PEBBLE BEACH SYSTEMS GROUP PLC

Director's Dealing • Oct 25, 2024

National Storage Mechanism | Additional information

RNS Number : 7550J

Pebble Beach Systems Group PLC

25 October 2024

25 October 2024

Pebble Beach Systems Group plc

(the "Company" or the "Group")

Director/PDMR Shareholding

Pebble Beach Systems Group plc (AIM: "PEB", "Pebble" or the "Group"), a leading global software business specialising in playout automation and content management solutions for the broadcast and streaming service markets, announces that it received notification from Chris Errington, Non-Executive Director, that Kestrel Partners LLP ("Kestrel") sold, on behalf of discretionary clients, 5,500,000 ordinary shares of 2.5p each ("Shares") on 24 October 2024.

Mr. Errington is a partner of, and holds a beneficial interest in, Kestrel. Mr. Errington is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in Pebble.

Following this notification, Kestrel Opportunities continues to hold (and consequently Mr. Errington is deemed to have a beneficial interest in) 14,696,625 Shares, and other clients of Kestrel, in which Mr. Errington has no beneficial interest now hold 16,888,904 Shares. Following these transfers, on a combined basis, Kestrel indirectly holds voting rights over 31,585,529 Shares in Pebble, which represents 25.35% per cent of Pebble's issued share capital.

Kestrel's interest in the Shares in the Company is held through the following nominees:

Holding type	Nominee	No. of shares	% of issued share capital
Indirect	Bank of New York Nominees Ltd	14,696,625	11.79%
Indirect	JIM Nominees Limited	226,977	0.18%
Indirect	Bank of New York Nominees Ltd	16,661,927	13.38%

For further information contact:

For further information please contact:

Peter Mayhead, Chief Executive	+44 (0) 75 55 59 36 02
Cavendish Capital Markets Limited (Nominated Adviser and Broker) Marc Milmo / Teddy Whiley - Corporate Finance	+44 (0) 207 220 0500
Tim Redfern/Sunila de Silva - ECM

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 - Christopher Errington (non-executive director)

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pebble Beach Systems Group plc

b)

LEI

2138006Q5EZTDJMIBM38

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 financial instrument, type of instrument

Identification code

Ordinary shares of 2.5 pence each ("Ordinary Shares")

ISIN: GB0001482891

b)

Nature of the transaction

Purchase of Ordinary Shares.

c)

Price(s) and volume(s)

24 October 2024
Price(s)	Volume(s)
£0.095	5,500,000

d)

Aggregated information

As above.

e)

Date of the transaction

24/10/2024

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

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