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Director/PDMR Shareholding

28 Mar 2013 09:56

RNS Number : 1250B
KBC Advanced Technologies plc
28 March 2013
 



KBC Advanced Technologies plc

 

("KBC" or "the Company")

 

Directors Dealing

 

The Company announces that on 28 March 2013 it received notification of the following dealings by a director of the Company and his related parties in the ordinary shares of 2.5p each in the Company (the "Ordinary Shares").

 

Kestrel Partners LLP ("Kestrel") acquired 175,000 Ordinary Shares at a price of 63.25 pence per Ordinary Share on 27 March 2013 on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").

 

Following the transaction referred to above, Kestrel Opportunities holds 6,187,510 Ordinary Shares, representing 10.5% of the issued share capital of the Company.

 

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 of 6,187,510 Ordinary Shares, representing 10.5% of the issued share capital of the Company.

 

28 March 2013

 

KBC Advanced Technologies plc

Janet Ireland, Company Secretary, Tel 01932 242424

 

Cenkos Securities plc

Bobbie Hilliam, Tel 020 7397 8900

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