Last checked at 1 Nov 2012 09:36
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 |
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finnCap Limited (NOMAD) | Marc Young / Henrik Persson | T: 020 7220 0500 |
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Biddicks | Katie Tzouliadis / Alexandra Shilov | T: 020 3178 6378 |