Director Dealing

Pulsar Group PLC

13 May 2025

 

Pulsar Group plc ("the Company")

Directors' Dealings

Pulsar Group plc (AIM: PULS) today announces that following dealings by directors in the recent placing announced by the Company.

Name	Number of ordinary shares acquired	Price per ordinary share	Total beneficial interest post admission	% of ISC
Christopher Satterthwaite	26,315	38p	120,911	0.09%
Joanna Arnold	39,473	38p	793,754	0.59%
Mark Fautley	39,473	38p	119,284	0.09%
Sarah Vawda	13,157	38p	29,823	0.02%

In addition, the Company has been notified that Kestrel Partners LLP ("Kestrel"), on behalf of its discretionary client accounts, has purchased 3,142,449 ordinary shares in the Company at a price of £0.38 per ordinary share.

Mr Royde, a Non-Executive Director of the Company, 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 the Company.

Following this transaction, Kestrel Opportunities holds (and consequently Mr Royde is deemed to have a beneficial interest in) 20,227,082 ordinary shares in the Company, and other clients of Kestrel, in which Mr Royde has no beneficial interest hold 18,872,612 ordinary shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 39,099,694 Ordinary Shares in the Company, which represents 28.84% per cent of the total voting rights in the Company.

Kestrel's interest in the Ordinary Shares in the Company is held through the following nominees:

Holding type	Nominee	No. of Ordinary Shares	% of total voting rights
Indirect	Bank of New York Nominees Ltd	20,227,082	14.92%
Indirect	JIM Nominees Limited	2,407,591	1.78%
Indirect	Bank of New York Nominees Ltd	10,576,173	7.80%
Indirect	Northern Trust Company AVFC	5,888,848	4.34%

For further information contact:

Pulsar Group plc Joanna Arnold (CEO) Mark Fautley (CFO)	020 3426 4070
Cavendish Capital Markets Limited (Nominated Adviser and Broker) Corporate Finance: Marc Malmo / Isaac Hooper / Elysia Bough Corporate Broking: Sunila de Silva	020 7220 0500

 ANNEX

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Satterthwaite
2	Reason for the notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pulsar Group plc
b)	LEI	213800PPZ4ZM8OMHGT41
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 the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each ("Ordinary Shares") ISIN: GB00BGQVB052
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	8 May 2025 Price(s) Volume(s) 0.38 26,315
d)	Aggregated information - Aggregated volume - Price	Purchased 26,315 shares at a price of GBP 0.38.
e)	Date of the transaction	8 May 2025
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joanna Arnold
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pulsar Group plc
b)	LEI	213800PPZ4ZM8OMHGT41
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 the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each ("Ordinary Shares") ISIN: GB00BGQVB052
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	8 May 2025 Price(s) Volume(s) 0.38 39,473
d)	Aggregated information - Aggregated volume - Price	Purchased 39,473 shares at a price of GBP 0.38.
e)	Date of the transaction	8 May 2025
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Fautley
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pulsar Group plc
b)	LEI	213800PPZ4ZM8OMHGT41
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 the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each ("Ordinary Shares") ISIN: GB00BGQVB052
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	8 May 2025 Price(s) Volume(s) 0.38 39,473
d)	Aggregated information - Aggregated volume - Price	Purchased 39,473 shares at a price of GBP 0.38.
e)	Date of the transaction	8 May 2025
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sarah Vawda
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pulsar Group plc
b)	LEI	213800PPZ4ZM8OMHGT41
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 the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each ("Ordinary Shares") ISIN: GB00BGQVB052
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	8 May 2025 Price(s) Volume(s) 0.38 13,157
d)	Aggregated information - Aggregated volume - Price	Purchased 13,157 shares at a price of GBP 0.38.
e)	Date of the transaction	8 May 2025
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

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 - Max Royde (non-executive director)
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pulsar Group plc
b)	LEI	213800PPZ4ZM8OMHGT41
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 the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each ("Ordinary Shares") ISIN: GB00BGQVB052
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	8 May 2025 Price(s) Volume(s) 0.38 3,142,449 shares
d)	Aggregated information - Aggregated volume - Price	Purchase total 3,142,449 shares at a price of GBP 0.38.
e)	Date of the transaction	8 May 2025
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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