Director/PDMR Shareholding
Pulsar Group plc announced that Non-Executive Director Max Royde notified the company of a transfer of 106,500 ordinary shares out of Kestrel Partners LLP's discretionary management due to client portfolio rearrangements, with the beneficial ownership remaining unchanged. Following this, Kestrel Opportunities, in which Mr. Royde has a beneficial interest, continues to hold 20,227,082 shares, and other Kestrel clients without Mr. Royde's interest hold 18,481,660 shares, resulting in Kestrel indirectly holding voting rights over approximately 28.55% of the company's total voting rights, equivalent to 38,708,742 ordinary shares.
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Pulsar Group plc (AIM: PULS) announces that it has received notification from Mr. Max Royde, Non-Executive Director of the Company, that an aggregate of 106,500 ordinary shares of 5 pence each in the Company ("Ordinary Shares") have been transferred out of Kestrel Partners LLP's ("Kestrel") discretionary management and control due to the rearrangement of two client portfolios. These Ordinary Shares continue to be held by the same beneficial owners.
Following this transaction, Kestrel Opportunities continues to hold (and consequently Mr. Royde is deemed to have a beneficial interest in) 20,227,082 Ordinary Shares, and other discretionary management clients of Kestrel, in which Mr. Royde has no beneficial interest hold 18,481,660 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 38,708,742 Ordinary Shares in the Company, which represents approximately 28.55% of the total voting rights in the Company.
Kestrel's interest in the Ordinary Shares in the Company is held through the following nominees:
| Nominee | No. of Ordinary Shares | % of total voting rights |
|---|---|---|
| Bank of New York Nominees Ltd | 20,227,082 | 14.92% |
| JIM Nominees Limited | 31,500 | 0.02% |
| Bank of New York Nominees Ltd | 10,576,173 | 7.80% |
| Northern Trust Company AVFC | 6,097,181 | 4.49% |
| iDealing Nominees Limited | 1,010,887 | 0.75% |
| CB NYK - CITIBANK N.A.-PRIVATE BK | 333,333 | 0.25% |
| An individual Client at Fidelity International Limited | 416,666 | 0.31% |
| An individual in certificated form | 15,920 | 0.01% |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | M ax Royde |
| 2 | Reason for the notification | |
| b) | Initial notification /Amendment | Initial |
| a) | Name | Pulsar Group plc |
| b) | LEI | 213800PPZ4ZM8OMHGT41 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 5 pence each ISIN: GB00BGQVB052 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) N/A 106,500 |
| d) | Aggregated information - Aggregated volume - Price | As above. |
| e) | Date of the transaction | 3 1 March 2026 |
| f) | Place of the transaction | N/A |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.