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Directors' Shareholdings

30th Jan 2013 12:07

RNS Number : 7052W
Avesco Group PLC
30 January 2013
 

AVESCO GROUP plc ("Avesco" or the "Company")

 

Directors' Dealings

 

Avesco (AIM: AVS) was notified on 30 January 2013 that its Chairman, Richard Murray, acquired 200,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at 150p per Ordinary Share on 29 January 2013.

 

The Company was also notified on 30 January 2013 that certain directors, set out below, sold 95,180 Ordinary Shares in aggregate on 29 January 2013 to cover their tax liabilities arising from the recent vesting of awards under the Company's Long Term Incentive Plan as announced on 10 January 2013. These Ordinary Shares were held on behalf of the directors concerned by the Avesco Employee Benefit Trust (the "Trust").

 

Following these transactions the interests of the directors concerned (including, where applicable, their interests in shares held on their behalf by the Trust) are as set out below:

 

 

Director

Ordinary Shares traded

Bought/ sold

Price per share

Total holding following trade

% of the Company's voting rights following trade

John Christmas

36,091

Sold

149p

57,370

0. 2%

Graham Andrews

29,013

Sold

149p

167,851

0. 7%

David Crump

30,076

Sold

149p

128,684

0. 5%

Richard Murray

 

200,000

Bought

150p

5,493,206

21.2%

 

 

For further information please contact:

 

Avesco Group plc

Richard Murray, Chairman

01293 583400

John Christmas, Group Finance Director

finnCap

Ed Frisby/Rose Herbert, Corporate Finance

Brian Patient/Victoria Bates, Corporate Broking

 

020 7220 0500

 

 

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