Further re Suspension
23 Junho 2003 - 3:00PM
UK Regulatory
RNS Number:6733M
PNC Telecom PLC
23 June 2003
PNC Telecom plc
("PNC Telecom" or "the Company")
Further re Suspension
Further to the announcement made earlier today, the Board of PNC Telecom
confirms that its application to the High Court for an administration order over
PNC Telecom was successful and that Christopher Laughton and Jonathan Birch of
Numerica have been appointed joint administrators of PNC Telecom.
In the Board's opinion, the making of the order is in the best interests of all
stakeholders within the business.
The Company has requested that the suspension of trading in the Company's
ordinary shares on AIM should continue until completion of the administration.
It is hoped that the Company will emerge successfully from the administration,
at which point it is expected that trading would recommence on AIM.
Enquiries:
Seymour Pierce Limited 020 7107 8000
Jonathan Wright
This information is provided by RNS
The company news service from the London Stock Exchange
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