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Director/PDMR Shareholding

22nd Sep 2010 10:05

RNS Number : 1012T
Environmental Recycling Tech. PLC
22 September 2010
 



Environmental Recycling Technologies plc (the "Company")

 

Directors' Dealing

 

The Company announces that it has received notification that on 21 September 2010, the following purchases of ordinary shares of 2.5p in the Company ("Ordinary Shares") were made by certain Directors of the Company: -

 

Name of Director

Position

Number of Ordinary Shares purchased

Purchase Price (pence) per Ordinary Share

 

Total number of Ordinary Shares held

Total number of Ordinary Shares held as a percentage of current issued share capital of the Company

 

Ken Brooks

 

Chairman

852,125

2.25

9,202,648

2.13

Roger Baynham

Managing Director

1,340,579

2.25

4,641,079

1.07

 

In addition, Philip Tyler Polymers Limited, a company that Ken Brooks and Roger Baynham are both directors of and which is wholly owned by Philip Tyler Plastics Limited in which Mr. Brooks and Mr. Baynham respectively have 25 per cent. and 6.8 per cent. shareholdings, holds 1,762,440 Ordinary Shares, representing 0.41 per cent. of the issued share capital of the Company. Therefore, Mr. Brooks' total direct and indirect beneficial holding is 10,965,088 Ordinary Shares, representing 2.54 per cent. of the issued share capital of Company and Mr. Baynham's total direct and indirect beneficial holding is 6,403,519 Ordinary Shares representing 1.48 per cent. of the issued share capital of Company.

 

22 September 2010

 

ENQUIRIES:

 

Environmental Recycling Technologies Plc

Tel: 0845 071 1394

Roger Baynham (Managing Director)

Ken Brooks (Chairman)

 

Evolution Securities

Tel: 020 7071 4300

Tim Worlledge

Bobbie Hilliam

 

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