Director/PDMR Shareholding

RNS Number : 8205P

Ingenta PLC

22 November 2016

 

22 November 2016

Ingenta plc

Directors' Dealings

Ingenta plc (LSE:ING, "Company" or "Ingenta") received notification on 21 November 2016 from Kestrel Partners LLP ("Kestrel") that on 21 November 2016 it acquired, on behalf of its discretionary clients, 25,000 ordinary shares of 10p each ("Shares") in the Company at a price of £1.65 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 4,398,973 Shares in the Company.

Of the Shares purchased, 21,250 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) 3,338,453 Shares in the Company. The remaining 3,750 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 1,085,520 Shares in the Company.

Following this transaction and on a combined basis, Kestrel indirectly holds voting rights over 4,423,973 Shares in the Company, which represents approximately 26.15% 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	3,338,453	19.73%
Indirect	JIM Nominees Limited	280,050	1.66%
Indirect	Bank of New York Nominees Ltd	805,470	4.76%

For further information contact:

Ingenta Plc David Montgomery	[phone]
Cenkos Securities plc Nicholas Wells Elizabeth Bowman	[phone]

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
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)	Price(s) Volume(s) GBP 1.65 25,000 Shares
d)	Aggregated information - Aggregated volume - Price	Total 25,000 shares @ GBP 1.65
e)	Date of the transaction	2016-11-21
f)	Place of the transaction	London Stock Exchange

 

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