Director/PDMR Shareholding

RNS Number : 3467L

Avacta Group PLC

08 January 2009

 

Avacta Group plc

('Avacta' or 'the Company')

Director/PDMR Shareholding

Pursuant to the announcements made on 22 July 2008 and 20 November 2008 in relation to the holding of ordinary shares of 0.1p each ('Ordinary Shares') by Alastair Smith, Chief Executive Officer, the Board of the Company would now wish to clarify his resultant beneficial holding.

Following the sales of 601,389 Ordinary Shares and 3,061,464 Ordinary Shares to Alastair's Self Invested Pension Plan ('SIPP'), his correct resultant beneficial holding is 49,577,022 Ordinary Shares, representing approximately 6.02 per cent. of the current issued share capital of the Company. A total of 40,446 Ordinary Shares were sold at the time of the transactions in order to satisfy settlement and commission charges.

For further information, please contact:

Avacta Group plc  Alastair Smith, Chief Executive Officer Tim Sykes, Chief Financial Officer www.avacta.com	Tel: [phone]
Daniel Stewart & Company plc  Lindsay Mair/Tessa Smith www.danielstewart.co.uk	Tel: [phone]
Novum Securities Limited Henry Turcan/Michael Brennan	Tel: [phone]
Haggie Financial LLP  Nicholas Nelson/Kathy Boate [e-mail]	Tel: [phone]

 

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