Director Share Purchase

RNS Number : 8763J

Kromek Group PLC

22 December 2015

 

22 December 2015

Kromek Group plc

("Kromek" or the "Company")

Director Share Purchase

Kromek (AIM: KMK), a radiation detection technology company focusing on the medical, security and nuclear markets, announces that it has today received notification that Sir Peter Williams CBE, Chairman of the Company, today purchased 30,000 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at a price of 34.5 pence per share.

Following the purchase, Sir Peter Williams has an interest in 30,000 Ordinary Shares representing 0.02% of the entire current issued share capital of the Company.

Enquiries

Kromek Group plc
Arnab Basu, CEO Derek Bulmer, CFO	[phone]
Cenkos Securities plc
Bobbie Hilliam (NOMAD) Julian Morse (Sales)	[phone]
Luther Pendragon Ltd
Harry Chathli, Claire Norbury, Alexis Gore	[phone]

About Kromek Group plc

Kromek Group plc is a UK technology company (global HQ in County Durham) and a leading developer of high performance radiation detection products based on cadmium zinc telluride ("CZT").  Using its core CZT technology, Kromek designs develops and produces x-ray and gamma ray imaging and radiation detection products for the medical, security screening and nuclear markets.

The Group's products provide high resolution information on material composition and structure and are used in multiple applications, ranging from the identification of cancerous tissues to hazardous materials, such as explosives, and the analysis of radioactive materials.

The Group's business model provides a vertically integrated technology offering to customers, from the growth of CZT crystals to finished products or detectors, including software, electronics and application specific integrated circuits ("ASICs").

The Group has operations in the UK, Germany and US (California and Pennsylvania), and is selling internationally through a combination of distributors and direct OEM sales.

Currently, the Group has over a hundred full time employees across its global operations. Further information on Kromek Group is available at www.kromek.com.

 

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