23rd Oct 2012 12:40
KBC Advanced Technologies plc
("KBC" or "the Company")
Directors Dealing
The Company announces that, on 22 October 2012, it received notification of the following dealings by a director of the Company and his related parties in the ordinary shares of 2.5p each in the Company (the "Ordinary Shares").
Kestrel Partners LLP ("Kestrel") acquired 200,000 Ordinary Shares at a price of 51 pence per Ordinary Share on 22 October 2012 on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").
Following the transaction referred to above, Kestrel Opportunities holds 5,042,810 Ordinary Shares, representing 8.58% of the issued share capital of the Company.
Oliver Scott, Non-Executive Director of KBC, is a founding partner of and holds a beneficial interest in Kestrel, the investment manager of Kestrel Opportunities, and is a shareholder in Kestrel Opportunities. Mr Scott therefore has a legal interest in a total of 5,042,810 Ordinary Shares, representing 8.58% of the issued share capital of the Company.
23 October 2012
KBC Advanced Technologies plc
Janet Ireland, Company Secretary, Tel: 01932 242424
Cenkos Securities plc
Bobbie Hilliam, Tel: 020 7397 8900
Related Shares:
KBC.L