Business
Stmnt re Share Price Movement
Stmnt re Share Price Movement.
About this update from Cloudcoco Group Plc
[{"type":"text","content":"\n RNS Number : 0349U Pinnacle Telecom Group PLC 17 June 2009 \n \n17 June 2009\nPinnacle Telecom Group plc\n('Pinnacle' or the 'Company')\n\n\nOn 11 June 2009, the Board announced the acquisition of Accent Telecom UK Limited (the 'Acquisition') which it believes to be an important step in transforming the size of the Company over the next 12 months. The Board notes the subsequent significant increase in the Company's share price from 0.13p, immediately prior to the announcement, to 0.325p at the close of business on 16 June 2009 and sees no reason, other than the Acquisition, for this price movement. \n\nThe Board also announces that it is finalising the Company's interim results for the 6 months ended 31 March 2009, which will be announced on 23 June 2009, and are anticipated to be in line with management's expectations.\n\n\n\n\nFor further information please contact:\n\nPinnacle Telecom Group plc\nAlan J Bonner, Chief Executive 0845 119 2100\n\nZeus Capital Limited\nRoss Andrews\nBobby Fletcher 0161 831 1512\n\nPelham PR\nAlex Walters 020 7337 1550 \n \n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END SPMEANKXFDXNEEE \n ","length":3380,"tagName":"div"}]