KBC Advanced Technologies plc Holding(s) in Company (3091X)
November 18 2014 - 4:43AM
UK Regulatory
TIDMKBC
RNS Number : 3091X
KBC Advanced Technologies plc
18 November 2014
18 November 2014
KBC ADVANCED TECHNOLOGIES PLC
(the "Company")
DIRECTORS' SHAREHOLDINGS
The company announces that the executive directors shown below
were today granted awards of share options over ordinary shares in
the company of 2.5p nominal value ("Shares") under the company's
Discretionary Share Option Plan 2013. The awards will be
exercisable, subject to performance conditions, between 2014 and
2024 and the exercise price will be 2.5p per share. No
consideration was paid for the grant of the awards.
These awards were in recognition of the promotion of Mr Howell
and Mr Smith to directors of the Company earlier in 2014. It is the
Company's intention to make a further award to Mr Howell in 2015 to
recognize his appointment as Chief Executive Officer effective 1
January 2015.
Name: Andrew John Howell
Number of Shares over which award made: 25,000
Name: Kevin Edward Smith
Number of Shares over which award made: 25,000
Following the above award, Mr Howell holds options over 234,000
Shares.
Following the above award, Mr Smith is interested in 21,790
Shares, representing approximately 0.03% of the issued share
capital of the Company, and holds options over 170,000 Shares.
The percentages shown above are based on the Company's issued
share capital of 81,783,531 Shares.
Enquiries:
Janet Ireland, Company Secretary Tel: 01932 242424
This information is provided by RNS
The company news service from the London Stock Exchange
END
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