ADIS Armor Des Regs

 

TIDMADID TIDMADIS 
 
RNS Number : 6696L 
Armor Designs, Inc. 
15 January 2009 
 

ARMOR DESIGNS INC 
 
 
+----------------------------------------+---------------------------------------+ 
|                                        |                     15th January 2009 | 
+----------------------------------------+---------------------------------------+ 
 
 
AIM TRADING SYMBOL: ADID, ADIS 
 
 
Director's share dealings 
 
 
Armor Designs, Inc., ("ADI", or the Company"), the developer of next-generation 
composite armour, announces that as mentioned in the Company's December 2007 AIM 
Admission Document, Hawthorne & York International, Ltd. ("HYI"), principal 
shareholder in ADI, has gifted 3.4 million shares of its ADI shareholding, equal 
to 13% of the total shares outstanding in the Company, for distribution to a 
number of individuals who have primarily assisted HYI  in the years prior to 
bringing ADI to market. HYI is owned and controlled by Dr James St Ville, the 
Chairman of the Board of Directors of ADI. The shares gifted have been 
transferred into an irrevocable trust controlled by an independent trustee that 
will be used to distribute awards to the recipients in tranches over the coming 
years. The gifted shares will be distributed to individuals via the irrevocable 
trust in the form of 450,000 shares, and, 2,950,000 share equivalents 
(non-qualified stock options and restricted stock units). 
 
 
+------------------+--------------+-------------+-------------------+--------------+ 
| Director         |    No. of    |   No. of    |      Total        |      %       | 
|                  |    Shares    |   Shares    |   Shareholding    |Shareholding  | 
|                  | disposed of  |  received   |  following the    |              | 
|                  |              |             |   transactions    |              | 
+------------------+--------------+-------------+-------------------+--------------+ 
| Hawthorne &      |  3,400,000   |             |    18,875,000     |    71.0%     | 
| York             |              |             |                   |              | 
| International)   |              |             |                   |              | 
+------------------+--------------+-------------+-------------------+--------------+ 
| Irrevocable      |              |  3,400,000  |    2,950,000      |    11.1%     | 
| Trust            |              |             |                   |              | 
+------------------+--------------+-------------+-------------------+--------------+ 
 
 
 
 
For further information please contact: 
+-------------------------------------------+----------------------------+ 
| Armor Designs, Inc.                       |                            | 
+-------------------------------------------+----------------------------+ 
| Charles Snyder, CEO                       |      Tel: +1 602 275 4633  | 
+-------------------------------------------+----------------------------+ 
| charles.snyder@armordesigns.com           | www.armordesigns.com       | 
+-------------------------------------------+----------------------------+ 
 
 
+-------------------------------------------+----------------------------+ 
| Zimmerman Adams International Limited     |                            | 
+-------------------------------------------+----------------------------+ 
| Graeme Thom / Mira Shukanayeva            | Tel: +44 20 7060 1760      | 
+-------------------------------------------+----------------------------+ 
 
 
+-------------------------------------------+----------------------------+ 
| Alexander David Securities Limited        |                            | 
+-------------------------------------------+----------------------------+ 
| David Scott / Nick Bealer                 |      Tel: +44 20 7448 9820 | 
+-------------------------------------------+----------------------------+ 
 
 
  Media enquiries: 
+-------------------------------------------+----------------------------+ 
| Brunswick Group LLP                       |                            | 
+-------------------------------------------+----------------------------+ 
| Michael Harrison/ Chris Blundell/ Camilla | Tel: +44 20 7404 5959      | 
| Gore                                      |                            | 
+-------------------------------------------+----------------------------+ 
 
 
 
 
Notes to editors 
Armor Designs, Inc. ("ADI") is a knowledge-based company specialising in 
next-generation composite material design, manufacture, prototyping and 
testing for applications and products for the armour industry. ADI uses a 
proprietary design and manufacturing process called VCM to rapidly develop new 
composite armour products of superior ballistic, weight and flexibility. The VCM 
process is protected by patents and trade secrets licensed to ADI in perpetuity 
for use in field of armour. 
 
 
The current total number of shares outstanding is 26,572,500. 
 
 
For more information on Armor Designs, Inc., please go to www.armordesigns.com 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 RDSILFSALVISLIA 
 

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