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Director/PDMR Shareholding

20 Nov 2008 16:14

RNS Number : 6158I
Avacta Group PLC
20 November 2008
 



Avacta Group plc

Director's Shareholding

Avacta Group plc (the "Company") announces that it has received notification that Alastair Smith, a director of the Company, has today sold 3,061,464 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares"), representing 0.37% of the issued share capital of the Company, to his SIPP at a price of 2.5 pence per share. Following this transaction, Alastair Smith remains beneficially interested in 49,617,468 Ordinary Shares, representing 6.02% of the issued share capital of the Company.

The Company also announces that it has received notification that Kurt Baldwin, a director of the Company, has today sold 1,589,658 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares"), representing 0.19% of the issued share capital of the Company, to his SIPP at a price of 2.5 pence per share. Following this transaction, Kurt Baldwin remains beneficially interested in 48,824,258 Ordinary Shares, representing 5.93% of the issued share capital of the Company.

For further information, please contact:

Avacta Group plc 

Alastair Smith, Chief Executive Officer

Tim Sykes, Chief Financial Officer

www.avacta.com

Tel: 0870 835 4367

Daniel Stewart & Company plc 

Lindsay Mair/Charlotte Stranner

www.danielstewart.co.uk

Tel: 020 7776 6550

Novum Securities Limited

Henry Turcan/Michael Brennan

Tel: 020 7562 4700

Haggie Financial LLP 

Nicholas Nelson/Kathy Boate

Tel: 020 7417 8989

Nicholas.nelson@haggie.co.uk

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