4th Apr 2011 12:13
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
Related Shares:
KBC.L