("Turbotec" or "the Company")
Director/PDMR Shareholdings
The board of Turbotec Products Plc (TRBO.L), the designer and
manufacturer of energy efficient heat exchangers and heat
transfer tubing, is pleased to announce that on 26
April 2012, Sunil Raina acquired 102,000 ordinary shares of 1
pence each in the share capital of the Company ("Ordinary
Shares") and Robert Lieberman also acquired
102,000 Ordinary Shares. The Ordinary Shares were acquired in
each case from Thermodynetics, Inc, one of the Company's
major shareholders, in lieu of repayment of loans of
US$50,000 each made by each of Messrs Raina and Lieberman to
Thermodynetics, Inc in February 2012.
Following these transactions, Thermodynetics, Inc is now
interested in 2,508,407
Ordinary Shares, representing 19.6% of the Company's
issued share capital, Mr Raina now holds 167,000 Ordinary
Shares, representing 1.3% of the Company's issued share
capital and Mr Lieberman now holds 122,000 Ordinary Shares,
representing 0.96% of the Company's issued share
capital. In addition, Mr Raina is also interested in options
over 520,000 Ordinary Shares granted under the Company's
Unapproved Share Option Scheme and Mr Lieberman is also
interested in options over 265,000 Ordinary Shares granted
under the Company's Unapproved Share Option Scheme.
Robert Lowe, Non Executive Chairman
RLowe@trbohx.com
Sunil Raina, Managing Director
SRaina@trbohx.com
+44 (0) 79 1714 8930
Tel: +1 (860) 731-4200 www.turbotecproducts.com
Robert Lieberman, Finance Director
RLieberman@trbohx.com
Guy Peters, Corporate Finance
Paul Jewell, Corporate Broking
Tel: +44 (0) 20 7107 8000 www.seymourpierce.com
Mark Dixon
mark.dixon@abchurch-group.com
Tel: +44 (0)20 7398 7729 www.abchurch-group.com
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