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Company KBC Advanced Technologies plc
TIDM KBC
Headline

Director/PDMR Shareholding

Released 09:55 28-Jan-2013
Number 4779W09

RNS Number : 4779W
KBC Advanced Technologies plc
28 January 2013
 



KBC Advanced Technologies plc

 

("KBC" or "the Company")

 

Directors Dealing

 

The Company announces that on 25 January 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 120,000 Ordinary Shares at a price of 67.6 pence per Ordinary Share and 75,000 Ordinary Shares at a price of 68.0 pence per Ordinary Share on 25 January 2013 on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").

 

Following the transaction referred to above, Kestrel Opportunities holds 6,012,510 Ordinary Shares, representing 10.22% 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 6,012,510 Ordinary Shares, representing 10.22% of the issued share capital of the Company.

 

28 January 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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Director/PDMR Shareholding - RNS