Holders Technology PLC
02 November 2007
Holders Technology Plc (the 'Company')
Further to the announcement made on 1 November 2007, Holders Technology, the
supplier of special laminates and materials to the electronics industry,
announces that it has bought in 245,000 ordinary shares, representing
approximately 5.89 per cent. of the Company's issued share capital. These shares
will be held in treasury and utilised to meet the exercise of share options in
the future. The Company has currently granted options which, on exercise, would
result in the issue of a further 245,000 shares.
As part of the buy back, Rudi Weinreich, Chairman and Chief Executive, has sold
200,000 shares at a price of 158.5p per share. The Directors, (excluding Rudi
Weinreich) having consulted with Blue Oar Securities, consider that the terms
of this transaction are fair and reasonable insofar as the Company's
shareholders are concerned.
Following this transaction, Rudi Weinreich has an interest in 1,851,202 shares,
representing approximately 44.5 per cent of the ordinary shares in issue
(including the 245,000 shares held in treasury) and approximately 47.3 per cent.
of the total voting shares in issue (excluding the 245,000 shares held in
treasury).
Enquiries:
Jim Shawyer, Group Finance Director - 020 8731 4336
John Wakefield, director, corporate finance, Blue Oar Securities Plc -
0117 9330020
This information is provided by RNS
The company news service from the London Stock Exchange
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