AGM Result and Voting Rights

RNS Number : 3749A

Pinnacle Telecom Group PLC

29 March 2012

 



Pinnacle Telecom Group plc

("Pinnacle" or the "Company")

Result of AGM and Voting Rights

29 March 2012

At the General Meeting of the Company held today, all resolutions were duly passed.

Voting Rights, Directors Shareholdings and Holdings in the Company

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of shares in Pinnacle Telecom Group plc in issue as at the date of this notice is as follows:

Class	Nominal Value per share	Number in issue	Voting rights attached
Ordinary	0.1p	2,211,474,397	2,211,474,397

The Company does not hold any shares in treasury.

Shareholders may use the above figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Pinnacle Telecom Group plc under the Disclosure and Transparency Rules.

As a result of the recent allotments of new ordinary shares by the Company in connection with a placing on 15th March 2012 to raise £360,000, the following relevant changes occurred in holdings in its issued share capital:

Name	Previous	Previous	New	New
Alan Bonner (Chief Executive Officer)	201,389,150	9.64%	221,389,150	10.01%
Darron Giddens	190,273,709	9.10%	190,273,709	8.60%
Paul Goodland	178,273,709	8.53%	178,273,709	8.06%
Huntingtower Capital	186,046,491	8.90%	186,046,491	8.41%
Shelly Dronfield	84,136,855	4.03%	84,136,855	3.80%
S Patel	74,556,571	3.57%	74,556,571	3.37%
Dr Tom Black	57,142,857	2.73%	71,542,857	3.24%

For further information please contact:
Pinnacle Telecom Group plc
Alan J Bonner, Chief Executive	0845 119 2100
Zeus Capital Limited
Ross Andrews	0161 831 1512
Rivington Street Corporate Finance Limited
Jon Levinson & Peter Greensmith	0207 562 3389

All Company announcements & news can be found at: http://www.pinnacletelecomgroup.co.uk

About Pinnacle

Pinnacle Telecom Group plc (AIM: PINN) Pinnacle Telecom Group plc focuses on the business market across the UK. Driven by leveraging organic opportunities as well as through targeted acquisitions, we provide a wide range of converged managed solutions including Managed Support Services, Unified Communications and Collaboration, Communications and Mobility, Software as a Service (SaaS) and Infrastructure services.

Pinnacle is a fully licensed Public Telephone Operator, has its own telephone network and interconnects with BT, Virgin Media and THUS. It has its own hosted voice (VoIP) platforms and engineers and its own ISP operating from its data centres in Glasgow, London and Brighton.

The Group has grown revenues 740% since 2007 and aims to build a £50m business, by leveraging organic opportunities as well as through targeted acquisitions. We create solutions that join together a company's three core networks (IT network, telephony network and mobile network). Our strategy of cross-selling the five elements of our converged managed services offering is now delivering positive results.

 

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