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DIRECTOR DEALINGS: Gresham Computing Sells Shares To Kestrel Partners

24th Aug 2015 16:22

LONDON (Alliance News) - Gresham Computing PLC said that Kestrel Partners LLP Friday bought 155,000 Gresham shares at GBP0.98 each.

Gresham said that 77,500 shares were purchased on behalf of Kestrel Opportunities, of which Kestrel Partners is the investment manager, while the remaining 77,500 shares were purchased on behalf of Kestrel's other discretionary clients.

On a combined basis, Kestrel indirectly now holds 6.7 million shares in Gresham, representing 10.6% of its issued share capital.

Shares in Gresham closed down 1% at 98.00 pence on Monday.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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