Notification of Interest and

RNS Number : 0095X

Gresham Computing PLC

30 November 2010

 



Gresham Computing plc

Notification of Interest and Director's Dealings

Gresham Computing plc (the "Company") has received notification that on 29 November 2010, Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities"), acquired 750,000 ordinary shares in the Company at a price of 24.5 pence per share.

Kestrel Partners LLP, which Max Royde (Non-executive Director of the Company) is a partner of and holds a beneficial interest in, is the investment manager to Kestrel Opportunities.  Mr Royde is also a shareholder in Kestrel Opportunities.

Kestrel Opportunities holds 3,377,854 ordinary shares in the Company, which represents approximately 5.8 per cent of the Company's issued share capital.

-ends-

For further information please contact:

Gresham Computing plc	[phone]
Chris Errington, CEO
Singer Capital Markets Ltd Shaun Dobson, Partner and Joint Head of Corporate Finance	[phone]
James Maxwell, Director of Corporate Finance

 

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