Pegasus Fund LD(The Director/PDMR Shareholding

Date : 05/09/2008 @ 12:41PM
Source : UK Regulatory (RNS and others)
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Pegasus Fund LD(The Director/PDMR Shareholding

RNS Number:1393U
Pegasus Fund Limited (The)
09 May 2008

                                  SCHEDULE 11

    Notification of Transactions of Directors/Persons Discharging Managerial
                      Responsibility and Connected Persons





All relevant boxes should be completed in block capital letters


1    Name of the Issuer                            2    State whether the notification relates
to:

     The Pegasus Fund Limited                            (i) a transaction notified in
accordance with Market
                                                        Abuse Rules; (ii) a disclosure made in
accordance
                                                        with section 53 (as extended by
section 64 of the
                                                        Companies Act 1990) or entered into
the issuer's
                                                        register in accordance with section 59
of the
                                                        Companies Act 1990; or (iii) both (i)
and (ii).

                                                        (i)
3    Name of person discharging managerial         4    State whether notification relates to
a person
     responsibilities/director                          connected with a person discharging
managerial
                                                        responsibilities/director named in 3
and identify the
     David Ross- Partner of Clareville Capital          connected person
     Partners LLP (Investment Manager)
                                                        N/A
     Indicate whether the notification is in       6    Description of shares (including
class) debentures or
     respect of a holding of the person referred        derivatives or financial instruments
relating to
     to in 3 or 4 above or in respect of a              shares
     non-beneficial interest
                                                        GBP shares
     3
7    Name or registered shareholder(s) and, if     8    State the nature of the transaction
     more than one, number of shares held by each
     of them                                            Redemption

     Citco Global Custody N.V. JPMIB
9    Number of shares, debentures or financial     10   Percentage of issued class acquired
(treasury shares
     instruments relating to shares acquired            of that class should not be taken into
account when
                                                        calculating  percentage)
     N/A
                                                        N/A

11   Number of shares, debentures or financial     12   Percentage of issued class disposed
(treasury shares
     instruments relating to shares disposed            of that class should not be taken into
account when
                                                        calculating  percentage)
     9,937.00
                                                        0.93%
13   Price per share or value of transaction       14   Date and place of transaction

     #38.52 GBP per share                               1st May 2008

     #382,773.24 total value
15   Total holding following notification and      1    Date issuer informed of transaction
     total percentage holding following
     notification (any treasury shares should not  6    1st May 2008
     be taken into account when calculating
     percentage)

     N/A




If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:


17   Date of grant                                       18   Period during which or date on
which it can
                                                              be exercised
19   Total amount paid (if any) for grant of the option  20   Description of shares or
debentures
                                                              involved (class and number)
21   Exercise price (if fixed at time of grant) or       22   Total number of shares or
debentures over
     indication that the price is to be fixed at the          which options are held
following
     time of exercise                                         notification
23   Any additional information                          24   Name of contact and telephone
number for
                                                              queries

                                                              Nicola O'Neill (01) 4367200







Name and signature of authorised officer of issuer responsible for making notification

____________________________________________________

Date of notification ___________________________________





                                  SCHEDULE 11

    Notification of Transactions of Directors/Persons Discharging Managerial
                      Responsibility and Connected Persons





All relevant boxes should be completed in block capital letters


1    Name of the Issuer                            2    State whether the notification relates
to:

     The Pegasus Fund Limited                            (i) a transaction notified in
accordance with Market
                                                        Abuse Rules; (ii) a disclosure made in
accordance
                                                        with section 53 (as extended by
section 64 of the
                                                        Companies Act 1990) or entered into
the issuer's
                                                        register in accordance with section 59
of the
                                                        Companies Act 1990; or (iii) both (i)
and (ii).

