Sarantel Group PLC
03 May 2007
Sarantel Group PLC ('Sarantel' or the 'Company')
Statement re share price movement
The Board of Sarantel notes today's movement in its share price.
The Company can confirm it is currently in advanced discussions with its major
existing investors on a fundraising to meet its ongoing working capital needs.
The Company will make a further announcement in respect of these discussions as
soon as possible.
For further information please contact:
Sarantel Group plc
Geoff Shingles, Chairman Tel: 01933 670 560
David Wither, Chief Executive
College Hill
Carl Franklin / Ben Way Tel: 020 7457 2020
Ambrian Partners
Tim Goodman Tel: 020 7776 6421
This information is provided by RNS
The company news service from the London Stock Exchange