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Director/PDMR Dealing and Holdings in Company

Wednesday, 18 September 2013 22:00

NORCON PLC

("Norcon" or the "Company")

 

Director/PDMR Dealing and Holdings in Company

 

Norcon (AIM: NCON), the global communications network specialist, was notified on 18 September 2013 of the following transactions:

 

Trond Tostrup, Executive Chairman, purchased a total of 100,000 ordinary shares in Norcon at an average price of 15.95p per share on 18 September 2013. Further to this acquisition, Trond Tostrup is interested in a total of 372,222 ordinary shares, which represents 0.76% of Norcon's issued share capital and voting rights.

 

Stephen Preston, Chief Executive Officer of operating company Norconsult Telematics Ltd, purchased a total of 10,000 ordinary shares in Norcon at an average price of 15.3p per share on 18 September 2013. Further to this acquisition, Stephen Preston is interested in a total of 77,377 ordinary shares, which represents 0.16% of Norcon's issued share capital and voting rights.

 

Norconsult Telematics Holding Ltd. purchased 1,500,000 ordinary shares in Norcon on 18 September 2013. Norconsult Telematics Holding Ltd. is now interested in 24,528,911 ordinary shares, which represents 50.26% of Norcon's issued share capital and voting rights.

 

For further information, please contact:

 

Norcon plc

 

Trond Tostrup, Executive Chairman

+47 901 69369

 

 

finnCap

 

Stuart Andrews/Charlotte Stranner (Corporate Finance)

+44 (0) 20 7220 0500

Stephen Norcross (Corporate Broking)

 

 

ABOUT NORCON:

 

Established in 1957, Norcon (LSE/AIM: NCON) has been a trusted consultant and project manager for more than half a century to governments and some of the world's largest global firms.  These organisations rely on Norcon to select, implement and maintain a communication infrastructure that not only matches, but also supports the critical needs of their operations.  Norcon's strength lies in its understanding of complex communication networks and their design.

 

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