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8 Oct 2012 12:21
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KBC Advanced Technologies plc
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("KBC" or "the Company")
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Directors Dealing
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The Company announces that,Β onΒ 8 October 2012,Β itΒ received notificationΒ of the following dealings byΒ a director of the CompanyΒ andΒ hisΒ related partiesΒ in the ordinary shares of 2.5p each in the Company (the "Ordinary Shares").
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Kestrel PartnersΒ LLP ("Kestrel")Β acquiredΒ 100,000 Ordinary Shares at a price of 45.2 pence per Ordinary ShareΒ onΒ 5 October 2012Β on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").
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Following theΒ transaction referred to above,Β Kestrel Opportunities holdsΒ 4,567,810Β Ordinary Shares, representingΒ 7.77% of theΒ issued share capital of the Company.
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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 ofΒ 4,567,810Β Ordinary Shares, representingΒ 7.77% of theΒ issuedΒ shareΒ capital of the Company.
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KBC Advanced Technologies plc
Janet Ireland, Company Secretary 01932 242424
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Cenkos Securities plc
Jon Fitzpatrick 0207 397 8900
Neil McDonald 0131 220 9771
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