30 June 2009
Turbotec Products Plc
("Turbotec" or "the Company")
Directors' Dealings
The board of Turbotec, the designer and manufacturer of high performance, high quality heat exchangers and heat transfer tubing, was informed on 29 June 2009 of the following purchases of ordinary shares of 1 pence each in the share capital of the Company ("Ordinary Shares") by certain of its directors:
|
|
Number of
Ordinary Shares
purchased by the
Director
|
Price paid per
Ordinary Share
(pence)
|
Total number of
Ordinary Shares
beneficially held by
the Director
following purchase
|
Percentage
of the Company’s
issued
share capital
|
|
|
||||
|
|
||||
|
|
||||
|
|
||||
|
Sunil Raina (Managing Director)
|
50,000
|
22
|
50,000
|
0.39%
|
|
Robert Lieberman (Finance Director)
|
15,000
|
22
|
15,000
|
0.12%
|
|
Tom Nairn (Non-executive Chairman)
|
40,000
|
24
|
51,500
|
0.40%
|
|
Rob Lowe (Non-executive Director)
|
50,000
|
24
|
51,500
|
0.40%
|
All of the above purchases of Ordinary Shares took place on 29 June 2009.
In addition to their beneficial holdings of Ordinary Shares in the issued share capital of the Company, the above directors also hold options ("Options") over Ordinary Shares pursuant to the Company's Unapproved Share Option scheme as follows ("Unapproved Scheme"):
|
|
Total no. of Options |
|
|
awarded to date under |
|
|
the Unapproved |
|
|
Scheme |
|
|
|
|
Sunil Raina |
260,000 |
|
Robert Lieberman |
140,000 |
|
Tom Nairn |
90,000 |
|
Rob Lowe |
65,000 |
- Ends -
For further information please contact:
|
Turbotec Products PLC |
|
|
Sunil Raina, Managing Director SRaina@turbotecproducts.com |
Tel: +1 (860) 731 4200 |
|
Robert Lieberman, Finance Director RLieberman@turbotecproducts.com |
www.turbotecproducts.com |
|
Evolution Securities Limited |
|
|
Joanne Lake / Peter Steel |
Tel: +44 (0) 113 243 1619 |
Media enquiries:
|
Abchurch Communications |
|
|
Charlie Jack |
Tel: +44 (0) 207 398 7700 |
|
Jack Ballantyne |
|
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