Ubisense Group PLC Director/PDMR Shareholding (7522J)
September 14 2016 - 1:01AM
UK Regulatory
TIDMUBI
RNS Number : 7522J
Ubisense Group PLC
14 September 2016
14 September 2016
Ubisense Group Plc
Directors' Dealings
Ubisense Group plc (LSE:UBI, "Company" or "Ubisense") received
notification on 13 September 2016 from Kestrel Partners LLP
("Kestrel") that on 12 September 2016 it acquired, on behalf of its
discretionary clients, 12,500 ordinary shares of 2p each ("Shares")
in the Company at a price of GBP0.352 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 Scott is a partner of, and holds a beneficial interest in
Kestrel. Mr Scott is also a shareholder in Kestrel Opportunities
and is therefore deemed to have a beneficial interest in Kestrel
Opportunities' entire legal holding in Ubisense.
Prior to this purchase of Shares, Kestrel on a combined basis
indirectly held Shares and voting rights over 15,602,493 Shares in
the Company.
The 12,500 shares were acquired on behalf of Kestrel
Opportunities and following this transaction, Kestrel Opportunities
holds (and consequently Mr Scott is deemed to have a beneficial
interest in) 11,487,535 Shares in the Company. Kestrel's other
discretionary clients, in which Mr Scott has no beneficial
interest, hold a further 4,127,458 Shares in the Company.
Following this transaction and on a combined basis, Kestrel
indirectly holds voting rights over 15,614,993 Shares in the
Company, which represents approximately 27.94% 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 Nominee No. of shares % of issued
type share capital
Bank of New York
Indirect Nominees Ltd 11,487,535 20.56%
Indirect JIM Nominees Limited 1,306,095 2.34%
Bank of New York
Indirect Nominees Ltd 2,821,363 5.05%
For further information contact:
Ubisense Group PLC
Peter Harverson +44 (0) 1223 535
Tim Gingell 170
Numis Securities Limited
Simon Willis
Jamie Lillywhite +44 (0) 20 7260
Toby Adcock 1000
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 - Oliver Rupert Andrew
Scott (non-executive director
Ubisense Group plc)
--- ------------------------- -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name Ubisense Group 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 2p Ordinary Shares
the financial
instrument, type
of instrument ISIN: GB00B3NCXX73
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Purchase
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- --------------
GBP 0.352 12,500 Shares
---------- --------------
--- ------------------------- -------------------------------
d) Aggregated information Total 12,500 shares @ GBP
0.352
- Aggregated volume
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 2016-09-12
--- ------------------------- -------------------------------
f) Place of the transaction London Stock Exchange
--- ------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLLFFTAEIVLIR
(END) Dow Jones Newswires
September 14, 2016 02:01 ET (06:01 GMT)
Ubisense (LSE:UBI)
Historical Stock Chart
From Apr 2024 to May 2024
Ubisense (LSE:UBI)
Historical Stock Chart
From May 2023 to May 2024