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28 Mar 2013 09:56
KBC Advanced Technologies plc
("KBC" or "the Company")
Directors Dealing
The Company announces that on 28 March 2013 it received notification of the following dealings by a director of the Company and his related parties in the ordinary shares of 2.5p each in the Company (the "Ordinary Shares").
Kestrel Partners LLP ("Kestrel") acquired 175,000 Ordinary Shares at a price of 63.25 pence per Ordinary Share on 27 March 2013 on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").
Following the transaction referred to above, Kestrel Opportunities holds 6,187,510 Ordinary Shares, representing 10.5% of the issued share capital of the Company.
Oliver Scott, Non-Executive Director of KBC, is a founding partner of and holds a beneficial interest in Kestrel, the investment manager of Kestrel Opportunities, and is a shareholder in Kestrel Opportunities. Mr Scott therefore has a legal interest in a total of 6,187,510 Ordinary Shares, representing 10.5% of the issued share capital of the Company.
28 March 2013
KBC Advanced Technologies plc
Janet Ireland, Company Secretary, Tel 01932 242424
Cenkos Securities plc
Bobbie Hilliam, Tel 020 7397 8900
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