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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Clean Dsl Reg S | LSE:CDTI | London | Ordinary Share | COM SHS USD0.01 (REG S) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 300.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8213K Clean Diesel Technologies, Inc 31 December 2007 NEWS RELEASE for December 31, 2007 at 12:00 PM GMT Clean Diesel Technologies, Inc Share Transactions; Directors' Shareholdings; and Total Voting Rights Stamford, CT - December 31, 2007 - Clean Diesel Technologies, Inc. (NASDAQ:CDTI & AIM:CDT/CDTI & XETRA:CDI), provider of innovative technologies and solutions that reduce emissions, conserve fuel and improve engine performance, today announced that all holders of its Class B Warrants have exercised their Warrants. These holders purchased 690,490 shares of common stock generating $8.6 million gross proceeds for the Company - $8.3 million, net of placement fees. The Class B Warrants were issued in connection with the Company's December 2006 Private Placement announced on January 3, 2007. The Class B Warrants expired on December 29, 2007 and were exercisable at $12.50 per share of the Company's common stock, par value $0.01. One Class B Warrant for 9,500 shares was exercised in July 2007. Directors and officers who acquired shares of common stock upon exercise of the Class B Warrants include the following: Derek Gray - 3,703 shares; John de Havilland - 2,500 shares; Walter Copan - 740 shares; and Ann Ruple - 370 shares. As of December 31, 2007, the directors or officers of the Company held shares of the Company's common stock and had been issued options and warrants to acquire shares as indicated below: Options and Name and Title No. of Shares Warrants John de Havilland, Director 13,288 43,263 Derek Gray, Chairman of the Board 142,467 71,450 John McCloy, Director 7,444 25,000 Dave F. Merrion, Director - 23,000 Bernhard Steiner, CEO & President 34,090 133,000* Charles W. Grinnell, Vice President & General Counsel 5,881 53,500* Walter Copan, EVP-N. American Operations, CTO 5,061 62,500* Timothy Rogers, EVP-International Operations 740 55,333* Ann Ruple, Vice President, Treasurer & CFO 2,421 30,000* * Not all options are currently exercisable. For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of shares in the Company in issue as at the date of this notice is 8,124,056 with each share carrying the right to one vote. There are no shares held in treasury. The total number of voting rights in the Company is therefore 8,124,056. Shareholders may use the above figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules. Taking into account all outstanding options and warrants as of December 31, 2007, there were approximately 9.2 million shares of the Company's common stock on a fully diluted basis. About Clean Diesel Technologies, Inc. Clean Diesel Technologies, Inc., together with its wholly-owned subsidiary, Clean Diesel International, LLC, is a clean energy and environmental technology company that provides innovative solutions to reduce harmful engine emissions and conserve energy. Clean Diesel's patented technologies, products and solutions enable cost-effective reduction of harmful emissions from internal combustion engines while also improving fuel economy and power. Products include Platinum Plus(R) fuel-borne catalysts, the Platinum Plus Purifier Systems, the ARIS(R) urea injection systems for selective catalytic reduction of NOx, diesel particulate filter and biofuels technologies. Their products are in commercial use around the world. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc. For more information, visit Clean Diesel at www.cdti.com or contact the Company directly. Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the US Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further information: Clean Diesel Technologies, Inc. http://www.cdti.com Ann Ruple, CFO & Vice President & Treasurer 300 Atlantic Street, Suite 702 Email: aruple@cdti.com Stamford, CT 06901-3522 Tel: +1 (203) 327-7050 J. M. Finn & Co. Ltd www.jmfinn.com Matthew Robinson Tel: +44 (0) 207 600 1658 matthew.robinson@jmfinn.com -Ends- This information is provided by RNS The company news service from the London Stock Exchange END RDSBGBDDISXGGRB
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