Director/PDMR Shareholding
Pebble Beach Systems Group plc announced that Kestrel Partners LLP, on behalf of discretionary clients, sold 91,977 ordinary shares at £0.20 per share on January 28, 2026. Following this transaction, Kestrel Kappa Investments Ltd holds 865,058 shares, and other Kestrel clients hold 29,828,494 shares, resulting in Kestrel indirectly holding voting rights over 30,693,552 shares, representing 24.63% of the company's issued share capital. This notification is related to a transaction by Chris Errington, a Non-Executive Director and partner of Kestrel.
Select text to share a quote on X · sign in to keep highlights & notes in your PEB notes
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, that Kestrel Partners LLP ("Kestrel") sold on 28 January 2026, on behalf of discretionary clients, 91,977 ordinary shares of 2.5p each ("Shares") at a price of £0.20 per share.
- Errington is a partner of, and holds a beneficial interest in, Kestrel. Mr. Errington is also a shareholder in one of Kestrel's Clients ("Kestrel Kappa Investments Ltd"), and is therefore deemed to have a beneficial interest in Kestrel Kappa Investments Ltd's entire legal holding in Pebble.
Following this transaction, Kestrel Kappa Investments Ltd holds 865,058 Shares, and other clients of Kestrel, in which Mr Errington has no beneficial interest now hold 29,828,494 Shares. On a combined basis, Kestrel indirectly holds voting rights over 30,693,552 Shares in Pebble, which represents 24.63% per cent of Pebble's issued share capital.
Kestrel's interest in the Shares in the Company is 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 | 41,000 | 0.03% |
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 | Sale of Ordinary Shares. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | As above. | ||||
| e) | Date of the transaction | 28/01/2026 | ||||
| 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.