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Director Shareholding

17 Jul 2012 13:24

RNS Number : 8553H
Nasstar PLC
17 July 2012
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17 July 2012

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Nasstar plc

("Nasstar" or the "Company")

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Director Shareholding

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Nasstar, the cloud service provider, announces that on 16 July 2012 Lord Daresbury, Chairman of Nasstar, transferred 753,205 ordinary 1p shares in the Company ("Ordinary Shares") at a price of 11.125p per Ordinary Share from his personal ownership to Corporation of Lloyds, Nameco (no 76), a trust of which Lord Daresbury is a beneficiary (the "Transfer"). Following the Transfer, Lord Daresbury's beneficial interest in the Company has not changed and remains at 5,701,062 Ordinary Shares, equivalent to 10.60 per cent. of Nasstar's issued share capital.

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For further information, please contact:

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Nasstar plc

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Charles Black, Chief Executive Officer

020 7148 5000

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Allenby CapitalĀ Limited, Nominated Adviser and BrokerĀ 

Nick Naylor

James Reeve

020Ā 3328 5656

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About Nasstar plc

NasstarĀ (www.nasstar.com)Ā provides Hosted Desktop, a cloud computing service that enables subscribers to access their desktop, applications and data in the cloud rather than using local hard drives.Ā Hosted DesktopĀ is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate desktop solution that can be accessed globally and in multiple languages and cost savings when compared to the traditional IT ownership model, replacing capital expenditure with a simple usage based payment model.

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Nasstar was founded in 1998 by Charles Black.Ā Nasstar plc was admitted to trading on the London Stock Exchange Alternative Investment Market in December 2005 (AIM: NASA).

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This information is provided by RNS
The company news service from the London Stock Exchange
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