LONDON, December 20, 2002 (PRIMEZONE) -- COLT Telecom Group PLC (Nasdaq:COLT) (LSE:CTM) Notification of interests in shares under Section 198 of the Companies act 1985.
1. Name of Company
COLT Telecom Group plc
2. Name of Director
Vincenzo Damiani
3. Please state whether notification indicates that it is in
respect of holding of the director named in 2 above or holding of
that persons spouse or children under the age of 18 or in respect
of a non-beneficial interest
Notification is in respect of director
4. Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)
Vincenzo Damiani
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
Purchase of Shares
7. Number of shares/amount of stock acquired
29,834
8. Percentage of issued Class
Less than 1%
9. Number of shares/amount of stock disposed
N/A
10. Percentage of issued class
N/A
11. Class of security
Ordinary shares of 2.5p each
12. Price per share
GBP0.43 1 / 4 p
13. Date of transaction
20 December 2002
14. Date Company informed
20 December 2002
15. Total holding following this notification
29,834
16. Total percentage holding of issued class following this notification
Less than 1%
If a director has been granted options by the company please
complete the following:
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 held
following this notification
N/A
23. Any additional information
Mr. Damiani also holds options over 40,000 share options
24. Name of contact and telephone number for queries
John Doherty: 0207 390 3681
Mark A. Jenkins,Company Secretary
Date of Notification: 20 December 2002
This information is provided by RNS. The company news service from the London Stock Exchange.