18th Mar 2011 08:45
18 March 2011
KBC Advanced Technologies plc
("KBC" or "the Company")
Directors Dealing
The Company announces that Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities"), acquired 40,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") on 16 March 2011 at a price of 66.25p per share. Following the purchase, Kestrel Opportunities holds 1,795,000 Ordinary Shares, representing 3.24% of the issued share capital of the Company.
Oliver Scott, Non-Executive Director of KBC, is a founding partner and holds a beneficial interest in Kestrel Partners LLP, the investment manager of Kestrel Opportunities, and is a shareholder in Kestrel Opportunities. Mr Scott therefore has a legal holding of 3.24% of the issued capital of the Company.
KBC Advanced Technologies plc | |
Janet Ireland, Company Secretary | 01932 242424 |
Cenkos Securities plc | |
Jon Fitzpatrick | 020 7397 8900 |
Beth McKiernan | 0131 220 6939 |
Related Shares:
KBC.L