18 Feb 2016 16:40
Nasstar plc
("Nasstar", "Company" or "Group")
Holdings in Company
Nasstar (stock code: NASA), a provider of hosted managed and cloud computing services, announces that today it was notified that Legal & General Group plc no longer has a disclosable interest in the Company.
For further information, please contact:-
Nasstar plc +44 (0) 1952 225 000
Nigel Redwood, Chief Executive Officer
Niki Redwood, Finance Director
finnCap Limited (Nominated Adviser & Broker) +44 (0) 20 7220 0500
Julian Blunt, James Thompson (Corporate Finance)
Stephen Norcross (Corporate broking)
About Nasstar plc
Nasstar (www.nasstar.com) and its wholly owned operating businesses e-know.net (www.e-know.net), Kamanchi (www.kamanchi.co.uk) and VESK (www.vesk.com) provide hosted managed and cloud computing services that enable subscribers to access their corporate desktop, files, applications, data and email in the Cloud rather than using local server infrastructure. Hosted desktop and cloud computing is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate 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 (AIM:NASA) was founded in 1998, admitted to AIM in December 2005, acquired e-know.net Limited in a reverse takeover in January 2014, Kamanchi Limited in July 2014 and VESK in October 2015.
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