REG - Kelso Group Holdings - Purchase of Shares & PDMR Shareholding

Kelso groupAnnouncement

16/05/2025 07:00

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RNS Number : 9203I  Kelso Group Holdings PLC  16 May 2025

16 May 2025

 

Kelso Group Holdings Plc

("Kelso" or the "Company")

Purchase of Shares & PDMR Shareholding

 

The Board of Kelso, the main market listed acquisition vehicle, announces it
was notified on 15 May 2025 by The Freelands Pension Trust ("Freelands") that
is had purchased 2,773,130 ordinary shares in Kelso at a price of 2.15p, equal
to 0.7% of the issued share capital of Kelso. Prior to this trade Freelands
held no shares in Kelso.

The sole underlying beneficiary of Freelands is John Goold, CEO of Kelso.
Combined with John Goold's existing shareholding of 41,916,666 shares, this
takes his total beneficial holding to 44,689,796 shares, being 12% of the
issued share capital of Kelso.

 

For further information please contact:

 

 Kelso Group Holdings plc                                      +44 (0) 75 4033 3933
 John Goold, Chief Executive Officer

 Mark Kirkland, Chief Financial Officer

 Jamie Brooke, Chief Investment Officer
 Zeus (Broker)                                                 +44 (0) 20 3829 5000
 Nick Cowles, Louisa Waddell, John Moran (Investment Banking)

 Ben Robertson (Corporate Broking)
 Camarco                                                       +44 (0) 20 3757 4980

 Billy Clegg, Tom Huddart

 

About Kelso

Kelso was established in November 2022 to identify, engage and unlock trapped
value in the UK stock market. Kelso's strategy is to invest in situations
where there is an anomaly between the intrinsic value and prospects of a
company and its stock market valuation. Kelso will, in particular, look for
situations where it believes the sum of the parts of a business is greater
than the current value.

As at Kelso's last results date announced on 23rd April 2025 Kelso set out its
5 investments being NCC Plc at 136p being 27% of the portfolio, Selkirk at
2.4p being 26%,THG plc at 28p being 25%, Angling Direct Plc at 35p being 11%
and TheWorks.co.uk plc at 21p being 11%. There has been no material change to
the portfolio since the last announcement. Prices were as at 22 April 2025.

 

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                                                         John Goold (through The Freelands Pension Trust)
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer (PDMR)
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Kelso Group Holdings plc
 b)  LEI                                                          213800K4RRUZLUE5GC02
 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  Ordinary Shares of 1p each

      Identification Code

                                                                   ISIN: GB00BK1VJS23
 b)  Nature of the transaction                                    Purchase of ordinary shares of 1p each
 c)  Price(s) and volume(s)                                       Price: 2.15p

                                                                  Volume: 2,733,130
 d)  Aggregated information                                       Price: 2.15p

                                                                  Volume: 2,733,130
 e)  Date of transaction                                          15 May 2025
 f)  Place of transaction                                         London Stock Exchange

 

 

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