REG-Matchtech Group PLC Director/PDMR Shareholding

Released : 31/10/08 15:24

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20081031:Rnse1935H
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RNS Number : 1935H  
  
Matchtech Group PLC  
  
31 October 2008  
  
MATCHTECH GROUP ("the Company")  
  
31 October 2008  
  
The Matchtech Group plc Share Incentive Plan ("SIP")  
  
The Company announces the purchase on 31 October 2008 of 1,529 ordinary shares 
of 1p each in the Company ("Shares") to Matchtech Engineering Limited ("the 
Trustee"), at a price of £2.20 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.  
  
Following this transaction the Trustee will hold 135,831 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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