.

big shareholder also voting with his feet....

Envesta Telecom PLC
18 July 2005


18 July 2005

Holdings in Company


Envesta Telecom plc ('Envesta Telecom' or the 'Company') the AIM quoted premium
international telephony provider was notified on 18th July 2005 that Mr James
Heyworth-Dunne disposed of 1,000,000 ordinary shares in Envesta Telecom Plc and
as a result takes his holding from 8,000,000 shares, or 3.24 per cent. of the
Company to 7,000,000 or 2.83 per cent. of the Company's issued share capital.


Ends.


For further information please contact:

Simon Hudson/Clemmie Carr
Tavistock Communications
Tel: 020 7920 3150

ccarr@tavistock.co.uk

Tracy Ronan, Communications and PR Manager
Envesta Telecom PLC
Tel: 01635 817434
Mobile 07818 446911

gordon,in addition to your sentiment did you see the news yesterday?,director sold 1mill,but still holds 7mill

capetown i posted this in my 2nd statement suppose you could see it either way
but with the general decline of the SP things are not so rosey i think

I'm not talking the price down as I paid more than 6p.............

goron same here,i paid 6.10,but luckilly bought some at 3.10 so average price at where we are now,so lets wait and see

for info he was not a director, he was a fund manager. he left 7 million of his own shares in the company and only sold 1 million. nothing to worry about

thx 0222166,fell better now!

capetown - he's not a director, he's a fund manager and nothing to do with EVS except he still holds 7 million shares. If you held so many and expected bad news, would you keep hold of them? Directors of a company are not allowed to trade their own company's shares within quite a margin in time of an RNS release.

taquila,thanks for the info,holding thumbs with all other believers,good luck to all of us

Still looking pretty good to us.

Is Heyworth-Dunn a director? - I dont think so. He would not be allowed to sell so cloee to a trading statement.

He may have sold to raise funds for a new car. He may have sold 1 million to take his holding under the magic 3%, so he can sell the rest without having to give any other notification of other sales.

Kevin Jauncey is well respected in the City and has turned EVS fortunes around.
This turnaround I believe is still continuing despite the weakness in share price.

More to the point the trading statement is now likely to be next week - trust me.

Redhill - leave a post for powwow over on advfn if you want to join sharetalk.co.uk

where the trading stmtn then supposdly third week ? if not tommorrow can we assume its delayed im a tad concerned as this should be well above 5p if not 6p

gordon - apparently, on the company website they have stated 3rd/4th week for ts, and definitely July. I'm below my average sp now, so I am hoping for an optimistic ts, but will be buying again in August.

Calling all believers in EVS,
Its gone very quiet on this thread,am i missing something have we moved to anoither thread/
Please let me know,thks

capetown
Most of the long termers are back posting on ADVFN.

Ok,now we find that Advansuk has sold all his holding.I realise it is to pay for a house he is having built in Spain but one now has to ask if indeed the ts is going to be poor.Over on the other site i stated that many newbies had bought into EVS on the optimism that advan brought to the bbs but i got slapped down as been unfair.We have now seen two people who must have priveliged information bail out of 1 million shares each so where to now.I really do hope Envesta read these bbs because if they hit us now with a crap ts it will prove that insider dealing has been going on,so give us the best news we could hope for, a really good trading update.I will of course be sorry for Advans loss should the sp fly higher but on the other hand i will be sceptical of EVS if indeed we see the sp slump on ts day.

i must admit I was a little suprised to see advan go, but i cant realy see the TS being bad. Things have been a little slow with the generation of the dealer site, but much of this is due to the amount of dealers that have taken it up i believe.

Whatever, the price at the moment is cheap a p/e of about 8 for the coming year

market cap of about 10.6 million

turnover of somewhere about 20 million

profit at about 1.1 to 1.3 million this year

We know that Jan, Feb and March were producing profit of around 140,000 per month and in May Kevin Jauncey bought shares. He is a very good business man, who I dont think would waste his money if the turnaround had stopped.

I think we will see good comments regarding CCR, an an announcement regarding the dealer site being up and running, and profits being maintained.

Remember Seymour stated that EVS shares were bargain bucket at this price, and they expect to upgraded their future estimates after trading update.

One thing that would make the price rocket is if EVS stated that CCR would increase company profits before the 18 months they originaly stated.

Anyway thats my thoughts, and not to long to wait

Seymour Pierce are also house brokers to IDN. They re-rated IDN to outperform. What happened next? They had disappointing results and this is their chart.

Sirus and 0222166 -
Sorry I been away today, and do some work at home.
Posts certainly make one think.
I am really surprised at advansuk selling out though.
And there were sells today of 500k an 550k.
My conviction is still there - in fact I topped up about a month ago.
I am holding quite a few now, as the fundamentals and prospects still look good.
One other thing is I cant believe that Kevin Jauncey with his excellent reputation in the City, and for succeeding in the past would not perform now.
However, any black clouds and I am in for a real kicking with this one at present.
The sale of Heyworth-Dunn may have just been profit taking or just to raise funds.
One thing we all agree on - even the derampers - the TS next week will be absolutely all important now.
Is there a leak of information at EVS, that things are not quite as good as one now expects them to be? This must be a question with all the thin poor trading days we are seeing and the bid now at 4.15p. Our questions will be answered next week.
Surely advansuk does not really know anything of the trading of the last 3 months to make him sell out. The stock has been 65% higher in early April to what it is now. Will it return to that price soon. Where is Quinan he was predicting 9p at the end of next March. Are we being hung out to dry! It happened to me with Clubhaus, where the shareholders were calling for a Stock Exchange enquiry.
Lets hope our convictions and faith in EVS and Kevin Jauncey will be rewarded.
I was unable to get on the advfn.com BB tonight.

Had a problem with Advfn.com tonight-
I get the headers titles, but I dont get the blocks of blue background,
and cant access the BB. Strange.

Same this morning - can access quotes or premium BB, but not free BB.
Last time I e-mailed advfn.com they said they could offer me a premium subscription but that is not what I want to pay to use the free BB.