Director Shareholding

RNS Number : 8994P

Spectra Systems Corporation

31 October 2012

 



For immediate release                                                                                                                              31 October 2012

Spectra Systems Corporation

("The Company" or "Spectra")

Spectra Systems Director Shareholding

Spectra Systems (AIM: SPSY.L) has received notification that on 30 October 2012, Nabil M. Lawandy, CEO and a director of the Company, acquired 100,000 shares in the common stock of the Company ("Shares") at a price of 40 pence per share. 65,000 of these shares are in the unrestricted class (SPSY) and 35,000 are in the Regulation S class (SPSC).

It is Dr. Lawandy's intention to convert all of his shareholding into the unrestricted class as soon as practicable.

Following the acquisition, Dr. Lawandy will have an interest in the Company of 1,858,570 Shares, representing 4.10 % of the Company's issued share capital.

Enquiries:

Spectra Systems Corporation

Dr. Nabil M. Lawandy, Chief Executive Officer                                    Tel: [phone]

WH Ireland Limited

Chris Fielding (Head of Corporate Finance)                                          Tel: [phone]

Media Enquires:

The Communications Portfolio Limited

Ariane Comstive / Caolan Mahon                                                              Tel: [phone] / 2029

[e-mail]

 

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