Director/PDMR Shareholding
Pebble Beach Systems Group plc announced a transfer of 94,000 ordinary shares at £0.16 per share, involving Kestrel Partners LLP, a significant shareholder. While Kestrel's overall interest and control of voting rights remain unchanged at 30,785,529 shares, representing 24.71% of the issued share capital, this internal transfer among Kestrel clients, including Kestrel KAPPA Investments Ltd which received 47,000 shares, does not alter the company's substantial ownership structure.
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Pebble Beach Systems Group plc ("Pebble" or the "Company"), a leading global software business specialising in playout automation and content management solutions for the broadcast and streaming service markets, announces that it received notification from Chris Errington, Non-Executive Director, of the following transfer, which took place on 2 December 2025 at a price of £0.16 per share.
- Errington is a partner of, and holds a beneficial interest in, Kestrel Partners LLP ("Kestrel").
Kestrel transferred 94,000 ordinary shares of 2.5p each in Pebble ("Shares") held by certain Kestrel clients to certain other Kestrel clients. Mr. Errington has a beneficial interest in Kestrel KAPPA Investments Ltd, a Kestrel client that is receiving 47,000 Shares in Pebble. Following this transfer Kestrel KAPPA Investments Ltd holds 865,058 Shares in Pebble.
Following this transfer, on a combined basis, Kestrel's interest in Pebble remains unchanged and it continues to control voting rights over 30,785,529 Shares, representing 24.71% per cent of the Company's issued share capital.
Following the transfers described above, Kestrel's voting rights over the Shares of the Company are held through the following nominees:
| Nominee | No. of shares | % of issued share capital |
|---|---|---|
| APEX Group Nominees | 29,787,494 | 23.91% |
| APEX Group Nominees | 865,058 | 0.69% |
| iDealing Nominees Limited | 132,977 | 0.11% |
For further information please contact: Peter Mayhead, Chief Executive +44 (0) 75 55 59 36 02 Cavendish (Nominated Adviser and Broker ) Marc Milmo / Teddy Whiley - Corporate Finance +44 (0) 207 220 0500
ANNEX
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Chris Errington | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PCA - Kestrel Partners LLP are a PCA of Christopher Errington (non-executive director of Pebble Beach Systems Group plc and Partner in Kestrel) | ||||
| b) | Initial notification /Amendment | Initial | ||||
| a) | Name | Pebble Beach Systems Group plc | ||||
| b) | LEI | 2138006Q5EZTDJMIBM38 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | 2.5p Ordinary Shares ISIN: GB0001482891 | ||||
| b) | Nature of the transaction | Transfer between certain Kestrel clients. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | As above. | ||||
| e) | Date of the transaction | 02/12/2025 | ||||
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.