Sign In
16 Sep 2009 10:38
KBC ADVANCED TECHNOLOGIES PLC
(the "Company")
DIRECTORS' SHAREHOLDINGS
The company announces that on 15 September 2009 the following transactions in ordinary shares in the Company of 2.5p nominal value ("Shares") took place concerning Mr William George Bright, Chief Executive of the Company, and Mr Nicholas Philip Stone, Operations and Finance Director of the Company:
Mr Bright acquired 105,800 Shares and Mr Stone acquired 87,200 Shares through exercise of share options. No consideration was paid for the Shares.
Mr Stone sold 12,000 Shares at a price of £0.44 per Share.
Awards were granted to Mr Bright of 182,844 Shares and to Mr Stone of 133,484 Shares under the Company's Long Term Incentive Plan 2006. The awards were granted as nil-cost options. The awards are part of the Company's matching shares plan and will be exercisable, subject to performance conditions, between 15 September 2012 and 14 December 2013. No consideration was paid for the grant of the awards.
Following the above transactions, Mr Bright is interested in 379,435 Shares, representing approximately 0.66% of the issued share capital of the Company, and holds options over 838,786 Shares.
Following the above transactions, Mr Stone is interested in 272,546 Shares, representing approximately 0.48% of the issued share capital of the Company, and holds options over 681,797 Shares.
The percentages shown above are based on the Company's issued share capital of 57,128,467 Shares.
Enquiries:
Janet Ireland, Company Secretary Tel: 01932 242424
Date of notification: 16 September 2009
Follow the stocks
