Director Shareholding
August 30 2001 - 5:38AM
UK Regulatory
RNS Number:1691J
KBC Advanced Technologies PLC
29 August 2001
DEALINGS BY DIRECTORS
1) NAME OF COMPANY
KBC ADVANCED TECHNOLOGIES PLC
2) NAME OF DIRECTOR
NICHOLAS PHILIP STONE
3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the
age of 18 or in respect of an non-beneficial interest
DIRECTOR NAMED ABOVE
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)
N/A
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
N/A
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
N/A
7) Number of shares/amount of stock acquired
N/A
8) Percentage of issued Class
N/A
9) Number of shares/amount of stock disposed
N/A
10) Percentage of issued Class
N/A
11) Class of security
ORDINARY 2.5P
12) Price per share
N/A
13) Date of transaction
N/A
14) Date company informed
N/A
15) Total holding following this notification
NIL
16) Total percentage holding of issued class following this notification
N/A
IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES
17) Date of grant
27 AUGUST 2001
18) Period during which or date on which exercisable
28 AUGUST 2004 - 27 AUGUST 2011
19) Total amount paid (if any) for grant of the option
NIL
20) Description of shares or debentures involved: class, number.
ORDINARY 2.5P 100,000
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
#1.465
22) Total number of shares or debentures over which options held
following this notification
100,000
23) Any additional information
THE PROPORTION OF THOSE SHARES WHICH WILL VEST IS RELATED TO THE PERFORMANCE
OF THE GROUP OVER A 3-10 YEAR PERIOD. THE TARGET IS THAT, OVER A PERIOD OF THREE
OR MORE YEARS ALWAYS BEGINNING WITH THE FINANCIAL YEAR OF THE COMPANY IN WHICH
THE OPTION WAS GRANTED, THE COMPANY'S EPS MUST GROW BY BETWEEN 5% AND 9% PER
ANNUM ABOVE INFLATION. IF THE EPS INCREASE IS EXACTLY 5% PER ANNUM ABOVE
INFLATION, THE DIRECTOR MAY EXERCISE THE OPTION OVER 60% OF THE SHARES. IF THE
EPS INCREASE IS 9% PER ANNUM OR MORE ABOVE INFLATION, THE DIRECTOR MAY EXERCISE
THE OPTION OVER 100% OF THE SHARES. IF THE EPS INCREASE IS BETWEEN 5% AND 9% PER
ANNUM ABOVE INFLATION, THE DIRECTOR MAY EXERCISE THE OPTION OVER A PROPORTIONATE
PERCENTAGE OF THE SHARES ON A SLIDING SCALE.
24) Name of contact and telephone number for queries
JANET M IRELAND 01932 236236
25) Name and signature of authorised company official responsible for
making this notification
Date of Notification 29 AUGUST 2001
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