23rd Oct 2006 15:52
Novae Group PLC23 October 2006 NOVAE GROUP PLC NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS The Company has been notified that M K Fosh has today purchased a further108,414 Ordinary shares of 10 pence each in Novae Group plc at a price of 30pence per share. The purchase represents a reinvestment of the proceeds of thesale of 34,400 7% Convertible bonds 2008 in Novae Holdings PLC at a price of95.5 pence each today. Following this purchase the number of Ordinary Shares of 10 pence each held byMK Fosh is as follows: Director Purchase of Ordinary Percentage of class Total beneficial Percentage of class shares of 10 pence represented by represented by total each purchase Interest following beneficial interest purchase* MK Fosh 108,414 0.015% 2,560,455 0.35% \* This figure excludes shares held by the Trustees of the All Employee Share Ownership Plan and shares subject to LTIP awards, but includes an interest in 710,065 Ordinary Shares of 10 pence each by way of deferred bonus payable in shares in December 2008. Following the sale of 34,400 7% Convertible Bonds 2008, MK Fosh retains abeneficial interest in 95,800 7% Convertible Bonds 2008 in Novae Holdings PLC. Enquiries: TJ Furmston 020 7903 7300Assistant Company SecretaryNovae Group plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Novae Group