Sign In
22 Sep 2015 17:20
22 September 2015
KBC ADVANCED TECHNOLOGIES PLC
(the "Company")
DIRECTORS' SHAREHOLDINGS
The Company announces that on 22 September 2015 the executive directors shown below exercised share options as set out below over ordinary shares in the Company of 2.5p nominal value ("Ordinary Shares").
Andrew Howell, CEO of the Company, exercised an option under the Company's Long Term Incentive Plan 2006 to acquire 40,000 Ordinary Shares at nil cost. Mr Howell sold 11,679 Ordinary Shares at a price of £1.10 per share in order to settle taxes due upon vesting.
Kevin Smith, Chief Commercial Officer of the Company, exercised an option under the Company's Long Term Incentive Plan 2006 to acquire 16,000 Ordinary Shares at nil cost. Mr Smith sold 5,841 Ordinary Shares at a price of £1.10 per share in order to settle taxes due upon vesting.
Following the above transactions, Mr Howell is interested in 83,164 Ordinary Shares, representing approximately 0.10% of the issued share capital of the Company, and holds options over 286,500 Ordinary Shares.
Following the above transactions, Mr Smith is interested in 57,842 Ordinary Shares, representing approximately 0.07% of the issued share capital of the Company, and holds options over 211,500 Ordinary Shares.
Enquiries:
KBC Advanced Technologies plc
Janet Ireland, Company Secretary Tel: 01932 242424
Cenkos Securities plc
Bobbie Hilliam, NOMAD Tel: 020 7397 8900
Follow the stocks
