6th Jul 2005 10:58
FOR IMMEDIATE RELEASE 6 July 2005 PNC TELECOM PLC ("PNC" or the "Company") SHAREHOLDINGS RESULT OF ANNUAL GENERAL MEETING On 4 July 2005, the Company was informed that on 23 June 2005, Mr James Poultonpurchased 1,500,000 Shares, resulting in a total holding of 4,000,000 or 6.3%of the Company's issued share capital.At a Board Meeting of 4 July 2005, the Board accepted a request fromCotmanfields Limited for the conversion of a ‚£5000 Loan Note and has agreed toallot 5,000,000 Ordinary shares at 0.1p per share (the "Shares") in accordancewith the terms of the Loan Note Instrument, a holding which represents 7.3% ofthe enlarged issued share capital of the Company.Application is being made for a total of 5,000,000 new Ordinary shares of 0.1pto be admitted to trading on AIM.At the Company's Annual General Meeting held on 4 July 2005, all resolutionswere passed.For further information:PNC Telecom Plc Leo Knifton Tel: +44 (0) 207 251 3762 ENDPNC TELECOM PLCRelated Shares:
Tricor