TransTec PLC - Directors' Shareholdings
July 01 1997 - 4:01AM
UK Regulatory
RNS No 7344b
TRANSTEC PLC
30th June 1997
Notification of directors' interests in shares
TransTec plc ("TransTec") announces that, pursuant to the
placing ("the Placing") of 10 million new ordinary shares in
TransTec at 90p per share ("the Placing Shares") in connection
with the acquisition by TransTec of Vector Plastics ("Vector")
announced earlier today, the following directors of TransTec
have today notified it that they have agreed to take the
number of Placing Shares shown against their respective names
below:-
Number of
Name Placing Shares
----- --------------
R J Rimington 10,000
R G G Carr 250,000
A T Kirkman 10,000
The Placing and the directors' commitments are conditional,
inter alia, on the acquisition of Vector being completed and
the admission of the Placing Shares to the Official List
becoming effective, which is expected to occur on 3 July 1997
when dealings in the Placing Shares are expected to begin.
Following these transactions the holding of each of the above
directors is:-
Total
Total Holding Percentage
following holding of
this enlarged
Name notification issued capital
----- ------------- --------------
R J Rimington:
- Beneficial 217,098 0.12%
- Non
Beneficial 226,110 0.13%
R G G Carr 2,671,585 1.51%
A T Kirkman 47,932 0.03%
For further information please contact:-
TransTec plc
Richard G G Carr
Chief Executive Telephone: 01675 467595
Dresdner Kleinwort Benson
Edward Cumming-Bruce
Jonathan Roe Telephone: 0171 623 8000
END