19th Jul 2007 07:00
Sabien Technology Group PLC19 July 2007 SABIEN TECHNOLOGY GROUP PLC ("SABIEN" or the "Company") DIRECTOR'S DEALING JULY 19 2007 Yesterday, the Company was advised by General Capital Venture Finance Limited("GCVF"), a company of which Sabien non executive director Jonathan Hill is alsoa director, that it has made the following share sales: No of Shares Date of Sale Price500,000* 29 December 2006 50p25,000 15 January 2007 76p25,000 25 January 2007 75p100,000 01 February 2007 73p100,000 18 April 2007 61p * these shares have been sold but remain registered in GCVF's name on the shareregister as security for a loan made to the purchaser. Following these disposals GCVF currently has a holding of 2,750,000 sharesrepresenting 10.35% of Sabien's issued share capital. The share dealings referred to above were conducted in breach of a lock-inagreement which was signed on 15 December 2006, the date of publication of theCompany's AIM Admission Document. The Company and General Capital are currently considering what steps they willtake in this matter. A further announcement will be made as appropriate. Contact:Sabien Technology Group Plc Alan O'Brien CEO 020 7993 3700 Gus Orchard Finance DirectorBrewin Dolphin Neil Baldwin 0113 241 0130 ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sabien Tech.