Alternative Networks plc Director/PDMR Shareholding (5590V)

TIDMAN.

RNS Number : 5590V

Alternative Networks plc

29 October 2014

29 October 2014

Alternative Networks plc

("Alternative Networks" or the "Company")

Director / PDMR Shareholding

Alternative Networks was today informed that on 28 October 2014 Edward Spurrier (Chief Executive Officer), sold 3,467,173 ordinary shares of 0.125p each in the Company ("Ordinary Shares") at a price of 415 pence per share to 7 SFI Limited, a company in which Mr Spurrier and his wife are the sole shareholders. On the same day, 7 SFI Limited sold 357,173 Ordinary Shares at a price of 415 pence per share. Consequently, Mr Spurrier has a resultant total beneficial interest in the Company of 3,110,000 Ordinary Shares, representing 6.4% of the total issued share capital of Alternative Networks.

Enquiries:

Alternative Networks

   Edward Spurrier, Chief Executive Officer                                  0870 190 7444 

Gavin Griggs, Chief Financial Officer

   Investec Bank PLC- Nominated Adviser and Joint Broker           020 7597 5970 

Patrick Robb / Carlton Nelson / Andrew Pinder

   finnCap Limited- Joint Broker                                                   020 7220 0565 

Stuart Andrews / Charlotte Stranner

   Pelham Bell Pottinger                                                             07802 442486 

Archie Berens

This information is provided by RNS

The company news service from the London Stock Exchange

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