2 Jul 2012 12:10
2 July 2012
Nasstar plc
("Nasstar" or the "Company")
Director Shareholding
Nasstar, the cloud service provider, announces that on 29 June 2012 Lord Daresbury, Chairman of Nasstar, transferred 733,337 ordinary 1p shares in the Company ("Ordinary Shares") at a price of 11.125p per Ordinary Share from his SIPP 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 10.62 per cent. of Nasstar's issued share capital.
For further information, please contact:
Nasstar plc |
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Charles Black, Chief Executive Officer | 020 7148 5000 |
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Allenby Capital Limited, Nominated Adviser and Broker | ||
Nick Naylor James Reeve | 020 3328 5656 |
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About Nasstar plc
Nasstar (www.nasstar.com) 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. Hosted Desktop 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.
Nasstar was founded in 1998 by Charles Black. Nasstar plc was admitted to trading on the London Stock Exchange Alternative Investment Market in December 2005 (AIM: NASA).