                                                        (i)
3    Name of person discharging managerial         4    State whether notification relates to
a person
     responsibilities/director                          connected with a person discharging
managerial
                                                        responsibilities/director named in 3
and identify the
     David Yarrow - Director of Clareville Capital      connected person
     (Investment Manager)
                                                        N/A
     Indicate whether the notification is in       6    Description of shares (including
class) debentures or
     respect of a holding of the person referred        derivatives or financial instruments
relating to
     to in 3 or 4 above or in respect of a              shares
     non-beneficial interest
                                                        GBP shares
     3
7    Name or registered shareholder(s) and, if     8    State the nature of the transaction
     more than one, number of shares held by each
     of them                                            Subscription

     DY Furbs Ltd
9    Number of shares, debentures or financial     10   Percentage of issued class acquired
(treasury shares
     instruments relating to shares acquired            of that class should not be taken into
account when
                                                        calculating  percentage)
     2,525.00
                                                        0.24%

11   Number of shares, debentures or financial     12   Percentage of issued class disposed
(treasury shares
     instruments relating to shares disposed            of that class should not be taken into
account when
                                                        calculating  percentage)
     N/A
                                                        N/A
13   Price per share or value of transaction       14   Date and place of transaction

     #38.52 GBP per share                               1st May 2008

     #97,245.81 total value
15   Total holding following notification and      1    Date issuer informed of transaction
     total percentage holding following
     notification (any treasury shares should not  6    1st May 2008
     be taken into account when calculating
     percentage)

     2,653.00 GBP shares as at 1st May 2008

     0.25%




If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:


17   Date of grant                                       18   Period during which or date on
which it can
                                                              be exercised
19   Total amount paid (if any) for grant of the option  20   Description of shares or
debentures
                                                              involved (class and number)
21   Exercise price (if fixed at time of grant) or       22   Total number of shares or
debentures over
     indication that the price is to be fixed at the          which options are held
following
     time of exercise                                         notification
23   Any additional information                          24   Name of contact and telephone
number for
                                                              queries

                                                              Nicola O'Neill (01) 4367200







Name and signature of authorised officer of issuer responsible for making notification

____________________________________________________

Date of notification ___________________________________



                                  SCHEDULE 11

    Notification of Transactions of Directors/Persons Discharging Managerial
                      Responsibility and Connected Persons





All relevant boxes should be completed in block capital letters


1    Name of the Issuer                            2    State whether the notification relates
to:

     The Pegasus Fund Limited                            (i) a transaction notified in
accordance with Market
                                                        Abuse Rules; (ii) a disclosure made in
accordance
                                                        with section 53 (as extended by
section 64 of the
                                                        Companies Act 1990) or entered into
the issuer's
                                                        register in accordance with section 59
of the
                                                        Companies Act 1990; or (iii) both (i)
and (ii).

                                                        (i)
3    Name of person discharging managerial         4    State whether notification relates to
a person
     responsibilities/director                          connected with a person discharging
managerial
                                                        responsibilities/director named in 3
and identify the
     David Yarrow- Director of Clareville Capital       connected person
     (Investment Manager)
                                                        N/A
     Indicate whether the notification is in       6    Description of shares (including
class) debentures or
     respect of a holding of the person referred        derivatives or financial instruments
relating to
     to in 3 or 4 above or in respect of a              shares
     non-beneficial interest
                                                        GBP shares
     3
7    Name or registered shareholder(s) and, if     8    State the nature of the transaction
     more than one, number of shares held by each
     of them                                            Redemption

     David Yarrow
9    Number of shares, debentures or financial     10   Percentage of issued class acquired
(treasury shares
     instruments relating to shares acquired            of that class should not be taken into
account when
                                                        calculating  percentage)
     N/A
                                                        N/A

11   Number of shares, debentures or financial     12   Percentage of issued class disposed
(treasury shares
     instruments relating to shares disposed            of that class should not be taken into
account when
                                                        calculating  percentage)
     6,000.00
                                                        0.56%
13   Price per share or value of transaction       14   Date and place of transaction

     #38.52 GBP per share                               1st May 2008

     #231,120.00 total value
15   Total holding following notification and      1    Date issuer informed of transaction
     total percentage holding following
     notification (any treasury shares should not  6    1st May 2008
     be taken into account when calculating
     percentage)

     87,953.00 GBP shares as at 1st May 2008

     8.24%




If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:


17   Date of grant                                       18   Period during which or date on
which it can
                                                              be exercised
19   Total amount paid (if any) for grant of the option  20   Description of shares or
debentures
                                                              involved (class and number)
21   Exercise price (if fixed at time of grant) or       22   Total number of shares or
debentures over
     indication that the price is to be fixed at the          which options are held
following
     time of exercise                                         notification
23   Any additional information                          24   Name of contact and telephone
number for
                                                              queries

