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QAR Questair Tech

15.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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 Director Purchase under Share Purchase Plan

04/12/2008 7:00am

UK Regulatory


    QuestAir Announces Director Purchases under Employee Share Purchase Plan

    VANCOUVER, Dec. 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, Andrew Hall, President and Chief Executive
Officer, and Sherry Tryssenaar, Chief Financial Officer, are participants in
the Plan. Under the Plan, Mr. Hall and Ms. Tryssenaar purchased shares on
December 2, 2008 at an average price of CAD$0.2079.

    -   Mr. Hall purchased 12,027 shares bringing his total holdings to
        12,379 common shares, or 0.11% of shares outstanding.

    -   Ms. Tryssenaar purchased 15,703 shares bringing her total holdings to
        44,288 common shares, or 0.39% of shares outstanding.

    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
biogas production, natural gas processing and oil refining. 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: Contact 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: Ian Noble or Stephen Burega, Karyo Communications, Phone: (604)
623-3007
(QAR.)



END



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