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Director/PDMR Shareholding

30 Sep 2013 18:04

RNS Number : 3345P
KBC Advanced Technologies plc
30 September 2013
 



30 September 2013

KBC Advanced Technologies plc

 

("KBC" or "the Company")

 

Directors Dealing

 

The Company announces that on 30 September July 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 36,000 Ordinary Shares at a price of 84.0 pence per Ordinary Share on 27 September 2013 on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").

 

Further, Kestrel acquired an additional 115,353 Ordinary Shares at a price of 84.0 pence per Ordinary Share on 30 September 2013 on behalf of Kestrel Opportunities.

 

Following the transactions referred to above, Kestrel Opportunities holds 7,303,863 Ordinary Shares, representing 12.4% 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 7,303,863 Ordinary Shares, representing 12.4% of the issued share capital of the Company.

 

 

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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