QDG Quadnetics Grp

TIDMQDG

RNS Number : 2920R

Quadnetics Group PLC

01 November 2011

Quadnetics Group plc (the "Company")

1st November 2011

Director/PDMR Shareholding

The Company was notified today that the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") today purchased, in accordance with the ESAP's rules and on behalf of all ESAP participants, 6,378 ordinary shares of 20 pence each in the Company ("Ordinary Shares"), at a price of 205 pence each.

Under the terms of the ESAP, participating members, including employees and certain 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. The share price used for ESAP purposes was the price on 1st April 2011, (the beginning of the Period) which was 185.5p.

In addition, the Company was also notified that included in the above number of Ordinary Shares purchased by the Trustee were 159 Ordinary Shares, as part of the reinvestment of the Company's interim dividend.

Following the purchases, the following Directors of the Company have the following interests in the Company's issued share capital:

 
 Name and Position    Ordinary           Shares acquired   Resultant      Approx % of 
                       Shares acquired    following         interest       the Company's 
                                          reinvestment      in Ordinary    total issued 
                                          of dividend       Shares         share capital 
 John Shepherd        405                9                 426,519        2.43% 
 
 Nigel Poultney       405                9                 224,181        1.28% 
 

For further information, please contact:

   Quadnetics Group plc                                  Tel: +44 01527 850080 

Simon Crooks

   Arbuthnot Securities Limited                      Tel: +44 020 7012 2100 

Tom Griffiths

   Buchanan Communications                         Tel: +44 020 7466 5000 

Isabel Podda

Tim Anderson

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSBUBDBBUGBGBB

Quadnetics (LSE:QDG)
Historical Stock Chart
From Jun 2024 to Jul 2024

Quadnetics (LSE:QDG)
Historical Stock Chart
From Jul 2023 to Jul 2024