Ingenta PLC Director/PDMR Shareholding (7587O)

TIDMING

RNS Number : 7587O

Ingenta PLC

01 February 2019

1 February 2019

Ingenta plc

Directors' Dealings

Ingenta plc (LSE:ING, "Company" or "Ingenta") received notification on 31(st) January 2019 from Kestrel Partners LLP ("Kestrel") that on 31(st) January 2019 it acquired, on behalf of its discretionary clients, 50,000 ordinary shares of 10p each ("Shares") in the Company at a price of GBP0.76 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 4,526,754 Shares in the Company.

Kestrel Opportunities holds (and consequently Mr. Royde is deemed to have a beneficial interest in) 3,425,983 Shares in the Company. The 50,000 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 1,150,771. Shares in the Company.

Following this transaction and on a combined basis, Kestrel indirectly holds voting rights over 4,576,754 Shares in the Company, which represents approximately 27.05% 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                             3,425,983              20.25% 
 Indirect    JIM Nominees Limited               281,531               1.66% 
             Bank of New York Nominees 
 Indirect     Ltd                               869,240               5.14% 
 

For further information contact:

 
  Ingenta Plc 
   Scott Winner 
   Jon Sheffield          [phone] 
  Cenkos Securities plc 
   Nicholas Wells 
   Harry Hargreaves       [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               Person closely associated with Max 
                                     Royde, Non-Executive Director 
     ----------------------------  ------------------------------------- 
 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                           213800QU4IVLTQZL3T37 
     ----------------------------  ------------------------------------- 
 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 0.76   50,000 Shares 
                                                -------------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume            50,000 
 
 
       - Price                        GBP38,000 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       2019-01-31 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      AIMX 
     ----------------------------  ------------------------------------- 
 

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February 01, 2019 02:00 ET (07:00 GMT)