FLOWTECH FLUIDPOWER PLC — Director's Dealing 2015

Nov 24, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6938G

Flowtech Fluidpower PLC

24 November 2015

Tuesday, 24 November 2015	Immediate Release
Flowtech Fluidpower plc ("Flowtech" ,"Company" or "Group") Directors' Dealings

Flowtech Fluidpower plc (AIM:FLO), announces the following dealings in the Company's ordinary shares of 100 pence each ("Ordinary Shares") by each of the Directors of the Board.  The dealings, which took place and were notified to the Company on 23 November 2015, are set out below:

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 Caital
Malcolm Diamond Chairman	10,000	108.00 pence	35,000	0.08%
Sean Fennon Chief Executive Officer	20,000	107.25 pence	209,000	0.49%
Bryce Brooks (Note) Chief Financial Officer	10,000	107.25 pence	91,000	0.21%
Nigel Richens Senior Non Executive Director	10,000	108.00 pence	35,000	0.08%

Note: Bryce Brooks purchased the shares through his SIPP.  Following the purchase Bryces's beneficial interest comprises 57,200 Ordinary Shares in his SIPP and 33,800 Ordinary Shares held by his wife. Enquiries:
Flowtech Fluidpower plc AIM: FLO Sean Fennon, Chief Executive Officer Bryce Brooks, Chief Financial Officer & Company Secretary Tel: +44 (0) 1695 52796 Email: info@flowtechfluidpower.com www.flowtechfluidpower.com
Zeus Capital Limited (Nominated Adviser and Broker) Andrew Jones Dominic King Ross Andrews Tel: +44 (0) 207 533 7727
TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: +44 (0) 7785 703523 Email: fiona@tooleystreet.com

Editors' note:

Flowtech Fluidpower plc, founded as Flowtech in 1983, is the UK's leading specialist supplier of technical fluid power products with modern distribution facilities in the UK and Benelux.  It offers an unrivalled range of Original Equipment Manufacturer (OEM) and Exclusive Brand products to over 3,000 distributors and resellers. Its catalogue is recognised as the definitive source for fluid power products, containing approximately 50,000 individual product line and  is distributed to more than 90,000 industrial Maintenance, Repair and Overhaul end users (MRO).  Over 80% of product is stocked and if ordered by 10pm, can be delivered next day in the UK, providing 'best in industry' service offering.  The Group's headquarters and main distribution centre is in Skelmersdale, Lancashire with further distribution centres in the Netherlands and China and an assembly operation in Merseyside; in total the business employs 229 people.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSKMMZMLFMGKZM