24 Sep 2012 07:00

24 September 2012
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Nasstar plc
("Nasstar" or the "Company")
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Holding in Company
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Nasstar, the cloud service provider, was informed on 21 September 2012 that David and Monique Newlands have a combined beneficial interest of 1,655,000 ordinary shares in the Company, representing 3.08% of the Nasstar's issued share capital.
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For further information, please contact:
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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).
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