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PULSAR GROUP PLC — Director's Dealing 2025
May 13, 2025
7864_pos_2025-05-13_2d6036df-e9c2-4682-83dc-5bf39f72c9ac.html
Director's Dealing
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RNS Number : 4834I
Pulsar Group PLC
13 May 2025
Pulsar Group plc ("the Company")
Directors' Dealings
Pulsar Group plc (AIM: PULS) today announces that following dealings by directors in the recent placing announced by the Company.
| Name | Number of ordinary shares acquired | Price per ordinary share | Total beneficial interest post admission | % of ISC |
| Christopher Satterthwaite | 26,315 | 38p | 120,911 | 0.09% |
| Joanna Arnold | 39,473 | 38p | 793,754 | 0.59% |
| Mark Fautley | 39,473 | 38p | 119,284 | 0.09% |
| Sarah Vawda | 13,157 | 38p | 29,823 | 0.02% |
In addition, the Company has been notified that Kestrel Partners LLP ("Kestrel"), on behalf of its discretionary client accounts, has purchased 3,142,449 ordinary shares in the Company at a price of £0.38 per ordinary share.
Mr Royde, a Non-Executive Director of the Company, 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 the Company.
Following this transaction, Kestrel Opportunities holds (and consequently Mr Royde is deemed to have a beneficial interest in) 20,227,082 ordinary shares in the Company, and other clients of Kestrel, in which Mr Royde has no beneficial interest hold 18,872,612 ordinary shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 39,099,694 Ordinary Shares in the Company, which represents 28.84% per cent of the total voting rights in the Company.
Kestrel's interest in the Ordinary Shares in the Company is held through the following nominees:
| Holding type | Nominee | No. of Ordinary Shares | % of total voting rights |
| Indirect | Bank of New York Nominees Ltd | 20,227,082 | 14.92% |
| Indirect | JIM Nominees Limited | 2,407,591 | 1.78% |
| Indirect | Bank of New York Nominees Ltd | 10,576,173 | 7.80% |
| Indirect | Northern Trust Company AVFC | 5,888,848 | 4.34% |
For further information contact:
| Pulsar Group plc Joanna Arnold (CEO) Mark Fautley (CFO) |
020 3426 4070 | ||
| Cavendish Capital Markets Limited (Nominated Adviser and Broker) Corporate Finance: Marc Malmo / Isaac Hooper / Elysia Bough Corporate Broking: Sunila de Silva |
020 7220 0500 | ||
ANNEX
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Christopher Satterthwaite
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| 8 May 2025 | |
| Price(s) | Volume(s) |
| 0.38 | 26,315 |
d)
Aggregated information
- Aggregated volume
- Price
Purchased 26,315 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Joanna Arnold
2
Reason for the notification
a)
Position/status
CEO
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| 8 May 2025 | |
| Price(s) | Volume(s) |
| 0.38 | 39,473 |
d)
Aggregated information
- Aggregated volume
- Price
Purchased 39,473 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Fautley
2
Reason for the notification
a)
Position/status
CFO
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| 8 May 2025 | |
| Price(s) | Volume(s) |
| 0.38 | 39,473 |
d)
Aggregated information
- Aggregated volume
- Price
Purchased 39,473 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sarah Vawda
2
Reason for the notification
a)
Position/status
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
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| 8 May 2025 | |
| Price(s) | Volume(s) |
| 0.38 | 13,157 |
d)
Aggregated information
- Aggregated volume
- Price
Purchased 13,157 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
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 - Max Royde (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
Pulsar Group plc
b)
LEI
213800PPZ4ZM8OMHGT41
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 5 pence each ("Ordinary Shares")
ISIN: GB00BGQVB052
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| 8 May 2025 | |
| Price(s) | Volume(s) |
| 0.38 | 3,142,449 shares |
d)
Aggregated information
- Aggregated volume
- Price
Purchase total 3,142,449 shares at a price of GBP 0.38.
e)
Date of the transaction
8 May 2025
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
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