Avacta Group plc
Director's Shareholding
Avacta Group plc (the "Company") announces that it has received notification
that on 27 March 2009, Alan Aubrey, a director of the Company, sold 4,385,000
ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares"),
and purchased within his SIPP 4,345,000 ordinary shares at 2 pence per share.
Following this transaction, Alan Aubrey is beneficially interested in
12,133,419 Ordinary Shares, representing 1.09% of the issued share capital of
the Company.
30 March 2009
Enquiries:
Haggie Financial LLP Tel: 020 7417 8989
Nicholas Nelson/Kathy Boate Kathy.boate@haggie.co.uk
Nominated Advisor: Tel: 020 7776 6550
Daniel Stewart & Company plc
Lindsay Mair/Charlotte Stranner
www.danielstewart.co.uk
Novum Securities Limited Tel: 020 7562 4700
Henry Turcan
Notes to Editors:
About Avacta:
Avacta was spun-out from the University of Leeds in 2004 by its current
management team as a biophysics company, with the aim of combining the
disciplines of physics and biology to develop innovative technologies and
expert technical services to address needs in the pharmaceutical, defence and
clinical diagnostics markets.
Avacta has a core bio-analytical technology development programme addressing
the needs of the biopharmaceutical sector to fully characterise their new
products at the earliest stage in their development to reduce the risk of late
stage failure. High value solutions in clinical diagnostics are also being
targeted for these core bio-analytical technologies and for Avacta's trace gas
analysis technology as well as opportunities in industrial and military sensing
applications.
A successful and growing part of the Avacta business model is its technical
services arm, Avacta Analytical Limited, which is focused on providing leading
edge contract research to the biopharmaceutical and healthcare/personal-care
materials sectors. Avacta joined AIM in August 2006.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.