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Director/PDMR Shareholding

4th Apr 2011 12:13

RNS Number : 2415E
KBC Advanced Technologies plc
04 April 2011
 



KBC ADVANCED TECHNOLOGIES PLC

(the "Company")

 

DIRECTORS' SHAREHOLDINGS

 

 

The company announces that on 1 April 2011 the following transactions took place relating to executive directors.

 

Mr William George Bright, Chief Executive of the Company, acquired 112,457 ordinary shares in the Company of 2.5p nominal value ("Shares") through exercise of share options. No consideration was paid for the Shares. Mr Bright sold 41,137 of the Shares at a price of £0.675 per Share in order to fund the tax payable on the options.

 

Following the above transactions, Mr Bright is interested in 546,185 Shares, representing approximately 0.99% of the issued share capital of the Company, and holds options over 826,199 Shares.

 

Mr Nicholas Philip Stone, Operations and Finance Director of the Company, acquired 97,972 Shares through exercise of share options. No consideration was paid for the Shares. Mr Stone sold 50,143 Shares at a price of £0.675 per Share in order to fund the tax payable on the options.

 

Following the above transactions, Mr Stone is interested in 405,609 Shares, representing approximately 0.73% of the issued share capital of the Company, and holds options over 643,354 Shares.

 

The percentages shown above are based on the Company's issued share capital of 55,447,049 Shares.

 

 

Enquiries:

 

KBC Advanced Technologies plc

Janet Ireland, Company Secretary

01932 242424

Cenkos Securities plc

Jon Fitzpatrick

020 7397 8900

Beth McKiernan

0131 220 6939

 

Date of notification: 4 April 2011

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