Director Buy
02 March 2011
Pinnacle Telecom Group plc
("Pinnacle" or the "Company")
Director Buy
Pinnacle Telecom Group plc ("Pinnacle" or the "Company" (AIM: PINN)) the AIM listed provider of cloud technology based telecommunications solutions, announces that it was notified today that Alan J Bonner, Chief Executive Officer, acquired 2,000,000 ordinary shares of 0.1p each ("Ordinary Shares") in the Company on March 1st 2011.
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Average price: |
0.42 pence per share |
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Highest price: |
0.45 pence per share |
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Lowest price: |
0.41 pence per share |
Following this purchase Mr. Bonner has a total beneficial interest in 189,076,972 Ordinary Shares, representing approximately 10.12 per cent of the current issued share capital of the Company.
All Company announcements & news can be found on http://www.pinnacletelecomgroup.co.uk
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For further information please contact: |
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Pinnacle Telecom Group plc |
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Alan J Bonner, Chief Executive |
0845 180 74 74 |
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Zeus Capital Limited |
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Ross Andrews |
0161 831 15 12 |
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Rivington Street Corporate Finance Limited |
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Jon Levinson & Peter Greensmith |
0207 562 33 89 |
Notes to editors
About Pinnacle
Pinnacle Telecom Group plc (AIM: PINN) is a value added, solutions based provider of integrated telecommunications services including IP solutions. It focuses on the SME market across the UK, where it provides a wide range of communications solutions including telecommunications calls, access and consultancy, IT support, mobile solutions - both voice and data and hosted broadband voice 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 owns Scotland's oldest ISP (and a founder member of Nominet), operating from its data centres in Glasgow, London and Brighton.
Pinnacle's strategy is to be a SME focused, value added, solutions based provider of converged communications services, driven by leveraging organic opportunities as well as through targeted acquisitions.
This information is provided by RNS