Holding(s) in Company
08 Mai 2006 - 2:03PM
UK Regulatory
FOR IMMEDIATE RELEASE 8 May 2006
PNC TELECOM PLC
("PNC" or "the Company")
Holding in Sim4Travel Limited ("S4T")
Further to the announcement on 13 February 2006 regarding the Company's holding
of 50,000,000 ordinary shares in S4T (the "Holding"), the Company today
announces that following the admission of S4T to Ofex on 5 May 2005, the
Holding is valued at 7.5 p per share, or �3,750,000.
In the light of recent industry changes, the Board has reviewed its handset
trading and decided to operate, in future, on a much more selective basis.
Shareholders will be updated in more detail at the time of the announcement of
the results for the year to 31 March 2006.
PNC Telecom Plc
Leo Knifton 0207 251 3762
END
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