Director/PDMR Shareholding
Pulsar Group plc announced that Non-Executive Director Max Royde notified the company of a transfer of 31,500 ordinary shares out of Kestrel Partners LLP's discretionary management due to a client portfolio rearrangement, with the beneficial owner remaining the same. Following this, Kestrel Opportunities, in which Mr. Royde has a beneficial interest, continues to hold 20,227,082 ordinary shares, and other Kestrel clients hold 18,450,160 shares, resulting in Kestrel indirectly holding voting rights over a total of 38,677,242 ordinary shares, representing approximately 28.52% of the company's total voting rights.
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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 31,500 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 one client portfolio. These Ordinary Shares continue to be held by the same beneficial owner.
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 18,450,160 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 38,677,242 Ordinary Shares in the Company, which represents approximately 28.52% 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% |
| 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 | 0.24% |
| 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 31,500 |
| d) | Aggregated information - Aggregated volume - Price | As above. |
| e) | Date of the transaction | 07 April 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.