HYR Hydrodec Group Plc

 

TIDMHYR 
 
RNS Number : 8475L 
HydroDec Group plc 
19 January 2009 
 

HYDRODEC GROUP PLC ("Hydrodec" or the "Company") 
Director's Dealing 
19 January 2009 
 
 
Hydrodec announces that it received notification on 14 January 2009 from the 
Chairman, Mr. John Gunn, that on 14 August 2002 he granted Kaupthing Singer & 
Friedlander security via a personal guarantee over the assets held in his 
pension fund. In August 2004 and November 2007, 1,100,000 ordinary shares of 0.5 
pence each in the Company ("Ordinary Shares") and GBP25,000 nominal value of the 
8% unsecured convertible loan notes representing 131,578 Ordinary Shares 
respectively (together representing 0.6% of the Company's issued share capital) 
were added to the fund and were thus covered by the guarantee. These represent a 
secondary line of security to the bank over the overdraft facility on Mr. Gunn's 
pension. 
On 16 January 2009, the Company received notification from Mr. Rodger Sargent 
that on 6 June 2008, 750,000 Ordinary Shares (representing 0.3% of the Company's 
issued share capital) were pledged as security against a loan facility. 
No other director of the Company has granted security over or entered into any 
financial instruments relating to any of their holdings of Ordinary Shares in 
the Company. 
For further information please contact: 
Hydrodec Group plc                                         020 7621 5774 
John Gunn, Chairman 
Numis Securities Limited                             020 7260 1000 
Nominated Adviser: Simon Blank 
Corporate Broker: David Poutney / Alex Ham 
Curve PR                                                         020 8742 1597/ 
07764 197003 
Emma Davis 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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