Business
Director/Significant Interest
Director/Significant Interest.
About this update from Gattaca Plc
[{"type":"text","content":"\n Matchtech Group PLC\n09 May 2007\n\n\nMatchtech Group plc\n\n9th May 2007\n\nMatchtech Group plc (the 'Company')\nDirectors' and other notifiable interests\n\n\nThe Company has been notified that on 8th May 2007 Paul Raine, Group Resource\nDirector and Stephen Searle*, a significant shareholder, each sold 300,000\nordinary shares in the Company ('Ordinary Shares') and George Materna, Chairman,\nsold 225,000 Ordinary Shares all at 475p per Ordinary Share, and that on 9th May\n2007 Adrian Gunn, Group Managing Director, sold 7,500 Ordinary Shares at\n467.875p per Ordinary Share, in aggregate a total of 832,500 Ordinary Shares.\n\nFollowing these disposals, their respective remaining disclosable interests in\nthe Company's Ordinary Shares comprise:\n\nGeorge Materna 7,877,405 Ordinary Shares 35.0%\nPaul Raine 1,829,827 Ordinary Shares 8.1%\nStephen Searle* 916,650 Ordinary Shares 4.1%\nAdrian Gunn 398,134 Ordinary Shares 1.8%\n\n*Stephen Searle sold 265,000 Ordinary Shares and retains 881,650 Ordinary\nShares; Sarah Searle, his wife, sold 35,000 Ordinary Shares and retains 35,000\nOrdinary Shares.\n\nArbuthnot Securities agreed to an early release of these 832,500 Ordinary\nShares, and a further 105,019 Ordinary Shares in respect of current and former\nsenior managers, from the lock-in deeds entered into at the time of the\nCompany's admission to trading on AIM in October 2006 in order to satisfy\ninstitutional demand. The terms of the lock-in deeds remain otherwise unaltered\nand in force.\n\nContacts:\n\nMatchtech Group plc 01489 898989\nGeorge Materna, Chairman\n\nArbuthnot Securities 020 7012 2000\nMark Brown / Andrew Fullerton / Ian Williams\n\nEND\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2058,"tagName":"div"}]