9th Mar 2012 11:25
For immediate release 9 March 2012
ASSOCIATED BRITISH ENGINEERING PLC
("ABE" or "the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
Further to the Company's announcement dated 8th February 2012 regarding the results of the Open Offer and the fact that 150,794 new Ordinary Shares would be subscribed by the underwriters and the Company's announcements made on 7th March 2012 and earlier today, the Company is now in a position to detail beneficial holdings of Ordinary Shares in the Company for a person discharging managerial responsibility advised to the company between 1st and 8th March 2012.
Rupert Pearce Gould | Pension Fund* | Total | |
Beneficial interest in shares held as at 11 January 2012
| 120,750
| 7,100 | 127,850 |
Shares acquired in the Rights Issue (as defined in the Prospectus dated 11th January 2012) at £1.00 per share
| 32,200 | 1,893 | 34,093 |
Shares acquired in the Underwriting (as defined in the Prospectus) at £1.00 per share
| -
| 32,301 | 32,301 |
Purchase of Shares in the market on 6 March 2012 at £1.20 per share
| -
| - | - |
Shares held as a result of the cancellation of the 7% Preference Shares at £1.20 per share
| - | - | - |
Shares held beneficially as at 6 March 2012 | 152,950 (7.465%)
| 41,294 (2.015%) | 194,244 (9.480%) |
* held in a pension fund The H P Gould and Sons Pension Fund of which R A Pearce Gould is a trustee and beneficiary.
This announcement is made in accordance with DTR 3.1.2R.
David Brown
Chairman
Peter Morton, Associated British Engineering PLC 01223 260022
Colin Weinberg, Associated British Engineering PLC 0043 664 885 019 800
David Brown, Associated British Engineering PLC 0044 781 418603
Roland Cornish/Felicity Geidt, Beaumont Cornish Limited 0207 628 3396
Related Shares:
A.b.engineering