Director Dealing

Pulsar

13/05/2025 12:17

RNS Number : 4834I

Pulsar Group PLC

13 May 2025

 

Pulsar Group plc ("the Company")

Directors' Dealings

Pulsar Group plc (AIM: PULS) today announces that following dealings by directors in the recent placing announced by the Company.

Name
Number of ordinary shares acquired
Price per ordinary share
Total beneficial interest post admission
% of ISC
Christopher Satterthwaite
26,315
38p
120,911
0.09%
Joanna Arnold
39,473
38p
793,754
0.59%
Mark Fautley
39,473
38p
119,284
0.09%
Sarah Vawda
13,157
38p
29,823
0.02%

 

In addition, the Company has been notified that Kestrel Partners LLP ("Kestrel"), on behalf of its discretionary client accounts, has purchased 3,142,449 ordinary shares in the Company at a price of £0.38 per ordinary share.

Mr Royde, a Non-Executive Director of the Company, 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 the Company.

Following this transaction, Kestrel Opportunities holds (and consequently Mr Royde is deemed to have a beneficial interest in) 20,227,082 ordinary shares in the Company, and other clients of Kestrel, in which Mr Royde has no beneficial interest hold 18,872,612 ordinary shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 39,099,694 Ordinary Shares in the Company, which represents 28.84% per cent of the total voting rights in the Company.

Kestrel's interest in the Ordinary Shares in the Company is held through the following nominees:

Holding type
Nominee
No. of Ordinary Shares
% of total voting rights
Indirect
Bank of New York Nominees Ltd
20,227,082
14.92%
Indirect
JIM Nominees Limited
2,407,591
1.78%
Indirect
Bank of New York Nominees Ltd
10,576,173
7.80%
Indirect
Northern Trust Company AVFC
5,888,848
4.34%

 

For further information contact:

Pulsar Group plc
Joanna Arnold (CEO)
Mark Fautley (CFO)
020 3426 4070
Cavendish Capital Markets Limited (Nominated Adviser and Broker)
Corporate Finance:
Marc Malmo / Isaac Hooper / Elysia Bough
Corporate Broking:
Sunila de Silva
020 7220 0500


 

 ANNEX

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Christopher Satterthwaite
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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
Ordinary shares of 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
8 May 2025
Price(s)
Volume(s)
0.38
26,315
d)
Aggregated information
- Aggregated volume
- Price
Purchased 26,315 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Joanna Arnold
2
Reason for the notification
a)
Position/status
CEO
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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
Ordinary shares of 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
8 May 2025
Price(s)
Volume(s)
0.38
39,473
d)
Aggregated information
- Aggregated volume
- Price
Purchased 39,473 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Fautley
2
Reason for the notification
a)
Position/status
CFO
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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
Ordinary shares of 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
8 May 2025
Price(s)
Volume(s)
0.38
39,473
d)
Aggregated information
- Aggregated volume
- Price
Purchased 39,473 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sarah Vawda
2
Reason for the notification
a)
Position/status
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
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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
Ordinary shares of 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
8 May 2025
Price(s)
Volume(s)
0.38
13,157
d)
Aggregated information
- Aggregated volume
- Price
Purchased 13,157 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Kestrel Partners LLP
2
Reason for the notification
a)
Position/status
PCA - 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
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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
Ordinary shares of 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
8 May 2025
Price(s)
Volume(s)
0.38
3,142,449 shares
d)
Aggregated information
- Aggregated volume
- Price
Purchase total 3,142,449 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)

 

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