Director's Dealings

RNS Number : 2007Z

Flowtech Fluidpower PLC

16 September 2015

 

Wednesday, 16 September 2015	Immediate Release
Flowtech Fluidpower plc ("Flowtech" ,"Company" or "Group") Director's Dealings

Flowtech Fluidpower plc (AIM:FLO), announces the following dealings in the Company's ordinary shares of 100 pence each ("Ordinary Shares") by Bryce Brooks, Chief Financial Officer. The dealings took place and were notified to the Company on 15 September 2015. Bryce Brooks' wife has sold 47,200 Ordinary Shares held in her name at a price of 147p per Ordinary Share. Bryce has then purchased the same number of Ordinary Shares, being 47,200 Ordinary Shares, into his SIPP at the same price, being 147p per Ordinary Share. Following this transaction, Bryce interest in Ordinary Shares remains unchanged at 81,000 Ordinary Shares, representing approximately 0.19 per cent. of the Company's issued Ordinary Share capital.

Enquiries:
Flowtech Fluidpower plc AIM: FLO Sean Fennon, Chief Executive Officer Bryce Brooks, Chief Financial Officer & Company Secretary Tel: [phone] Email: [e-mail] www.flowtechfluidpower.com
Zeus Capital Limited (Nominated Adviser and Broker) Ross Andrews Andrew Jones Dominic King Tel: [phone]
TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: [phone] Email: [e-mail]

Editors' note: Flowtech Fluidpower plc, founded as Flowtech in 1983, is the UK's leading specialist supplier of technical fluid power products with modern distribution facilities in the UK and Benelux.  It offers an unrivalled range of Original Equipment Manufacturer (OEM) and Exclusive Brand products to over 3,000 distributors and resellers. Its catalogue is recognised as the definitive source for fluid power products, containing approximately 50,000 individual product line and  is distributed to more than 90,000 industrial Maintenance, Repair and Overhaul end users (MRO).  Over 80% of product is stocked and if ordered by 10pm, can be delivered next day in the UK, providing 'best in industry' service offering.  The Group's headquarters and main distribution centre is in Skelmersdale, Lancashire with further distribution centres in the Netherlands and China and an assembly operation in Merseyside; in total the business employs 229 people.

 

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