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Director Shareholding

6 Feb 2015 16:50

RNS Number : 3385E
Nasstar PLC
06 February 2015
 



For immediate release

 

6 February 2015

 

Nasstar plc ("Nasstar" or the "Company")

Director Shareholding

Nasstar, the cloud service provider, has today been notified that Lord Daresbury (Chairman) has today transferred 300,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 8.51p per Ordinary Share from his personal ownership to a trust (James Hay Pension Trustees SIPP Account), a trust of which Lord Daresbury is a beneficiary (the "Transfer").

Lord Daresbury's overall beneficial interest in the Company remains unchanged following the Transfer.

 

Enquiries:

 

Nasstar Plc 01952 225 000

 

Nigel Redwood - Chief Executive Officer

Niki Redwood - Finance Director

 

finnCap Limited (Nominated Adviser & Broker) 020 7220 0500

Julian Blunt - Corporate finance

Victoria Bates - Corporate broking

 

About Nasstar plc

 

Nasstar (www.nasstar.com) and its wholly owned subsidiaries e-know.net (www.e-know.net) and Kamanchi (www.kamanchi.co.uk) provide hosted desktop and hosted exchange cloud computing services that enable subscribers to access their corporate desktop, files, applications and email 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 (AIM:NASA) was founded in 1998, admitted to AIM in December 2005, acquired e-know.net Limited in a reverse takeover in January 2014 and acquired Kamanchi Limited in July 2014.

 

 

Ends

 

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