22nd Sep 2010 10:05
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:
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Related Shares:
ENRT.L