4th Feb 2014 14:28
Nasstar plc ("Nasstar" or the "Company")
Director Shareholding
Nasstar, the cloud service provider, has today been notified that Nick Bate, a Non-executive Director of the Company, has today acquired 750,000 Ordinary Shares at a price of 6.5p per share as a result of which his holding now stands at 750,0000 Ordinary Shares representing 0.2 per cent. of the Company's issued ordinary share capital. The shares are registered jointly with Nick Bate's spouse, Angela Jane Bate.
Enquiries:
Nasstar Plc 01952 225 000
Nigel Redwood - Chief Executive Officer
Niki Redwood - Finance Director
finnCap Limited (Nominated Adviser & Broker) 020 7220 0500
Julian Blunt - Corporate finance
Victoria Bates - Corporate broking
Gresham PR Limited 07866 805108
Neil Boom
About Nasstar plc
Nasstar (www.nasstar.com) and its wholly owned subsidiary e-know.net (www.e-know.net) provide hosted desktop and hosted exchange cloud computing services that enable subscribers to access their corporate desktop, files, applications and email in the Cloud rather than using local hard drives. Hosted desktop is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate desktop solution that can be accessed globally and in multiple languages and cost savings when compared to the traditional IT ownership model, replacing capital expenditure with a simple usage based payment model.
Nasstar (AIM:NASA) was founded in 1998, admitted to AIM in December 2005 and acquired e-know.net in a reverse takeover in January 2014.
Ends
Related Shares:
NASA.L