Castle Street Investments PLC Director/PDMR Shareholding (7023K)
20 April 2015 - 1:11PM
UK Regulatory
TIDMCSI
RNS Number : 7023K
Castle Street Investments PLC
20 April 2015
20 April 2015
Castle Street Investments plc
Director's Dealings
Castle Street Investments plc (the "Company" or "Castle Street")
received notification on 20(th) April 2015 from Kestrel Partners
LLP ("Kestrel") that on 17(th) April 2015 it acquired, on behalf of
its discretionary clients, 85,000 ordinary shares of 2.5p each
("Shares") in the Company at a price of GBP0.245 per share. The
notification also included the matters set out below.
Kestrel is the investment manager to Kestrel Opportunities, a
cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities"),
and various other clients. This disclosure relates to indirect
Shares and voting rights in the Company that are managed by Kestrel
on a discretionary basis.
Mr Royde 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 Castle Street.
Prior to this purchase of Shares, Kestrel on a combined basis
indirectly held Shares and voting rights over 14,550,000 Shares in
the Company.
Of the Shares purchased, none were acquired on behalf of Kestrel
Opportunities, Kestrel Opportunities still holds (and consequently
Mr Royde is deemed to have a beneficial interest in) 13,211,000
Shares in the Company. The 85,000 Shares were purchased on behalf
of Kestrel's other discretionary clients, in which Mr Royde has no
beneficial interest, who, following this transaction, hold a
further 1,424,000 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over
14,635,000 Shares in the Company, which represents approximately
20.55 per cent of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through
the following nominees:
Holding Nominee No. of shares % of issued share
type capital
BNY Mellon Nominees
Indirect Limited 13,211,000 18.55%
Indirect JIM Nominees Limited 1,424,000 2.00%
- Ends -
For further information, please contact:
Castle Street Investments plc
Niall Stirling (CFO) +44 (0) 131 526 3619
Peel Hunt LLP
Richard Kauffer +44 (0) 20 7418 8900
Edward Fox
This information is provided by RNS
The company news service from the London Stock Exchange
END
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