30 Jan 2013 12:07
AVESCO GROUP plc ("Avesco" or the "Company")
Directors' Dealings
Avesco (AIM: AVS) was notified on 30 January 2013 that its Chairman, Richard Murray, acquired 200,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at 150p per Ordinary Share on 29 January 2013.
The Company was also notified on 30 January 2013 that certain directors, set out below, sold 95,180 Ordinary Shares in aggregate on 29 January 2013 to cover their tax liabilities arising from the recent vesting of awards under the Company's Long Term Incentive Plan as announced on 10 January 2013. These Ordinary Shares were held on behalf of the directors concerned by the Avesco Employee Benefit Trust (the "Trust").
Following these transactions the interests of the directors concerned (including, where applicable, their interests in shares held on their behalf by the Trust) are as set out below:
Director | Ordinary Shares traded | Bought/ sold | Price per share | Total holding following trade | % of the Company's voting rights following trade |
John Christmas | 36,091 | Sold | 149p | 57,370 | 0. 2% |
Graham Andrews | 29,013 | Sold | 149p | 167,851 | 0. 7% |
David Crump | 30,076 | Sold | 149p | 128,684 | 0. 5% |
Richard Murray
| 200,000 | Bought | 150p | 5,493,206 | 21.2% |
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