Ingenta PLC Director/PDMR Shareholding (1337R)

TIDMING

RNS Number : 1337R

Ingenta PLC

06 December 2016

6(th) December 2016

Ingenta plc

Directors' Dealings

Ingenta plc (LSE:ING, "Company" or "Ingenta") received notification on 6 December 2016 from Kestrel Partners LLP ("Kestrel") that on 6 December 2016 it acquired, on behalf of its discretionary clients, 23,800 ordinary shares of 10p each ("Shares") in the Company at a price of GBP1.65 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 Ingenta.

Prior to this purchase of Shares, Kestrel on a combined basis indirectly held Shares and voting rights over 4,423,973 Shares in the Company.

Of the Shares purchased, 20,230 were acquired on behalf of Kestrel Opportunities and following this transaction, Kestrel Opportunities holds (and consequently Mr. Royde is deemed to have a beneficial interest in) 3,358,683 Shares in the Company. The remaining 3,570 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 1,089,090 Shares in the Company.

Following this transaction and on a combined basis, Kestrel indirectly holds voting rights over 4,447,773 Shares in the Company, which represents approximately 26.29% 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 
  type                                                share capital 
             Bank of New York 
 Indirect     Nominees Ltd               3,358,683           19.85% 
 Indirect    JIM Nominees Limited          280,050            1.66% 
             Bank of New York 
 Indirect     Nominees Ltd                 809,040            4.78%

For further information contact:

 
  Ingenta Plc             +44 (0) 1865 397 
   David Montgomery        800 
  Cenkos Securities plc 
   Nicholas Wells         +44 (0) 20 7397 
   Elizabeth Bowman        8900

ANNEX

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Kestrel Partners LLP 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            PCA - Matthew Max Edward 
                                  Royde (non-executive director 
                                  Ingenta plc) 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Ingenta plc 
---  -------------------------  ------------------------------- 
 b)   LEI 
---  -------------------------  ------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ---------------------------------------------------------- 
 a)   Description of             10p Ordinary Shares 
       the financial 
       instrument, type 
       of instrument              ISIN: GB00B3BDTG73 
 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Purchase 
       transaction 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)      Price(s)   Volume(s) 
                                  ---------  -------------- 
                                   GBP 1.65   23,800 Shares 
                                  ---------  -------------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information     Total 23,800 shares @ GBP 
                                  1.65 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    2016-12-06 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  -------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 06, 2016 12:46 ET (17:46 GMT)

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