Nasstar PLC Director/PDMR Shareholding (3930L)
September 30 2016 - 9:09AM
UK Regulatory
TIDMNASA
RNS Number : 3930L
Nasstar PLC
30 September 2016
Nasstar plc
("Nasstar", "Company" or "Group")
Director Shareholding
30 September 2016
Nasstar (stock code: NASA), a provider of hosted managed and
cloud computing services, has been notified today that on 29
September 2016, Lord Daresbury, Chairman of the Company, sold
200,000 ordinary shares of 1p each in the capital of the Company
("Ordinary Shares") held by him personally to a trust (Daresbury
SWE9501 Limited), the sole beneficiary of which is Lord Daresbury,
for 8.75p per Ordinary Share.
As a result of the above Lord Daresbury's overall beneficial
interest in the Company will remain unchanged, holding 4,788,562
Ordinary Shares, equivalent to 0.83 per cent of Nasstar's issued
ordinary share capital.
For further information, please contact:-
Nasstar plc +44 (0) 1952 225 000
Nigel Redwood, Chief Executive Officer
Niki Redwood, Finance Director
finnCap Limited (Nominated Adviser & Broker) +44 (0) 20 7220 0500
Julian Blunt, James Thompson (Corporate Finance)
Stephen Norcross (Corporate broking)
About Nasstar plc
Nasstar (www.nasstar.com) and its wholly owned operating
businesses provide hosted managed and cloud computing services that
enable subscribers to access their corporate desktop, files,
applications, data and email in the Cloud rather than using local
server infrastructure. Nasstar specialise in building bespoke cloud
hosted services to manage a client's entire application set, tailor
made to suit specific industries, designing public, private and
hybrid cloud solutions to meet the objectives of the client. The
solution is a highly scalable service that provides benefits
including anywhere access to computing, a standardised corporate
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, Kamanchi Limited in July 2014, VESK in October 2015
and Modrus Limited in September 2016.
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
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