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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Questair Tech | LSE:QAR | London | Ordinary Share | CA74836V2057 | COM SHS NPV (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
QuestAir Announces Director Purchases under Employee Share Purchase Plan VANCOUVER, June 4 /CNW/ - QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) announced today that two executive Directors have purchased common shares under the company's Employee Share Purchase Plan ("Plan"). Purchases under the Plan are made on behalf of participants by the Plan's independent administrator on the Toronto Stock Exchange at regular quarterly intervals. Two executive Directors, Jonathan Wilkinson, President and Chief Executive Officer, and Sherry Tryssenaar, Chief Financial Officer, are participants in the Plan. Under the Plan, Mr. Wilkinson and Ms. Tryssenaar purchased shares on June 3, 2008 at an average price of CAD$0.135. - Mr. Wilkinson purchased 37,931 shares bringing his total holdings to 181,125 common shares, plus 334,000 subscription receipts. If the subscription receipts are converted to common shares under the terms of the recently completed offering, Mr. Wilkinson will own 515,125 common shares, representing 0.46% of the total shares outstanding (assuming conversion of all subscription receipts). - Ms. Tryssenaar purchased 24,507 shares bringing her total holdings to 60,955 common shares, plus 166,600 subscription receipts. If the subscription receipts are converted to common shares under the terms of the recently completed offering, Mr. Tryssenaar will own 227,555 common shares, representing 0.20% of the total shares outstanding (assuming conversion of all subscription receipts). Disclosure of the Directors dealings under this Plan is made pursuant to the rules governing the operation of AIM as established by the London Stock Exchange Plc. About QuestAir Technologies Inc. QuestAir Technologies, Inc. is a developer and supplier of proprietary gas purification systems for several large international markets, including existing markets such as oil refining, biogas production and natural gas processing, and emerging markets such as fuel cell power plants and fuel cell vehicle refueling stations. QuestAir is based in Burnaby, British Columbia and its shares trade on the AIM Market of the London Stock Exchange Plc. and on the Toronto Stock Exchange under the symbol "QAR". Forward Looking Statements Certain statements in this press release may constitute "forward-looking" statements which involve known and unknown risks, 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. When used in this press release, such statements use such words as "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "will" and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this press release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. For further information: QuestAir Technologies Inc., Sherry Tryssenaar, Chief Financial Officer, Phone: (604) 453-6902, Email: tryssenaar(at)questairinc.com, Web: www.questairinc.com; Canaccord Adams: Robert Finlay, Phone: +44 207 050 6500, UK media contact: Charles Ryland, Ben Willey, Buchanan Communications, Phone: +44 (0) 20 7466 5000; Canadian media contact: Stephen Burega, Karyo Communications, Phone: (604) 623-3007 (QAR) END
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