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Director/PDMR Shareholding

15 Oct 2012 09:29

RNS Number : 6791O
KBC Advanced Technologies plc
15 October 2012
 



KBC Advanced Technologies plc

 

("KBC" or "the Company")

 

Directors Dealing

 

The Company announces that, on 12 October 2012, 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 45.5 pence per Ordinary Share and 100,000 Ordinary Shares at a price of 44 pence per Ordinary Share on 12 October 2012 on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").

 

Following the transaction referred to above, Kestrel Opportunities holds 4,842,810 Ordinary Shares, representing 8.24% 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 4,842,810 Ordinary Shares, representing 8.24% of the issued share capital of the Company.

 

 

KBC Advanced Technologies plc

Janet Ireland, Company Secretary 01932 242424

 

Cenkos Securities plc

Jon Fitzpatrick 0207 397 8900

Neil McDonald 0131 220 9771

 

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