Director/PDMR Shareholding

RNS Number : 6525B

Sabien Technology Group PLC

08 October 2015

 



Sabien Technology Group plc

("Sabien" or "the Company")

Director shareholding

Sabien Technology Group PLC (AIM: SNT), the manufacturer and supplier of M2G, a boiler energy efficiency technology, has been notified that on 7 October 2015 Bruce Gordon, a non-executive director of the Company, purchased 150,000 ordinary shares of five pence each ("Ordinary Shares") in the Company at a price of 6.05 pence per Ordinary share.

As a result of this transaction, Bruce Gordon holds, directly and indirectly through TVI 2 Limited, 5,908,356 Ordinary Shares which represent approximately 13.4% of the Company's issued share capital.

For further information:

Sabien Technology Group plc
Alan O'Brien, CEO	Tel: [phone]
Gus Orchard, CFO	www.sabien-tech.co.uk

Westhouse Securities Limited
Antonio Bossi	Tel: [phone]
Rose Ramsden	www.westhousesecurities.co.uk

Background:

Sabien Technology is a UK-based company which specialises in providing proven and commercially viable technology to reduce carbon emissions and energy usage for private and public organisations.

The M2G is a patented energy efficient technology designed to reduce fuel consumption in commercial boilers. M2G dynamically responds to changing load demand by measuring, identifying and removing dry cycling thus maximising efficiency under all conditions.

M2G is retro-fitted to commercial boilers regardless of age and size and fully integrates and complements existing controls, such as BMS, boiler sequencing, weather compensation and building optimisation controls.

Using intelligent software and hardware, the M2G unit improves a boiler's efficiency by reducing energy wastage. For further information, please visit our website www.sabien-tech.co.uk.

 

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