Director Dealings
April 15 2008 - 3:02AM
UK Regulatory
RNS Number:3228S
Clean Air Power Limited
15 April 2008
For Immediate Release 15 April 2008
Clean Air Power Limited
("Clean Air Power" or "the Company")
Director Dealings
Clean Air Power Limited (AIM: CAP), the developer of Dual-FuelTM combustion
technology that enables heavy-duty diesel engines to run on a combination of
both diesel and natural gas, was informed today of the following directors
dealings on 11 April 2008, as part of the first tranche of the Private Financing
Package. Each purchase was made at 17.5 pence per Common Share.
Shares Beneficial Interest in shares Percentage of Issued
Purchased following this purchase share capital held
Rodney 57,143 82,247 0.25%
Westhead
John 411,429 446,429 1.37%
Pettitt
Peter 17,143 22,143 0.07%
Rowse
Clean Air Power further announces that within the next seven days John Pettitt
will sell 57,143 of his newly acquired Common Shares to Ulrich Wohr,
Non-executive Director, and 11,429 Common Shares each to two senior managers of
the Company, at 17.5 pence per share. Following these transfers the holdings of
the directors will be:
Shares Beneficial Interest in shares Percentage of Issued
Transferred following transfers share capital held
John (80,001) 366,428 1.12%
Pettitt
Ulrich 57,143 57,143 0.18%
Wohr
For further details please contact
Clean Air Power Tel: +44 (0) 1494 527110
John Pettitt, Chief Executive
Peter Rowse, Finance Director
Buchanan Communications Tel: +44 (0)20 7466 5000
Charles Ryland/Ben Willey/Ben Romney
Canaccord Adams Ltd Tel: +44 (0)20 7050 6500
Robert Finlay/Bhavesh Patel
Notes to Editors
About Clean Air Power
Clean Air Power is the developer and provider of Dual-FuelTM combustion
technology for heavy duty diesel engines. Dual-FuelTM engines substantially cut
fuel costs and carbon emissions without sacrificing the original engine's
characteristic efficiency or reliability. Clean Air Power is well positioned to
assist corporations and governments to deliver on their environmental
commitments while at the same time reducing transport operators overheads.
Initially founded in the USA in 1991, around �40m has been invested in
developing the technology with the result that 63 patents are currently held or
pending. The holding company of the Group is based in Bermuda with operational
subsidiaries in the UK, the USA and Australia. The Group was admitted to the AIM
market of the London Stock Exchange in February 2006.
Further information on Clean Air Power is available at www.cleanairpower.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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