Ingenta PLC Director/PDMR Shareholding (8205P)

TIDMING

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 GBP1.65 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     Nominee                      No. of shares   % of issued share 
  type                                                              capital 
             Bank of New York Nominees 
 Indirect     Ltd                             3,338,453              19.73% 
 Indirect    JIM Nominees Limited               280,050               1.66% 
             Bank of New York Nominees 
 Indirect     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        Initial 
       /Amendment 
---  --------------------------  ---------------------------------------------- 
 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          10p Ordinary Shares 
       financial instrument, 
       type of instrument 
                                   ISIN: GB00B3BDTG73 
       Identification code 
---  --------------------------  ---------------------------------------------- 
 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      Total 25,000 shares @ GBP 1.65 
 
 
       - Aggregated volume 
 
 
       - Price 
---  --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     2016-11-21 
---  --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
---  --------------------------  ---------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 22, 2016 04:40 ET (09:40 GMT)