Pursuit Dynamics PLC (AIM: PDX), the developer and exploiter of the PDX platform technology, was notified by Stuart Evans on 8 September 2009, a director of the Company, that he hadsubscribed for 50,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 110p per share pursuant to the proposed placing announced earlier today ("Placing").
On completion of the Placing,Mr Evanswill hold 50,000Ordinary Shares in the Company being approximately 0.08% of the Company's enlarged issued ordinary share capital.
Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Bioethanol production, Food & Drink, Brewing, Fire Suppression and Decontamination.
Pursuit Dynamics is headquartered in Huntingdon, UK and has offices in Norwalk, Connecticut, and Fallbrook, California, USA.
Further information is available at the Company's website: www.pursuitdynamics.com
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