CAP.L Regulatory News (CAP)

15 Apr 2008 07:01

Clean Air Power Limited15 April 2008 For Immediate Release 15 April 2008 Clean Air Power Limited ("Clean Air Power" or "the Company") Director Dealings Clean Air Power Limited (AIM: CAP), the developer of Dual-FuelTM combustiontechnology that enables heavy-duty diesel engines to run on a combination ofboth diesel and natural gas, was informed today of the following directorsdealings on 11 April 2008, as part of the first tranche of the Private FinancingPackage. Each purchase was made at 17.5 pence per Common Share. Shares Beneficial Interest in shares Percentage of Issued Purchased following this purchase share capital held Rodney 57,143 82,247 0.25%Westhead John 411,429 446,429 1.37%Pettitt Peter 17,143 22,143 0.07%Rowse Clean Air Power further announces that within the next seven days John Pettittwill sell 57,143 of his newly acquired Common Shares to Ulrich Wohr,Non-executive Director, and 11,429 Common Shares each to two senior managers ofthe Company, at 17.5 pence per share. Following these transfers the holdings ofthe directors will be: Shares Beneficial Interest in shares Percentage of Issued Transferred following transfers share capital held John (80,001) 366,428 1.12%Pettitt Ulrich 57,143 57,143 0.18%Wohr For further details please contact Clean Air Power Tel: +44 (0) 1494 527110John Pettitt, Chief ExecutivePeter Rowse, Finance Director Buchanan Communications Tel: +44 (0)20 7466 5000Charles Ryland/Ben Willey/Ben Romney Canaccord Adams Ltd Tel: +44 (0)20 7050 6500Robert Finlay/Bhavesh Patel Notes to Editors About Clean Air Power Clean Air Power is the developer and provider of Dual-FuelTM combustiontechnology for heavy duty diesel engines. Dual-FuelTM engines substantially cutfuel costs and carbon emissions without sacrificing the original engine'scharacteristic efficiency or reliability. Clean Air Power is well positioned toassist corporations and governments to deliver on their environmentalcommitments while at the same time reducing transport operators overheads. Initially founded in the USA in 1991, around £40m has been invested indeveloping the technology with the result that 63 patents are currently held orpending. The holding company of the Group is based in Bermuda with operationalsubsidiaries in the UK, the USA and Australia. The Group was admitted to the AIMmarket of the London Stock Exchange in February 2006. Further information on Clean Air Power is available at www.cleanairpower.com This information is provided by RNS The company news service from the London Stock Exchange