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Last checked at 
8 Apr 2011 15:39
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Quadnetics Group plc (the "Company")
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8 April 2011
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Director Shareholding
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The Company was notified on 7 April 2011 that the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP"), purchased, in accordance with the ESAP's rules and on behalf of all ESAP participants, 7,761 ordinary shares of 20p pence each in the Company ("Ordinary Shares"), at a price of 185.5p each. Under the terms of the ESAP, participating members, including employees and Directors of the Company, contribute a fixed amount to the plan on a monthly basis. The Trustee acquires a number of shares in the Company at the end of the contribution period ("the Period") (normally 6 months) based upon the contributions made in the preceding period and determined by the lowest share price at either the beginning of the Period or on the purchase day which must be within 30 days of the Period end. The share price used for ESAP purposes was the price on 1st October 2010 (the beginning of the Period) which was 177.5p.
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Following the purchases, the following Directors of the Company have the following interests in the Company's issued share capital:
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Name and Position Β | Ordinary Shares acquired Β | Resultant interest in Ordinary Shares Β | Approx % of the total issued share capital Β |
John Shepherd Β | 422 | 426,148 | 2.42% |
Nigel Poultney | 422 | 223,760 | 1.27% |
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Β For further information, please contact:
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Quadnetics Group plc Tel: +44 01527 850080
Simon Crooks
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Arbuthnot Securities Limited Tel: +44 020 7012 2100
Tom Griffiths
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ENDS
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