23 Mar 2011 16:45
23 March 2011
Nasstar plc
("Nasstar" or the "Company")
Director dealings
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.
For further information:-
Nasstar plc |
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Charles Black, Chief Executive Officer | 020 7148 5000 |
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Allenby Capital Limited, Nominated Adviser and Broker | ||
Nick Naylor James Reeve | 020 3328 5656 |
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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.
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).
NASA.L (NASA)