                                                              Nicola O'Neill (01) 4367200







Name and signature of authorised officer of issuer responsible for making notification

____________________________________________________

Date of notification ___________________________________



                                  SCHEDULE 11

    Notification of Transactions of Directors/Persons Discharging Managerial
                      Responsibility and Connected Persons





All relevant boxes should be completed in block capital letters


1    Name of the Issuer                            2    State whether the notification relates
to:

     The Pegasus Fund Limited                            (i) a transaction notified in
accordance with Market
                                                        Abuse Rules; (ii) a disclosure made in
accordance
                                                        with section 53 (as extended by
section 64 of the
                                                        Companies Act 1990) or entered into
the issuer's
                                                        register in accordance with section 59
of the
                                                        Companies Act 1990; or (iii) both (i)
and (ii).

                                                        (i)
3    Name of person discharging managerial         4    State whether notification relates to
a person
     responsibilities/director                          connected with a person discharging
managerial
                                                        responsibilities/director named in 3
and identify the
     David Ross- Partner of Clareville Capital          connected person
     Partners LLP (Investment Manager)
                                                        N/A
     Indicate whether the notification is in       6    Description of shares (including
class) debentures or
     respect of a holding of the person referred        derivatives or financial instruments
relating to
     to in 3 or 4 above or in respect of a              shares
     non-beneficial interest
                                                        GBP shares
     3
7    Name or registered shareholder(s) and, if     8    State the nature of the transaction
     more than one, number of shares held by each
     of them                                            Subscription

     Standard Life Trustee Company Ltd. Re:
     D1050849000/ROSS
9    Number of shares, debentures or financial     10   Percentage of issued class acquired
(treasury shares
     instruments relating to shares acquired            of that class should not be taken into
account when
                                                        calculating  percentage)
     2,304.00
                                                        3.43%

11   Number of shares, debentures or financial     12   Percentage of issued class disposed
(treasury shares
     instruments relating to shares disposed            of that class should not be taken into
account when
                                                        calculating  percentage)
     N/A
                                                        N/A
13   Price per share or value of transaction       14   Date and place of transaction

     #130.91 GBP per share                              1st May 2008

     #301,559.36 total value
15   Total holding following notification and      1    Date issuer informed of transaction
     total percentage holding following
     notification (any treasury shares should not  6    1st May 2008
     be taken into account when calculating
     percentage)

     2,304.00 GBP shares as at 1st May 2008

     3.43%




If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:


17   Date of grant                                       18   Period during which or date on
which it can
                                                              be exercised
19   Total amount paid (if any) for grant of the option  20   Description of shares or
debentures
                                                              involved (class and number)
21   Exercise price (if fixed at time of grant) or       22   Total number of shares or
debentures over
     indication that the price is to be fixed at the          which options are held
following
     time of exercise                                         notification
23   Any additional information                          24   Name of contact and telephone
number for
                                                              queries

                                                              Nicola O'Neill (01) 4367200







Name and signature of authorised officer of issuer responsible for making notification

____________________________________________________

Date of notification ___________________________________





Notes:           This form is intended for use by an issuer to make a RIS
notification required by (the Market Abuse Rules(1) and) section 53 (as extended
by section 64 of the Companies Act 1990) or entered into the issuer's register
in accordance with section 59 of the Companies Act 1990.



(1)       An issuer making a notification in respect of a transaction relating
to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and
24.



(2)       An issuer making a notification in respect of a derivative relating to
the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14,16,23 and 24.



(3)       An issuer making a notification in respect of options granted to a
director/person discharging managerial responsibilities should complete boxes 1
to 3 and 17 to 24



(4)       An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.







This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.





--------------------------


(1) Please note that the requirement to make a notification under the Market
Abuse Rules does not apply until 1 October 2005. Schedule 11 may be subject to
amendment prior to 1 October 2005 to bring it in line with IFSRA's 'Notification
of Transactions of Directors/Persons Discharging Managerial Responsibility and
Connected Persons' under the Market Abuse Disclosure Rules.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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