KBC Advanced Technologies plc Director/PDMR Shareholding (1250B)
March 28 2013 - 5:56AM
UK Regulatory
TIDMKBC
RNS Number : 1250B
KBC Advanced Technologies plc
28 March 2013
KBC Advanced Technologies plc
("KBC" or "the Company")
Directors Dealing
The Company announces that on 28 March 2013 it received
notification of the following dealings by a director of the Company
and his related parties in the ordinary shares of 2.5p each in the
Company (the "Ordinary Shares").
Kestrel Partners LLP ("Kestrel") acquired 175,000 Ordinary
Shares at a price of 63.25 pence per Ordinary Share on 27 March
2013 on behalf of Kestrel Opportunities, a cell of Guernsey
Portfolios PCC Limited ("Kestrel Opportunities").
Following the transaction referred to above, Kestrel
Opportunities holds 6,187,510 Ordinary Shares, representing 10.5%
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 6,187,510 Ordinary Shares, representing 10.5% of the
issued share capital of the Company.
28 March 2013
KBC Advanced Technologies plc
Janet Ireland, Company Secretary, Tel 01932 242424
Cenkos Securities plc
Bobbie Hilliam, Tel 020 7397 8900
This information is provided by RNS
The company news service from the London Stock Exchange
END
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