11th Feb 2015 09:00
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
Alternative Networks plc
Proposed Secondary Placing
Alternative Networks plc ("Alternative Networks" or the "Company") announces that James Murray and Edward Spurrier, both directors of the Company intend today to sell up to 1,344,670 ordinary shares of 0.125p in the Company (the "Placing Shares" and the "Placing"), representing approximately 2.7 per cent. of the issued share capital of the Company at a price of 480p per Placing Share.
The completion of the Placing and the resulting directors shareholdings will be announced as soon as practicable today.
Enquiries:
Alternative Networks Edward Spurrier Gavin Griggs |
Chief Executive Officer Chief Financial Officer | Tel: 0870 190 7444 |
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finnCap Ltd (Joint Broker) Stuart Andrews Victoria Bates |
| Tel: 020 7220 0500 |
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Investec Bank plc (Nominated Adviser and Joint Broker) Patrick Robb/ Carlton Nelson |
| Tel: 0207 597 5970 |
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Pelham Bell Pottinger Archie Berens |
| Tel: 0207 337 1509 |
Related Shares:
AN..L