28th Sep 2012 10:41
KBC Advanced Technologies plc
("KBC" or "the Company")
Directors Dealing
The Company announces that, on 27 September 2012, it received notification of the following dealings by a director of the Company and his related parties in the ordinary shares of 2.5p each in the Company (the "Ordinary Shares").
Kestrel Partners LLP ("Kestrel") acquired 100,000 Ordinary Shares at a price of 53 pence per Ordinary Share on 27 September 2012 on behalf of Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities").
Following the transaction referred to above, Kestrel Opportunities holds 4,467,810 Ordinary Shares, representing 7.6% of the issued share capital of the Company.
Oliver Scott, Non-Executive Director of KBC, is a founding partner of and holds a beneficial interest in Kestrel, the investment manager of Kestrel Opportunities, and is a shareholder in Kestrel Opportunities. Mr Scott therefore has a legal interest in a total of 4,467,810 Ordinary Shares, representing 7.6% of the issued share capital of the Company.
KBC Advanced Technologies plc
Janet Ireland, Company Secretary 01932 242424
Cenkos Securities plc
Jon Fitzpatrick 0207 397 8900
Neil McDonald 0131 220 9771
Related Shares:
KBC.L