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Pebble Beach Systems Group plc announced that Kestrel Partners LLP transferred 94,000 ordinary shares between certain Kestrel clients on 2 December 2025 at a price of £0.16 per share. Non-Executive Director Chris Errington, a partner of Kestrel, holds a beneficial interest in Kestrel KAPPA Investments Ltd, which received 47,000 shares in this transaction, increasing its holding to 865,058 shares. Following this transfer, Kestrel's combined voting rights in Pebble Beach Systems Group plc remain unchanged at 30,785,529 shares, representing 24.71% of the company's issued share capital.
| Date | 9 Dec 2025 |
| Time | 10:21:55 |
| Category | Director/PDMR dealings |
| ID | 8405K |
Pebble Beach Systems Group plc
(the "Company" or the "Group")
Director/PDMR Shareholding
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, of the following transfer, which took place on 2 December 2025 at a price of £0.16 per share.
Mr. Errington is a partner of, and holds a beneficial interest in, Kestrel Partners LLP ("Kestrel").
Kestrel transferred 94,000 ordinary shares of 2.5p each in Pebble ("Shares") held by certain Kestrel clients to certain other Kestrel clients. Mr. Errington has a beneficial interest in Kestrel KAPPA Investments Ltd, a Kestrel client that is receiving 47,000 Shares in Pebble. Following this transfer Kestrel KAPPA Investments Ltd holds 865,058 Shares in Pebble.
Following this transfer, on a combined basis, Kestrel's interest in Pebble remains unchanged and it continues to control voting rights over 30,785,529 Shares, representing 24.71% per cent of the Company's issued share capital.
Following the transfers described above, Kestrel's voting rights over the Shares of the Company are held through the following nominees:
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Nominee |
No. of shares |
% of issued share capital |
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APEX Group Nominees |
29,787,494 |
23.91% |
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APEX Group Nominees |
865,058 |
0.69% |
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iDealing Nominees Limited |
132,977 |
0.11% |
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For further information please contact:
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ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Chris Errington
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2
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Reason for the notification
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a)
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Position/status
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PCA - Kestrel Partners LLP are a PCA of Christopher Errington (non-executive director of Pebble Beach Systems Group plc and Partner in Kestrel) |
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b)
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Initial notification /Amendment
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Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Pebble Beach Systems Group plc |
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b)
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LEI
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2138006Q5EZTDJMIBM38 |
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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2.5p Ordinary Shares
ISIN: GB0001482891
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b)
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Nature of the transaction
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Transfer between certain Kestrel clients. |
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c)
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Price(s) and volume(s) |
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d)
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Aggregated information |
As above.
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e)
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Date of the transaction
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02/12/2025 |
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f)
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Place of the transaction
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London Stock Exchange |
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