2 Jul 2010 11:24

 2 July 2010
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Hydrodec Group plc
(the "Company")
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Director's dealing in securities
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The Company has received notification that John Gunn, non-executive Deputy Chairman of the Company, is taken to be interested, for the purposes of the AIM Rules, in the purchase today of ÂŁ100,000 nominal value of the Company's fixed rate unsecured convertible loan notes 2012 ("Loan Notes").
Following the purchase, Mr Gunn is taken to be interested in ÂŁ210,000 Loan Notes. The Loan Notes are convertible into ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a conversion price of 16.66p per Ordinary Share.
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Mr Gunn also has a beneficial interest in 4,837,500 Ordinary Shares, representing 1.6% of the Ordinary Shares with voting rights in the Company, and 3 million share options.
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For further information please contact:
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Hydrodec Group plc |
020 7786 9810 |
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Neil Gaskell, Chairman Mark McNamara, Chief Executive Mike Preen, Company Secretary |
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Numis Securities Limited |
020 7260 1000 |
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Nominated Adviser: Simon Blank Corporate Broker: David Poutney, Alex Ham |
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Corfin Public Relations |
020 7596 2860 |
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Neil Thapar, Harry Chathli, Alexis Gore |
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