Share Capital |
James Murray | Chief Executive Officer | 250,000 | 0.52% | 13,858,105 | 29.04% |
Benjamin Marnham | Chief Operating Officer | 225,000 | 0.47% | 633,380 | 1.33% |
Jim Sewell | Group Sales and Marketing Director | 60,000 | 0.13% | 1,268,380 | 2.66% |
Connected party
Name of Family Member | Relation | Ordinary Shares sold | % of Issued Share Capital | Resultant Holding | Resultant Holding % of Issued Share Capital |
Lucinda Spurrier | Wife of Edward Spurrier, Finance Director | 300,000 | 0.63% | 2,374,430 | 4.98% |
Tania Sewell | Wife of Jim Sewell | 90,000 | 0.19% | 610,000 | 1.28% |
Enquiries:
Alternative Networks plc | 020 7801 7156 |
James Murray, Chief Executive Officer | |
Edward Spurrier, Chief Financial Officer | |
Investec | 020 7597 5970 |
Martin Smith | |
Patrick Robb | |
Pelham Bell Pottinger | 020 7861 3112 / 07802 442 486 |
Archie Berens | |
Francesca Tuckett |
Related Shares:
AN..L