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Regulatory Announcement

Company SQS Software Quality Systems AG  
TIDM SQS
Headline Director/PDMR Shareholding
Released    17:01 05-Jan-06
Number 5361W

 

RNS Number: 5361W
SQS Software Quality Systems AG
05 January 2006

SQS Software Quality Systems AG ("SQS" or "the Company")

Director Shareholding

The Company announces that Rudolf van Megen, a director of the Company, has previously entered into a binding commitment to transfer 81,347 ordinary shares of EUR 1 each in the Company ("Ordinary Shares") to employees for nil consideration pursuant to prior trust arrangements. The Company will make a further announcement in due course with the date when such transfer becomes effective. Following completion of this transfer, Mr Van Megen's interest will be 4,590,191 Ordinary Shares representing approximately 29.12 per cent. of the Company's current total issued ordinary share capital.

The Company also announces that Heinz Bons, a director of the Company, has previously entered into a binding commitment to transfer 17,642 ordinary shares of EUR 1 each in the Company ("Ordinary Shares") to employees for nil consideration pursuant to prior trust arrangements. The Company will make a further announcement in due course with the date when such transfer becomes effective. Following completion of this transfer, Mr Bons' interest will be 4,242,570 Ordinary Shares representing approximately 26.91 per cent. of the Company's current total issued ordinary share capital.

5 January 2006

This information is provided by
RNS The company news service from the London Stock Exchange

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