REG - Ingenta PLC - Director/PDMR Shareholding
RNS Number : 1762PIngenta PLC06 February 20196th February 2019
Ingenta plc
Directors' Dealings
Ingenta plc (LSE:ING, "Company" or "Ingenta") received notification on 5th February 2019 from Kestrel Partners LLP ("Kestrel") that on 5th February 2019 it acquired, on behalf of its discretionary clients, 25,000 ordinary shares of 10p each ("Shares") in the Company at a price of £0.73 per share. The notification also included the matters set out below.
Kestrel is the investment manager to Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities"), and various other clients. This disclosure relates to indirect Shares and voting rights in the Company that are managed by Kestrel on a discretionary basis.
Mr. Royde is a partner of, and holds a beneficial interest in Kestrel. Mr. Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in Ingenta.
Prior to this purchase of Shares, Kestrel on a combined basis indirectly held Shares and voting rights over 4,576,754 Shares in the Company.
Kestrel Opportunities holds (and consequently Mr. Royde is deemed to have a beneficial interest in) 3,425,983 Shares in the Company. The 25,000 shares were purchased on behalf of Kestrel's other discretionary clients, in which Mr Royde has no beneficial interest, who, following this transaction, hold a further 1,175,771. Shares in the Company.
Following this transaction and on a combined basis, Kestrel indirectly holds voting rights over 4,601,754 Shares in the Company, which represents approximately 27.20% per cent of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through the following nominees:
Holding type
Nominee
No. of shares
% of issued share capital
Indirect
Bank of New York Nominees Ltd
3,425,983
20.25%
Indirect
JIM Nominees Limited
281,531
1.66%
Indirect
Bank of New York Nominees Ltd
894,240
5.29%
For further information contact:
Ingenta Plc
Scott WinnerJon Sheffield
+44 (0) 1865 397 800
Cenkos Securities plc
Nicholas WellsHarry Hargreaves
+44 (0) 20 7397 8900
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Kestrel Partners LLP
2
Reason for the notification
a)
Position/status
Person closely associated with Max Royde, Non-Executive Director
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ingenta plc
b)
LEI
213800QU4IVLTQZL3T37
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
10p Ordinary Shares
ISIN: GB00B3BDTG73
b)
Nature of the transaction
Purchase
c)
Price(s) and volume(s)
Price(s)
Volume(s)
GBP 0.73
25,000 Shares
d)
Aggregated information
- Aggregated volume
- Price
25,000
£18,250
e)
Date of the transaction
2019-02-05
f)
Place of the transaction
AIMX
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