Director/PDMR Shareholding (6594P)
October 06 2011 - 2:00AM
UK Regulatory
TIDMKBC
RNS Number : 6594P
KBC Advanced Technologies plc
06 October 2011
KBC Advanced Technologies plc
("KBC" or "the Company")
Directors Dealing
The Company announces that it received notification on 5 October
2011 that, on 4 October 2011, Kestrel Partners LLP ("Kestrel")
acquired 150,000 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 64.7p per Ordinary Share.
Following the purchase, Kestrel Opportunities holds 2,546,310
Ordinary Shares, representing 4.55 % 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 2,546,310 Ordinary Shares, representing 4.55% of the
issued capital of the Company. Ordinary Shares held by clients
advised by Kestrel on a discretionary basis do not form part of Mr
Scott's notifiable interest.
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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