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Director/PDMR Shareholding

22nd Sep 2009 13:15

RNS Number : 4645Z
Powerflute Oyj
22 September 2009
 



22nd September 2009

Powerflute Oyj

Director's dealing

Powerflute Oyj (the "Company") has received notification today that Dr. Dermot Smurfit, the Company's Chairman, transferred 2,000,000 ordinary shares in the Company to his adult daughter on Tuesday 22nd September 2009 for nil consideration.

As a result of the transfer, Dr. Smurfit's beneficial interest in the ordinary shares of the Company has changed from 27,286,863 (18.8%) to 25,286,863 ordinary shares (17.5%).

At the date of this announcement, the Company has 144,818,174 shares in issue.

Ends

Contact:

Powerflute OYJ

Dermot Smurfit (Chairman)

David Walton (Chief Financial Officer)

c/o Billy Clegg, Financial Dynamics

+44 (0)20 7269 7157

Collins Stewart Europe Ltd:

Mark Dickenson/Piers Coombs

+44 (0)20 7523 8319

E.Öhman J:or Fondkommission AB:

Ms Arja Väyrynen

+358 9 8866 6029

Financial Dynamics:

Billy Clegg

Georgina Bonham

+44 (0)20 7831 3113

K Capital Source

Mark Kenny

Jonathan Neilan

+353 (1) 631 5500

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