Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Director/PDMR Shareholding

4th May 2011 16:05

RNS Number : 9520F
VPhase PLC
04 May 2011
 



Press release

4 May 2011

 

 

VPhase plc

 

 

("VPhase" or the "Company" or the "Group")

 

Director's Shareholding

 

 

VPhase plc, (AIM:VPHA), a leading developer of energy saving products for residential and commercial properties was notified on 4 May 2011 that Duncan Sedgwick who is a director of the Group, has purchased 689,700 ordinary shares in the Company on 4 May 2011 at a price of 1.45p per share.

 

Following the purchase Duncan Sedgwick now holds 689,700 ordinary shares in the Group representing 0.09% interest in the Group

 

- Ends -

 

For further information:

VPhase plc

Rick Smith, Chief Executive Officer

+44 (0) 151 348 2100

www.vphase.co.uk

 

Ambrian Partners Limited

+44 (0) 20 7634 4700

Andrew Craig / Ben Wright, NOMAD

www.ambrian.com

 

 

Media enquiries

Abchurch Communications Limited

+44 (0) 20 7398 7710

Sarah Hollins / Joanne Shears / Quincy Allan

quincy.allan@abchurch-group.com

www.abchurch-group.com

 

 

Notes to Editors:

 

About VPhase PLC

 

VPhase plc provides a product that reduces the energy consumption of many domestic electrical appliances.

 

The VPhase device:

·; attaches to the consumer unit (fuse box) and regulates the voltage to 220 volts;

·; is low cost, with a payback of under 5 years;

·; easy to fit by a qualified electrician;

·; saves money from the moment of installation, with no need for behavioural changes;

·; enables many appliances to work more efficiently; and

·; reduces electricity usage and carbon emissions.

 

Independently verified tests by VPhase have demonstrated that the product can typically save between 6% and 12% of the electricity across a range of domestic products including fridges, freezers, central heating pumps, televisions and other items, even 'energy-saving' light bulbs. This should equate to savings for the typical homeowner of between £40 and £135 per annum.

 

In addition, there is evidence that the life of electrical appliances can be extended by the use of this product; light bulbs, in particular, have demonstrated at least two times longer life when on a circuit managed by the voltage optimisation product as compared to those without the product.

 

www.vphase.co.uk

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

Related Shares:

365.L
FTSE 100 Latest
Value8,596.35
Change99.55