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Director's Dealings

31st Oct 2011 11:34

RNS Number : 1506R
Gresham Computing PLC
31 October 2011
 



Gresham Computing plc

 

Director's Dealings

 

Gresham Computing plc (the "Company") has received notification from Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities") that on 27 October 2011 it acquired 170,000 ordinary shares in the Company at a price of 50 pence per share.

 

Kestrel Partners LLP, which Max Royde (Non-executive Director of the Company) is a partner of and holds a beneficial interest in, is the investment manager to Kestrel Opportunities. Mr Royde is also a shareholder in Kestrel Opportunities.

 

Following this transaction, Kestrel Opportunities holds 4,162,854 ordinary shares in the Company, which represents approximately 7.2 per cent of the Company's issued share capital.

 

 

For further information please contact:

Gresham Computing plcChris Errington, CEOKen Archer, ChairmanRob Grubb, CFO

+44 (0) 20 7653 0200

Singer Capital Markets LtdShaun Dobson, Partner and Head of Corporate FinanceJames Maxwell, Director of Corporate Finance

+44 (0) 20 3205 7500

-ends-

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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