Director's share dealings
January 15 2009 - 2:00AM
UK Regulatory
TIDMADID TIDMADIS
RNS Number : 6663L
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 Hawthorne & York International, Ltd.("HYI"),
principal shareholder, is transferring 3,000,000 of its ADI shares, equal to
11% of the total shares outstanding in the Company, into a securities investment
portfolio account. HYI has not divested any shares. HYI is owned and controlled
by Dr James St Ville, the Chairman of the Board of Directors of ADI.
The securities investment portfolio account into which the shares have been
transferred enables borrowing against all shares within this portfolio account
and, therefore, from time-to-time, some or all of the shares within this
portfolio account, including some ADI shares, could be subject to creditor
liability.
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.
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
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