Directors Shareholding
May 13 2003 - 12:33PM
UK Regulatory
RNS Number:0581L
Public Network PLC
13 May 2003
NOTIFICATION OF INTEREST OF DIRECTORS AND CONNECTED PERSONS
1. Name of company
Public Network plc.
2. Name of Directors
Alan Grace;
David Martin; and
Richard Nowacki.
3. Please state whether notification indicates that it is in respect of
holding of theshareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18
As in 2 above.
4. Name of the registered holder(s) and, if more than one holder,the number
of shares held by each of them
Alan Grace;
David Martin; and
Richard Nowacki.
5. Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
N/A
6. Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
N/A
7. Number of shares/amount of stock acquired
5p Ordinary Shares
Alan Grace 198,529
David Martin 825,000
Richard Nowacki 202,941
8. Percentage of issued class (voting rights in Total Issued Share
Capital of the Company in brackets)
5p Ordinary Shares
Alan Grace 3.10% ( 2.63%)
David Martin 12.90% (10.91%)
Richard Nowacki 3.17% ( 2.68%)
Note: the Total Issued Share Capital in the Company includes 30% 5p
Cumulative Redeemable Preference Shares pursuant to the Circular dated
10 April 2003, that carry equal voting rights per share at general meetings.
9. Number of shares/amount of stock disposed
N/A
10. Percentage of issued class
N/A
11. Class of security
Ordinary Shares of 5p each
12. Price Per Share
5p Ordinary Shares
Alan Grace 17p
David Martin 12p
Richard Nowacki 17p
13. Date of transaction
6 May 2003
14. Date company informed
12 May 2003
15. Total holding following this notification
5p Ordinary Shares
Alan Grace 320,029
David Martin 967,500
Richard Nowacki 322,941
16. Total percentage holding of issued class following this notification
(voting rights in Total Issued Share Capital of the Company in brackets)
5p Ordinary Shares
Alan Grace 5.00% ( 4.23%)
David Martin 15.13% (12.79%)
Richard Nowacki 5.05% ( 4.27%)
Note: the Total Issued Share Capital in the Company includes 30% 5p Cumulative
Redeemable Preference Shares pursuant to the Circular dated 10 April 2003, that
carry equal voting rights per share at general meetings.
If a director has been granted options by the company please complete the
following boxes
17. Date of grant
N/A
18. Period during which or date on which exercisable
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved: class, number
N/A
21. Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
N/A
22. Total number of shares or debentures over which options heldfollowing
this notification
N/A
23. Any additional information
On 6 May 2003, Public Network plc announced that resolutions put to s
hareholders in the Circular, dated 10 April 2003, were duly passed at the
Extraordinary General Meeting. Public Network plc has been notified of
disclosable interests as result of the debt conversion realting to the above
shares following the passing of the resolutions.
24. Name of contact and telephone number for queries
David Martin 020 8547 0220
25. Name and signature of authorised company official responsiblefor making
this notification
David Martin, Managing Director
Date of notification: 13th May 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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