Director/PDMR Shareholding
15 October 2010 - 8:43PM
UK Regulatory
TIDMQDG
Quadnetics Group plc (the "Company")
15 October 2010
Director/PDMR Shareholding
The Company has been notified that on 14 October 2010 the Trustee
of the Company's HMRC Approved Employee Share Acquisition Plan
("ESAP"), purchased, in accordance with the ESAP's rules and on behalf of
all ESAP participants, 5,867 ordinary shares of 20p each in the Company
("Ordinary Shares"), at a price of 180p each. Under the terms of the ESAP,
participating members, including employees and Directors of the Company,
contribute a fixed amount to the Trustee on a monthly basis. The Company
acquires a number of shares in the Company at the end of the contribution
period ("the Period") (normally 6 months) based upon the contributions
made in the preceding period and determined by the lowest share price at
either the beginning of the Period or on the purchase day which must be
within 30 days of the Period end. The share price used for ESAP purposes
was the price on 1(st) June 2010 (the beginning of the Period) which was
147.5p.
Following the purchases, the following Directors/ PDMR's of the Company
have the following interests in the Company's issued share capital:
Name Ordinary Shares Resultant Interest In Approx % of the
acquired Ordinary Shares total issued share
capital
John Shepherd 338 410,726 2.34%
Nigel Poultney 338 213,338 1.21%
For further information, please contact:
Quadnetics Group plc Tel:
01527 850080
Simon Crooks
Brewin Dolphin Limited (Nomad) Tel: 0845 213 4726
Neil Baldwin
ENDS
[HUG#1452281]
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
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originality of the information contained therein.
Source: Quadnetics Group plc via Thomson Reuters ONE
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