2nd May 2013 14:33
ENVIRONMENTAL RECYCLING TECHNOLOGIES PLC
(AIM: ENRT)
Directors' Dealings
Environmental Recycling Technologies Plc ("ERT" or "the Company") (AIM: ENRT) (AIM: ENRT), which has developed and commercialised the patented rights to the Powder Impression Moulding ("PIM") process which converts mixed waste plastics into commercial end products announces that it has received notification that, following completion of the Capital Reorganisation and Open Offer, the beneficial interests of the directors in the Company's issued ordinary shares are now as follows (assuming admission of the 28m new ordinary shares arising on the conversion of £350,000 debt, as referred to in the announcement released on 30 April 2013). -
Name of Director | Position | Number of New Ordinary Shares purchased | Purchase Price (pence) per New Ordinary Share | Total number of New Ordinary Shares held | Total number of *New Ordinary Shares held as a percentage of current issued share capital of the Company |
Ken Brooks |
Chairman
|
3,303,326
|
1.25
|
25,184,926
|
2.90
|
Roger Baynham
Lee Clayton
David Shepley-Cuthbert | Managing Director
Chief Operating Officer
Finance Director | 536,758
144,716
438,568 | 1.25
1.25
1.25 | 5,635,958
1,519,516
4,604, 968 | 0.65
0.17
0.53
|
* assuming admission of the 28m new ordinary shares issued and allotted on 30 April in satisfaction of £350,000 debt
ENQUIRIES:
Environmental Recycling Technologies Plc | www.ertplc.com |
| |
Roger Baynham, Managing Director | Telephone: +44 (0) 845 071 1394 |
| |
Ken Brooks, Executive Chairman |
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WH Ireland Limited |
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John Wakefield | Telephone: +44 (0) 117 945 3470 |
| |
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Kreab Gavin Anderson |
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Robert Speed | Telephone: +44 (0) 20 7074 1800 |
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Notes:
Environmental Recycling Technologies plc (ERT) is a leading developer of innovative technologies specifically focusing on plastic waste recycling. The company holds the worldwide intellectual property rights to the Powder Impression Moulding (PIM) Process.
For more information about Environmental Recycling Technologies plc please visit www.ertplc.com
Related Shares:
ENRT.L