Matchtech Group PLC
09 May 2007
Matchtech Group plc
9th May 2007
Matchtech Group plc (the 'Company')
Directors' and other notifiable interests
The Company has been notified that on 8th May 2007 Paul Raine, Group Resource
Director and Stephen Searle*, a significant shareholder, each sold 300,000
ordinary shares in the Company ('Ordinary Shares') and George Materna, Chairman,
sold 225,000 Ordinary Shares all at 475p per Ordinary Share, and that on 9th May
2007 Adrian Gunn, Group Managing Director, sold 7,500 Ordinary Shares at
467.875p per Ordinary Share, in aggregate a total of 832,500 Ordinary Shares.
Following these disposals, their respective remaining disclosable interests in
the Company's Ordinary Shares comprise:
George Materna 7,877,405 Ordinary Shares 35.0%
Paul Raine 1,829,827 Ordinary Shares 8.1%
Stephen Searle* 916,650 Ordinary Shares 4.1%
Adrian Gunn 398,134 Ordinary Shares 1.8%
*Stephen Searle sold 265,000 Ordinary Shares and retains 881,650 Ordinary
Shares; Sarah Searle, his wife, sold 35,000 Ordinary Shares and retains 35,000
Ordinary Shares.
Arbuthnot Securities agreed to an early release of these 832,500 Ordinary
Shares, and a further 105,019 Ordinary Shares in respect of current and former
senior managers, from the lock-in deeds entered into at the time of the
Company's admission to trading on AIM in October 2006 in order to satisfy
institutional demand. The terms of the lock-in deeds remain otherwise unaltered
and in force.
Contacts:
Matchtech Group plc 01489 898989
George Materna, Chairman
Arbuthnot Securities 020 7012 2000
Mark Brown / Andrew Fullerton / Ian Williams
END
This information is provided by RNS
The company news service from the London Stock Exchange
*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.