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
Mark Andrew Jenkins
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)
Mark Andrew Jenkins
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
Grant of Options
7. Number of shares/amount of stock acquired
N/A
8. Percentage of issued Class
N/A
9. Number of shares/amount of stock disposed
N/A
10. Percentage of issued class
N/A
11. Class of security
N/A
12. Price per share
N/A
13. Date of transaction
N/A
14. Date Company informed
N/A
15. Total holding following this notification
N/A
16. Total percentage holding of issued class following this notification
N/A
If a director has been granted options by the company please
complete the following
17. Date of grant
19 December 2002
18. Period during which or date on which exercisable
Options vest after 3 years, and are exercisable from March 2005
for a period of 6 months
19. Total amount paid (if any) for grant of the option
Nil
20. Description of shares or debentures involved: class, number
18,000 Ordinary 2.5p shares
21. Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
GBP 0.40p
22. Total number of shares or debentures over which options held
following this notification
220,000
23. Any additional information
N/A
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.