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Quadnetics Group PLC (SNX)

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Monday 23 April, 2012

Quadnetics Group PLC

Director/PDMR Shareholding

RNS Number : 8795B
Quadnetics Group PLC
23 April 2012
 



Quadnetics Group plc (the "Company")

23 April 2012

Director/PDMR Shareholding

The Company was notified today that the Trustee of the Company's HMRC Approved Employee Share Acquisition Plan ("ESAP") on 20th April 2012 purchased, in accordance with the ESAP's rules and on behalf of all ESAP participants, 7,359  ordinary shares of 20 pence each in the Company ("Ordinary Shares"), at a price of 292 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 Trustee 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 October 2011, (the beginning of the Period) which was 200p.

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

Name

Ordinary Shares acquired

Resultant interest in Ordinary Shares

Approx % of the Company's total issued share capital

John Shepherd

375

440,694

2.51%

Nigel Poultney

375

224,556

1.28%

 

For further information, please contact:  

 

Quadnetics Group plc                               Tel: +44 01527 850080

Simon Crooks

 

 Westhouse Securities                               Tel: +44 020 7601 6100

Tom Griffiths


This information is provided by RNS
The company news service from the London Stock Exchange
 
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