HDT.L Regulatory News (HDT)

2 Nov 2007 16:00

Holders Technology PLC02 November 2007 Holders Technology Plc (the "Company") Further to the announcement made on 1 November 2007, Holders Technology, thesupplier of special laminates and materials to the electronics industry,announces that it has bought in 245,000 ordinary shares, representingapproximately 5.89 per cent. of the Company's issued share capital. These shareswill be held in treasury and utilised to meet the exercise of share options inthe future. The Company has currently granted options which, on exercise, wouldresult in the issue of a further 245,000 shares. As part of the buy back, Rudi Weinreich, Chairman and Chief Executive, has sold200,000 shares at a price of 158.5p per share. The Directors, (excluding RudiWeinreich) having consulted with Blue Oar Securities, consider that the termsof this transaction are fair and reasonable insofar as the Company'sshareholders are concerned. Following this transaction, Rudi Weinreich has an interest in 1,851,202 shares,representing approximately 44.5 per cent of the ordinary shares in issue(including the 245,000 shares held in treasury) and approximately 47.3 per cent.of the total voting shares in issue (excluding the 245,000 shares held intreasury). Enquiries: Jim Shawyer, Group Finance Director - 020 8731 4336 John Wakefield, director, corporate finance, Blue Oar Securities Plc - 0117 9330020 This information is provided by RNS The company news service from the London Stock Exchange