KBC Kbc Adv.Tech.

TIDMKBC

RNS Number : 8726Z

KBC Advanced Technologies plc

22 September 2015

22 September 2015

KBC ADVANCED TECHNOLOGIES PLC

(the "Company")

DIRECTORS' SHAREHOLDINGS

The Company announces that on 22 September 2015 the executive directors shown below exercised share options as set out below over ordinary shares in the Company of 2.5p nominal value ("Ordinary Shares").

Andrew Howell, CEO of the Company, exercised an option under the Company's Long Term Incentive Plan 2006 to acquire 40,000 Ordinary Shares at nil cost. Mr Howell sold 11,679 Ordinary Shares at a price of GBP1.10 per share in order to settle taxes due upon vesting.

Kevin Smith, Chief Commercial Officer of the Company, exercised an option under the Company's Long Term Incentive Plan 2006 to acquire 16,000 Ordinary Shares at nil cost. Mr Smith sold 5,841 Ordinary Shares at a price of GBP1.10 per share in order to settle taxes due upon vesting.

Following the above transactions, Mr Howell is interested in 83,164 Ordinary Shares, representing approximately 0.10% of the issued share capital of the Company, and holds options over 286,500 Ordinary Shares.

Following the above transactions, Mr Smith is interested in 57,842 Ordinary Shares, representing approximately 0.07% of the issued share capital of the Company, and holds options over 211,500 Ordinary Shares.

Enquiries:

KBC Advanced Technologies plc

   Janet Ireland, Company Secretary                     Tel: 01932 242424 

Cenkos Securities plc

   Bobbie Hilliam, NOMAD                                      Tel: 020 7397 8900 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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