REG-Matchtech Group PLC Additional Listing

Released : 28/11/06 15:49

RNS Number:8558M 
Matchtech Group PLC 
28 November 2006 
MATCHTECH GROUP ("the Company") 
28 November 2006 
The Matchtech Group plc Share Incentive Plan ("SIP") 
The Company announces the issue, on 27 November 2006, of 31,955 ordinary shares 
of 1p each in the Company ("Shares") to Matchtech Engineering Limited ("the 
Trustee"), at a price of £3.665 pence per Share, for the purpose of satisfying 
the purchase of Shares by eligible employees (including executive directors) 
under the SIP for the current month. The SIP has been approved by the Inland 
Revenue as a share incentive plan under Schedule 8 to the Finance Act 2000. 
Additionally, the Company has allotted a further 31,955 new Shares to employees 
(including executive directors) as awards under the share matching element of 
the SIP. 
Following this transaction the Trustee will hold 63,910 Shares, all of which are 
held on behalf of eligible employees pursuant to the terms of the SIP. 
The number of Shares purchased on this date on behalf of the executive directors 
were as follows: 
Director                      Shares   Shares awarded   Total interest  % issued 
                           purchased   under matching        following    Shares 
                           under SIP   element of SIP         purchase 
Paul Raine                      409               409        2,130,645      9.5% 
Tony Dyer                       409               409          201,467      0.9% 
Adrian Gunn                     409               409          406,452      1.8% 
The beneficial ownership of the shares awarded under the matching element of the 
SIP will pass to Paul Raine, Tony Dyer and Adrian Gunn in three years time 
subject to continued employment and the retention of the underlying shares 
purchased on their behalf. 
Application is being made to AIM for the Admission of the 63,910 new Shares, 
together with a blocklisting application in relation to 25,000 new Shares in 
relation to future issues under the matching element of the SIP, and dealings 
are expected to commence (subject to allotment, as appropriate) on 4 December 
                      This information is provided by RNS 
            The company news service from the London Stock Exchange