Director's Dealing
15 10월 2010 - 10:54PM
UK Regulatory
TIDMOPT
RNS Number : 4977U
Ocean Power Technologies Inc
15 October 2010
DIRECTOR'S DEALING
Pennington, NJ - October 15 2010 -- Ocean Power Technologies, Inc. (Nasdaq: OPTT
and London Stock Exchange AIM: OPT) ("OPT" or the "Company") announces that it
received notification on October 14, 2010 that Paul F. Lozier a director of OPT,
had sold, on October 12, 2010, 4,000 shares of common stock at prices ranging
from US$5.70 per share to US$5.75 per share.
Following this sale Mr. Lozier holds 10,088 shares, representing 0.10% of the
Company's issued share capital.
About Ocean Power Technologies
Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT)
is a pioneer in wave-energy technology that harnesses ocean wave resources to
generate reliable and clean and environmentally-beneficial electricity. OPT has
a strong track record in the advancement of wave energy. The Company
participates in a $150 billion annual power generation equipment market. OPT's
proprietary PowerBuoy system is based on modular, ocean-going buoys that
capture and convert predictable wave energy into clean electricity. The Company
is widely recognized as a leading developer of on-grid and autonomous
wave-energy generation systems, benefiting from over a decade of in-ocean
experience. OPT's systems are insured by Lloyds Underwriters of London. OPT is
headquartered in Pennington, New Jersey with an office in Warwick, UK. More
information can be found at www.oceanpowertechnologies.com.
**********
Contact information:
+----------------------------------------+---------------------------------+
| Ocean Power Technologies, Inc. | |
| Charles F. Dunleavy, Chief Executive | Telephone: +1 609 730 0400 |
| Officer | |
| Brian M. Posner, Chief Financial | |
| Officer | |
+----------------------------------------+---------------------------------+
| Nomura Code Securities Limited | |
| Juliet Thompson, Richard Potts | Telephone: +44 20 7776 1200 |
+----------------------------------------+---------------------------------+
| Media Contact: | |
| Corfin Public Relations | |
| Neil Thapar, Claire Norbury | Telephone: +44 20 7596 2860 |
| | |
+----------------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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