Business
Purchase of Shares & PDMR Shareholding
Purchase of Shares & PDMR Shareholding.
About this update from Kelso Group Holdings Plc
[{"type":"text","content":"\n\n16 May 2025\n \nKelso Group Holdings Plc\n(\"Kelso\" or the \"Company\")\nPurchase of Shares & PDMR Shareholding\n \nThe Board of Kelso, the main market listed acquisition vehicle, announces it was notified on 15 May 2025 by The Freelands Pension Trust (\"Freelands\") that is had purchased 2,773,130 ordinary shares in Kelso at a price of 2.15p, equal to 0.7% of the issued share capital of Kelso. Prior to this trade Freelands held no shares in Kelso.\nThe sole underlying beneficiary of Freelands is John Goold, CEO of Kelso. Combined with John Goold's existing shareholding of 41,916,666 shares, this takes his total beneficial holding to 44,689,796 shares, being 12% of the issued share capital of Kelso.\n \nFor further information please contact:\n \n\n\n\n\nKelso Group Holdings plc\n\n\n+44 (0) 75 4033 3933\n\n\n\n\nJohn Goold, Chief Executive Officer\nMark Kirkland, Chief Financial Officer\nJamie Brooke, Chief Investment Officer\n\n\n\n\n\n\n\nZeus (Broker)\n\n\n+44 (0) 20 3829 5000\n\n\n\n\nNick Cowles, Louisa Waddell, John Moran (Investment Banking)\nBen Robertson (Corporate Broking)\n\n\n\n\n\n\n\nCamarco\nBilly Clegg, Tom Huddart\n\n\n+44 (0) 20 3757 4980\n\n\n\n\n \nAbout Kelso\nKelso was established in November 2022 to identify, engage and unlock trapped value in the UK stock market. Kelso's strategy is to invest in situations where there is an anomaly between the intrinsic value and prospects of a company and its stock market valuation. Kelso will, in particular, look for situations where it believes the sum of the parts of a business is greater than the current value.\nAs at Kelso's last results date announced on 23rd April 2025 Kelso set out its 5 investments being NCC Plc at 136p being 27% of the portfolio, Selkirk at 2.4p being 26%,THG plc at 28p being 25%, Angling Direct Plc at 35p being 11% and TheWorks.co.uk plc at 21p being 11%. There has been no material change to the portfolio since the last announcement. Prices were as at 22 April 2025.\n \nNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.\n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName\n\n\nJohn Goold (through The Freelands Pension Trust)\n\n\n\n\n2\...