SABIEN TECHNOLOGY GROUP PLC — Director's Dealing 2015

Jul 28, 2015

National Storage Mechanism | Additional information

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RNS Number : 3345U

Sabien Technology Group PLC

28 July 2015

28 July 2015

Sabien Technology Group plc

("Sabien" or "the Company")

Director's holding

Further to today's announcement, Sabien confirms that Karl Monaghan will, as part of the placing, receive 140,000 shares at 7 pence per share. As a result, after 3 August 2015, Karl Monaghan's holding in Sabien will be 1,397,945 ordinary shares representing 3.2 per cent of the Company's enlarged issued share capital."

For further information:

Sabien Technology Group plc

Alan O'Brien, CEO                                                                                +44 (0) 20 7993 3700 

Gus Orchard, CFO                                              

Westhouse Securities Ltd

Andy Crossley, Antonio Bossi, Rose Ramsden                               +44(0)20 7601 6100

Background:

Sabien Technology is a UK-based company which specialises in providing proven and commercially viable technology to reduce carbon emissions and energy usage for private and public organisations.

The M2G is a patented energy efficient technology designed to reduce fuel consumption in commercial boilers. M2G dynamically responds to changing load demand by measuring, identifying and removing dry cycling thus maximising efficiency under all conditions.

M2G is retro-fitted to commercial boilers regardless of age and size and fully integrates and complements existing controls, such as BMS, boiler sequencing, weather compensation and building optimisation controls.

Using intelligent software and hardware, the M2G unit improves a boiler's efficiency by reducing energy wastage. For further information, please visit our website www.sabien-tech.co.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

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