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Holding(s) in Company

REG-Pinnacle Telecom Grp Holding(s) in Company
Released: 12/06/2009

com:20090612:RnsL8372T
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RNS Number : 8372T  
  
Pinnacle Telecom Group PLC  
  
12 June 2009  
  
12 June 2009  
  
Pinnacle Telecom Group plc (the "Company")  
  
Director's Shareholding and Holdings in Company  
  
As a result of the recent allotments of new ordinary shares by the Company in 
connection with the acquisition of Accent Telecom UK Limited, the enlarged 
issued share capital is 1,702,907,630 ordinary shares, and the Company has been 
advised on 12 June 2009 that the following relevant changes occurred in holdings 
in its issued share capital:  
  
(a) Paul Goodland acquired by allotment an interest in 168,273,709 ordinary 
shares in the Company, representing  
  
         approximately 9.88% of the issued share capital;  
  
(b)    Darron Giddens acquired by allotment an interest in 168,273,709 ordinary 
shares in the Company, representing  
         approximately 9.88% of the issued share capital; and  
  
(c)    Mrs Shelly Dronfield acquired by allotment an interest in 84,136,855 
ordinary shares in the Company, representing  
         approximately 4.94% of the issued share capital.  
  
In addition, without any change in the shareholdings concerned, the following 
relevant changes occurred in percentage interests in the issued share capital of 
the Company:  
  
(d) Alan J Bonner (Chief Executive Officer) reduced from 10.28% to 7.21%;  
  
(e) Surit Patel reduced from 6.31% to 4.43%;  
  
(f) Mrs Namrata Patel reduced from 6.31% to 4.43%;  
  
(g)     Jofi Alexander reduced from 6.31% to 4.43%; and  
  
(h)    Mrs Rachel Alexander reduced from 6.31% to 4.43%.    
  
Notes:  
  
(1)    Of the 75,356,571 ordinary shares in which Mr Patel and Mrs Patel are 
interested, 37,678,857 are registered in the  
         name of Mr Patel and 37,677,714 are registered in the name of Mrs 
Patel.  
  
(2)    Of the 75,356,571 ordinary shares in which Mr Alexander and Mrs Alexander 
are interested, 37,678,857 are  
         registered in the name of Mr Alexander and 37,677,714 are registered in 
the name of Mrs Alexander.  
  
(3)    Of the 168,273,709 ordinary shares in which Mr Giddens is interested, 
49,591,709 are registered in the name of Mr  
         Giddens's pension fund, a self invested personal pension.  
  
Enquiries:  
  
 
  Pinnacle Telecom Group plc                           
  Alan J Bonner, Chief Executive   Tel: 0845 119 2100  
                                                       
  Zeus Capital                                         
  Ross Andrews                     Tel: 0161 831 1512  
  Bobby Fletcher                                       
  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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