REG-Matchtech Group PLC Director/PDMR Shareholding
Released: 03/03/2008
RNS Number:1782P
Matchtech Group PLC
03 March 2008
MATCHTECH GROUP ("the Company")
3 March 2008
The Matchtech Group plc Share Incentive Plan ("SIP")
The Company announces the purchase, on 29 February 2008, of 1,064 ordinary
shares of 1p each in the Company ("Shares") by Matchtech Engineering Limited
("the Trustee"), at a price of £3.19 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 106,757 Shares, all of which
are held on behalf of eligible employees pursuant to the terms of the SIP.
The beneficial ownership of 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.
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