Castle Street Investments PLC Director's Dealings (2703A)

TIDMCSI

RNS Number : 2703A

Castle Street Investments PLC

25 September 2015

25 September 2015

Castle Street Investments plc

Director's Dealings

Castle Street Investments plc (the "Company" or "Castle Street") received notification on 25(th) September 2015 from Kestrel Partners LLP ("Kestrel") that on 24(th) September 2015 it acquired, on behalf of its discretionary clients, 600,000 ordinary shares of 5p each ("Shares") in the Company at a price of GBP0.27 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 Castle Street.

Prior to this purchase of Shares, Kestrel on a combined basis indirectly held Shares and voting rights over 14,635,000 Shares in the Company.

Of the Shares purchased, all 600,000 were acquired on behalf of Kestrel Opportunities, Kestrel Opportunities holds (and consequently Mr Royde is deemed to have a beneficial interest in) 13,811,000 Shares in the Company. Kestrel's other discretionary clients, in which Mr Royde has no beneficial interest, hold a further 1,424,000 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 15,235,000 Shares in the Company, which represents approximately 21.40 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 
             BNY Mellon Nominees 
 Indirect     Limited                   13,811,000           19.40% 
 Indirect    JIM Nominees Limited        1,424,000            2.00% 
 

- Ends -

For further information, please contact:

 
  Castle Street Investments plc   [phone] 
   Niall Stirling (CFO)            3600 
  N+1 Singer                      Tel: +44 (0)207 
   Sandy Fraser                    496 3000 
   Jen Boorer 
   Ben Griffiths 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 25, 2015 09:44 ET (13:44 GMT)