HydroDec Group plc Director's dealing in securities (7858G)
June 11 2013 - 9:01AM
UK Regulatory
TIDMHYR
RNS Number : 7858G
HydroDec Group plc
11 June 2013
11 June 2013
Hydrodec Group plc
("Hydrodec" or the "Company")
Director's dealing in securities
The Company has today received notification that Andrew Black, a
non-executive director of Hydrodec, purchased on 6 June 2013
1,150,000 ordinary shares of 0.5p each in the Company ("Ordinary
Shares") at an average price of 9.927p per share.
Following the purchase Mr. Black holds 84,417,021 Ordinary
Shares representing 20.0 per cent of the issued voting share
capital. He also holds warrants to subscribe for 19.5 million
Ordinary Shares.
For further information please contact:
Hydrodec Group plc 020 7907 9220
Ian Smale, CEO
Mike Preen, Head of Corporate
and Legal Affairs
Peel Hunt LLP
(Nominated adviser and broker) 020 7418 8900
Richard Kauffer
Daniel Harris
Luther Pendragon (PR adviser to
Hydrodec) 020 7618 9100
Neil Thapar, Alexis Gore, Sarah
Davis
Notes to Editors:
Hydrodec's technology is a proven highly efficient oil
re-refining and chemical process which is being initially targeted
at the multi-billion US$ market for transformer oil used by the
world's electricity industry. The Group takes spent oil, including
polychlorinated biphenyl ("PCB") contaminated oil, as the primary
feedstock, which is then processed at its two plants enabling 99
per cent or greater recovery of oil for reuse while also
eliminating PCBs, a toxic additive banned under international
regulations, without environmentally harmful emissions.
Hydrodec's plants are located at Canton, Ohio, US and Young, New
South Wales, Australia. The Group's shares are listed on the AIM
Market of the London Stock Exchange. For further information,
please visit www.hydrodec.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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