REG-Matchtech Group PLC Director/PDMR Shareholding

Released : 30/06/08 10:25

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20080630:Rnsd8462X
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RNS Number : 8462X  
  
Matchtech Group PLC  
  
30 June 2008  
  
MATCHTECH GROUP ("the Company")  
  
30 June 2008  
  
The Matchtech Group plc Share Incentive Plan ("SIP")  
  
The Company announces the purchase, on 27 June 2008, of 2,924 ordinary shares of 
1p each in the Company ("Shares") by Matchtech Engineering Limited ("the 
Trustee"), at a price of £2.90 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 HM Revenue & 
Customs as a share incentive plan under Schedule 8 to the Finance Act 2000.  
  
The number of Dividend Shares purchased on this date on behalf of the executive 
directors were as follows:  
  
 
  Director      SIP dividend shares purchased on 27 June 2008   Total SIP holding following purchase*                                                                            
                                                                Shares purchased under SIP   Shares awarded under matching element of SIP   Dividend shares purchased under SIP  
  Paul Raine    27                                              770                          770                                            56                                   
  Tony Dyer     27                                              770                          770                                            56                                   
  Adrian Gunn   27                                              770                          770                                            56                                   
  
  
* excludes interests in Shares held outside the SIP.  
  
Following this transaction the Trustee will hold 132,588 Shares, all of which 
are held on behalf of eligible employees pursuant to the terms of the SIP.  
  
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.  
  
END  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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