23 Mar 2011 16:45

23 March 2011
Nasstar plc
("Nasstar" or the "Company")
Director dealings
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Nasstar plc, the hosted desktop cloud computing provider, announces that on 23 March 2011 Tony Eve, Nasstar's Finance Director, undertook the following transactions in the Company's shares: i) the sale of 71,724 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 15.25p per share; and ii) the subsequent purchase of 70,957 Ordinary Shares at a price of 15.3p per share, which were transferred into Mr Eve's SIPP. As a result of these transactions Tony Eve now holds 312,885 Ordinary Shares representing 0.88% of Nasstar's total issued share capital.
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For further information:-
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Nasstar plc | Â | |
Charles Black, Chief Executive Officer | 020 7148 5000 | Â |
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Allenby Capital Limited, Nominated Adviser and Broker | ||
Nick Naylor James Reeve | 020Â 3328 5656 | Â |
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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.
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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).Â
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