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HYR - Hydrodec News Story

3.8p 0.0  0.0%

Last Trade - 18/09/20

Market Cap £1.08m
Enterprise Value £11.6m
Revenue £12.1m
Position in Universe 1778th / 1807

Directors Dealing

Wed 1st February, 2012 2:25pm
RNS Number : 6160W
HydroDec Group plc
01 February 2012
 



01 February 2012

 

Hydrodec Group plc

("Hydrodec" or the "Company")

 

Director's dealing in securities

 

The Company has today received notification that Ian Smale, the new Chief Executive of Hydrodec, has today purchased 400,000 ordinary shares in the Company ("Shares") at 12.75p per Share. Mr Smale's total holding of 400,000 Shares represents 0.1 per cent. of the issued voting share capital of the Company.

 

For further information please contact:

Hydrodec Group plc

020 7786 9810

Mike Preen, Head of Corporate and Legal Affairs 

 

Numis Securities Limited

020 7260 1000

Nominated Adviser: Hugh Jonathan

Corporate Broker: David Poutney, Alex Ham


 

Luther Pendragon

020 7618 9100       

Neil Thapar, Alexis Gore

 

 

Notes to Editors:

 

Hydrodec's technology is a proven highly efficient oil re-refining and chemical process which was initially targeted at the multi-billion US$ market for transformer oil used by the world's electricity industry and now supplies oil to several other industries. Hydrodec takes spent transformer oil, including polychlorinated biphenyl ("PCB") contaminated oil, as the primary feedstock, which is then processed at its two plants enabling 99 per cent or greater recovery of oil for reuse while also eliminating PCBs, a toxic additive banned under international regulations, without environmentally harmful emissions.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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