24th Jun 2009 14:59
24 June 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 son on Wednesday, 24 June 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 29,286,863 (20.2%) to 27,286,863 ordinary shares (18.8%).
At the date of this announcement, the Company has 144,818,174 shares in issue.
Ends.
Contact:
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Powerflute OYJ Dermot Smurfit (Chairman) David Walton (Chief Financial Officer) |
c/o Billy Clegg, Financial Dynamics +44 (0)20 7269 7157 |
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Collins Stewart Europe Ltd: Mark Dickenson/Piers Coombs |
+44 (0)20 7523 8319 |
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E.Öhman J:or Fondkommission AB: Ms Arja Väyrynen |
+358 9 8866 6029 |
|
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Financial Dynamics: Billy Clegg Georgina Bonham |
+44 (0)20 7831 3113 |
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K Capital Source Mark Kenny Jonathan Neilan |
+353 (1) 631 5500 |
Related Shares:
POWR.L