19 Sep 2017 10:16
19 September 2017
Ingenta plc
Directors' Dealings
Ingenta plc (LSE:ING, "Company" or "Ingenta") received notification on 18 September 2017 from Kestrel Partners LLP ("Kestrel") that on 18 September 2017 it acquired, on behalf of its discretionary clients, 20,000 ordinary shares of 10p each ("Shares") in the Company at a price of £1.52 per share. The notification also included the matters set out below.
Kestrel is the investment manager to Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities"), and various other clients. This disclosure relates to indirect Shares and voting rights in the Company that are managed by Kestrel on a discretionary basis.
Mr. Royde is a partner of, and holds a beneficial interest in Kestrel. Mr. Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in Ingenta.
Prior to this purchase of Shares, Kestrel on a combined basis indirectly held Shares and voting rights over 4,494,254 Shares in the Company.
Of the Shares purchased, 17,000 were acquired on behalf of Kestrel Opportunities and following this transaction, Kestrel Opportunities holds (and consequently Mr. Royde is deemed to have a beneficial interest in) 3,415,733 Shares in the Company. The remaining 3,000 Shares were purchased on behalf of Kestrel's other discretionary clients, in which Mr Royde has no beneficial interest, who, following this transaction, hold a further 1,098,521 Shares in the Company.
Following this transaction and on a combined basis, Kestrel indirectly holds voting rights over 4,514,254 Shares in the Company, which represents approximately 26.68% per cent of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through the following nominees:
Holding type | Nominee | No. of shares | % of issued share capital |
Indirect | Bank of New York Nominees Ltd | 3,415,733 | 20.19% |
Indirect | JIM Nominees Limited | 281,531 | 1.66% |
Indirect | Bank of New York Nominees Ltd | 816,990 | 4.83% |
For further information contact:
Ingenta PlcDavid Montgomery
| +44 (0) 1865 397 800 |
Cenkos Securities plcNicholas Wells Elizabeth Bowman
| +44 (0) 20 7397 8900 |
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Kestrel Partners LLP
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PCA - Matthew Max Edward Royde (Non-Executive Director, Ingenta plc) | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Ingenta plc | ||||
b)
| LEI
| 213800QU4IVLTQZL3T37 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| 10p Ordinary Shares
ISIN: GB00B3BDTG73
| ||||
b)
| Nature of the transaction
| Purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Total 20,000 shares @ GBP 1.52
| ||||
e)
| Date of the transaction
| 2017-09-18 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Ingenta (ING)