Flowtech Fluidpower plc Directors purchase shares in the company

Flowtech Fluidpower plc (AIM:FLO), has told DirectorsTalk the following dealings in the Company’s ordinary shares of 100 pence each by certain Directors of the Board.  The dealings took place on 12 and 13 May 2016 and were notified to the Company on 13 May 2016.

 

Director

Number of Ordinary Shares Purchased

Purchase Price per Ordinary Share

Beneficial Interest following the Purchase

Per cent. of the Company’s issued Ordinary Share Capital

 

Sean Fennon

Chief Executive Officer

 

 

 

10,000

 

 

140.0p

 

 

 

219,000

 

 

0.51%

 

Bryce Brooks *

Chief Financial Officer

 

 

 3,000

 

 

 

142.4p

 

 

  

  

 94,000

 

 

 

0.22%

 

Nigel Richens

Senior Non Executive Director

 

 

 

 15,000

 

 

140.0p

 

 

   

 50,000

 

 

0.12%

 

* Note:  Mr Brooks purchased the shares through his SIPP account.

 

In addition Mr Brooks’ wife has sold 27,000 Ordinary Shares held in her name at a price of 141.75p per Ordinary Share. Mr Brooks has then purchased the same number of Ordinary Shares, being 27,000 Ordinary Shares, into his SIPP at the same price, being 141.75p per Ordinary Share.

Following this transaction, Mr Brooks’ interest in Ordinary Shares remains unchanged at 94,000 Ordinary Shares, representing 0.22 per cent. of the Company’s issued Ordinary Share capital.

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