Issue of Equity
July 28 2009 - 2:00AM
UK Regulatory
TIDMPTC
For immediate release 27 July 2009
P N C TELECOM PLC
("PNC Telecom" or "the Company")
Issue of Equity
The Board received and accepted a request from Cairns Investment Holdings
Limited to convert a GBP40,000 convertible loan note and has agreed to issue and
allot 40,000,000 new ordinary shares at 0.1p per share in accordance with the
terms of that note, namely to be convertible at 0.1p per share at any time for
seven years from 29 April 2005 to 28 April 2012.
Application will be made for a total of 40,000,000 new ordinary shares which
will rank pari passu with the existing ordinary shares to be admitted to
trading on AIM.
PNC Telecom Plc
Leo Knifton Tel: + 44 (0) 207 251 3762
Beaumont Cornish Limited
Roland Cornish Tel: +44 (0) 207 628 3396
END
Pnc Telecom (see LSE:TRIC) (LSE:PTC)
Historical Stock Chart
From Apr 2024 to May 2024
Pnc Telecom (see LSE:TRIC) (LSE:PTC)
Historical Stock Chart
From May 2023 to May 2024