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Share Name | Share Symbol | Market | Type |
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Tigertel Communications (Tier2) | TSXV:TTL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
RNS Number:4235R Telecommunications Group PLC 29 October 2003 The Telecommunications Group plc Completion of the Acquisition of Cellular Holdings Limited and Admission to AIM The Telecommunications Group plc (formerly called Roxspur PLC) (the "Company") announces completion of the acquisition of Cellular Holdings Limited ("Cellular Holdings") and the admission today of the entire issued share capital of the Company to trading on AIM (consisting of 378,262,622 new ordinary shares of 1p each) ("Admission"). The share reorganisation reducing the nominal value of each ordinary share from 10p to 1p was effected upon Admission. Board Changes Effective today, Michael Hanna is appointed Chief Executive Officer, Graham Pollard is appointed Sales and Commercial Director and Ross Sampson is appointed Marketing Director. Peter Ryan will continue as Chairman and Martin Eberhardt, who is currently a non-executive Director, will be appointed as Group Finance Director. Grant of Options In accordance with the resolutions passed at the Extraordinary General Meeting held on 23 October 2003, options to subscribe for new ordinary shares have today been granted to Peter Ryan, Martin Eberhardt and Graham Pollard as follows: Number of new ordinary shares in respect of which options have been granted Exercise Price Peter Ryan 1,276,636 3.125p Martin Eberhardt 1,276,636 3.125p Graham Pollard 3,782,626 3.125p Michael Hanna, the Chief Executive Officer of The Telecommunications Group plc, commented: "This is a significant phase in the development of The Telecommunications Group as an established supplier of integrated fixed line and mobile telecommunications services in the UK, Belgium and the Netherlands. Your Board believes that the listing will give the group the required status and profile to grow rapidly." For further information, please contact: Peter Ryan +44 (0) 7768 530 468 The Telecommunications Group plc Michael Hanna + 31 (0) 205711 711 The Telecommunications Group plc Martin Eberhardt + 44 (0) 7775 505 342 The Telecommunications Group plc Ross Sampson +31 (0) 64826 6368 The Telecommunications Group plc Jonathan Hinton/Byron Griffin +44 (0) 20 7936 3000 Deloitte & Touche Corporate Finance Bobby Morse/Jeremy Garcia +44 (0) 20 7466 5000 Buchanan Communications This information is provided by RNS The company news service from the London Stock Exchange END AIMUKAKROWRRURA
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