Director/PDMR Shareholding (4420P)
October 03 2011 - 10:02AM
UK Regulatory
TIDMKBC
RNS Number : 4420P
KBC Advanced Technologies plc
03 October 2011
KBC Advanced Technologies plc
("KBC" or "the Company")
Directors Dealing
The Company announces that it has today received notification
that, on 30 September 2011, Kestrel Partners LLP ("Kestrel")
acquired 50,000 ordinary shares of 2.5 pence each in the Company
("Ordinary Shares") on behalf of Kestrel Opportunities, a cell of
Guernsey Portfolios PCC Limited ("Kestrel Opportunities"), at a
price of 65p.
Following the purchase, Kestrel Opportunities holds 2,396,310
Ordinary Shares, representing 4.28 % of the issued share capital of
the Company, and clients advised by Kestrel on a discretionary
basis hold 28,690 Ordinary Shares, representing 0.05 % of the
issued share capital of the Company.
Oliver Scott, Non-Executive Director of KBC, is a founding
partner of and holds a beneficial interest in Kestrel, the
investment manager of Kestrel Opportunities, and is a shareholder
in Kestrel Opportunities. Mr Scott therefore has a legal interest
in a total of 2,425,000 Ordinary Shares, representing 4.33 % of the
issued capital of the Company.
KBC Advanced Technologies plc
Janet Ireland, Company Secretary 01932 242424
Cenkos Securities plc
Jon Fitzpatrick 0207 397 8900
Neil McDonald 0131 220 9771
This information is provided by RNS
The company news service from the London Stock Exchange
END
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