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Directors' Shareholdings

1 Nov 2012 09:36

RNS Number : 0793Q
K3 Business Technology Group PLC
01 November 2012
 



KBT

 

 

 

K3 BUSINESS TECHNOLOGY GROUP PLC

("K3" or "the Company")

 

Directors' Shareholdings

 

Further to the exercise of options by Directors under the K3 Business Technology Group Executive Share Option Scheme 2000 (the "Scheme") as announced on 24 October 2012, the Company yesterday received notification that on the same day Nigel Andrew Makeham and David John Bolton sold such number of ordinary shares of 25p each ("Ordinary Shares") as needed to recover the exercise costs incurred and tax liabilities arising on the exercise of these share options.

 

As set out below, 65,000 Ordinary Shares in aggregate were sold at a sale price of 152 pence per Ordinary Share:

 

Director

Number of Ordinary Shares held prior to sale

Number of Ordinary Shares sold on 31st October 2012

Number of Ordinary Shares held following sale

Percentage of total issued share capital held

Nigel Andrew Makeham

954,424

42,000

912,424

3.19

David John Bolton

978,476

23,000*

955,476

3.34

 

*this includes the sale of 11,500 Ordinary Shares by Mrs Anna Bolton, wife of David Bolton. On the same day, David Bolton had transferred, for nil consideration, 20,000 Ordinary Shares to Anna Bolton.

 

 

Enquiries:

 

K3 Business Technology

Group plc

Andy Makeham, Chief Executive

David Bolton, Chief Finance Officer

T: 0161 876 4498

 

 

 

finnCap Limited (NOMAD)

Marc Young / Henrik Persson

T: 020 7220 0500

 

 

 

Biddicks

Katie Tzouliadis / Alexandra Shilov

T: 020 3178 6378

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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