Placing Update

RNS Number : 5048X

Pinnacle Technology Group PLC

08 February 2013

 



8 February 2013

                                                        Pinnacle Technology Group plc                           

("Pinnacle" or the "Company")

Placing Update

Further to the announcement made on 6 February 2013 regarding the placing of 883,333,333 new ordinary shares in the Company at a price of 0.3p per share, the Company announces that the new ordinary shares will be admitted to trading on AIM on 12 February 2013, and not 11 February 2013 as previously stated.

For further information please contact:

Pinnacle Technology Group plc	0845 180 7474
Alan J Bonner, Chief Executive
Zeus Capital
Corporate Finance: Ross Andrews	0161 831 1512
Institutional Sales: John Goold/Alex Davies	0207 016 8925
Newgate Threadneedle	0207 653 9850
Caroline Evans-Jones/Robyn McConnachie

About Pinnacle

Pinnacle Technology Group plc (AIM: PINN) 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, Cable and Wireless and Virgin Media. 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.

 

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MSCUWOORONAURAR