Corporate News
Directors’ share purchases
The following amendment has been made to the 'Directors’ share purchases' announcement released on 11 December 2008 at 16.18 under RNS No 9923J
The shares were acquired at US$10/share or the equivalent to £6.11 and £5.81, respectively.
Contact details have been updated. All other details remain unchanged.
The full amended text is shown below.
Directors’ share purchases
Armor Designs, Inc., (“ADI”, or the “Company”), the developer of next-generation composite armour, announces that it was informed on December 10, 2008 that David Seaton, the Company’s Chief Financial Officer and Ardeshir Sidhwa, the Company’s Chief Operating Officer have now received shares acquired in the Company on October 29, 2008 and on October 15, 2008, respectively. The shares were acquired at US$10/share or the equivalent to £6.11 and £5.81, respectively. Following the share purchases their holdings are as follows:
| Director | No. of Shares purchased | Total Shareholding following the purchase of shares | % Shareholding |
| David Seaton | 37,000 | 37,000 |
0.14% |
| Ardeshir Sidhwa | 5,000 | 5,000 |
<0.1% |
For further information:
| Armor Designs, Inc. | |
| Charles Snyder, CEO | Tel: +1 602 275 4633 |
| charles.snyder@armordesigns.com | www.armordesigns.com |
| Zimmerman Adams International Limited | |
| Graeme Thom / Thilo Hoffmann | Tel: +44 (0) 20 7398 2900 |
| graemet@zimmint.com | www.zimmint.com |
| Alexander David Securities Limited | |
| David Scott / Nick Bealer | Tel: +44 (0) 20 7448 9820 |
Media enquiries:
| Brunswick Group LLP | |
| Michael Harrison/ Chris Blundell/ Camilla Gore | Tel: +44 (0) 20 7404 5959 |
Notes to Editors
Armor Designs, Inc. (“ADI”) is a next-generation composite materials company developing applications and products for the armour industry. ADI uses a proprietary design and manufacturing process called VCM to rapidly develop new composite armour products of superior ballistic, weight and flexibility. The VCM process is protected by patents and trade secrets licensed to ADI in perpetuity for use in field of armour.
For more information, please go to: www.armordesigns.com
Disclaimer - important
Electronic versions of the materials you are seeking to access are being made available on this website by Armor Designs, Inc. ("Armor Designs") pursuant to the AIM rules for companies published by the London stock exchange as a consequence of the fact that the common shares of armor designs are admitted to trading on the AIM market of the London Stock Exchange.
Non-U.S. persons
These materials are not directed to nor are they intended for access by persons located or resident in the United States.
None of the securities of Armor Designs discussed or referred to in the materials you are seeking to access have been registered under the US securities act 1933, as amended ("securities act") and may not be offered, sold, pledged or otherwise transferred except (1) in an offshore transaction meeting the requirements of rule 903 or rule 904 of regulation s under the securities act, (2) pursuant to an effective registration statement under the securities act, or (3) pursuant to an available exemption from the registration requirements of the securities act, in each case in accordance with all applicable securities laws.