REG - Pulsar Group PLC - Director Dealing
13/05/2025 12:30
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250513:nRSM4834Ia&default-theme=true
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 020 3426 4070
Joanna Arnold (CEO)
Mark Fautley (CFO)
Cavendish Capital Markets Limited (Nominated Adviser and Broker) 020 7220 0500
Corporate Finance:
Marc Malmo / Isaac Hooper / Elysia Bough
Corporate Broking:
Sunila de Silva
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 Ordinary shares of 5 pence each ("Ordinary Shares")
Identification code
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 Purchased 26,315 shares at a price of GBP 0.38.
- Price
e) Date of the transaction 8 May 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
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 Ordinary shares of 5 pence each ("Ordinary Shares")
Identification code
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 Purchased 39,473 shares at a price of GBP 0.38.
- Price
e) Date of the transaction 8 May 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
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 Ordinary shares of 5 pence each ("Ordinary Shares")
Identification code
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 Purchased 39,473 shares at a price of GBP 0.38.
- Price
e) Date of the transaction 8 May 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
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 Ordinary shares of 5 pence each ("Ordinary Shares")
Identification code
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 Purchased 13,157 shares at a price of GBP 0.38.
- Price
e) Date of the transaction 8 May 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
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 Ordinary shares of 5 pence each ("Ordinary Shares")
Identification code
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 Purchase total 3,142,449 shares at a price of GBP 0.38.
- Price
e) Date of the transaction 8 May 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
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)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHSFIFFDEISEFIRecent news on Pulsar
See all newsREG - Pulsar Group PLC - Result of Annual General Meeting
AnnouncementREG - Pulsar Group PLC - TR - 1
AnnouncementREG - Pulsar Group PLC - Director Dealing
AnnouncementREG - Pulsar Group PLC - TR-1
AnnouncementREG - Pulsar Group PLC - Result of Placing, Related Parties & TVR
Announcement