REG - Pulsar Group PLC - Directors’ Dealings

PulsarAnnouncement

07/10/2024 09:45

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RNS Number : 1775H  Pulsar Group PLC  07 October 2024

7 October 2024

 

Pulsar Group plc ("the Company")

Directors' Dealings

Pulsar Group plc (AIM: PULS) received notification on 4 October 2024 from
Kestrel Partners LLP ("Kestrel") that on 4 October 2024 Kestrel purchased, on
behalf of its discretionary client accounts, an aggregate of 73,409 ordinary
shares of 5 pence each ("Ordinary Shares") in the Company at an average price
of £0.5757 per Ordinary Share.

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 the Company.

Following this transaction, Kestrel Opportunities holds (and consequently Mr
Royde is deemed to have a beneficial interest in) 18,085,921 Ordinary Shares
in the Company, and other clients of Kestrel, in which Mr Royde has no
beneficial interest hold 17,771,324 Ordinary Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 35,857,245
Ordinary Shares in the Company, which represents 28.08 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  18,085,921              14.16%
 Indirect      JIM Nominees Limited           2,385,250               1.87%
 Indirect      Bank of New York Nominees Ltd  9,497,226               7.44%
 Indirect      Northern Trust Company AVFC    5,888,848               4.61%

 

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 / Fergus Sullivan

 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                                                         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)                                       4 October 2024

                                                            Price(s)  Volume(s)

                                                                   0.5890    38,409 shares
                                                                   4October 2024
                                                                   Price(s)  Volume(s)

                                                                   0.5611    35,000 shares
 d)   Aggregated information

      - Aggregated volume                                          Purchase total 73,409 shares at an average price of GBP 0.5757.

      - Price

 e)   Date of the transaction                                      4 October 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

 

Aggregated information

- Aggregated volume

- Price

 

Purchase total 73,409 shares at an average price of GBP 0.5757.

 

 

 

e)

 

Date of the transaction

4 October 2024

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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