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29 Mar 2017 14:30
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29 March 2017
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")
PDMR Dealings
Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces that it has received the following notification of dealings in Stellar shares from certain Directors of the Company. As stated in the Company's announcement dated 24 March 2017, following the Subscription and issue of Director Fee Shares the Directors hold the following number of shares in the Company:
Director | Number of shares held prior to the Subscription and issue of Director Fee Shares | Number of Director Fee Shares | Number of Subscription Shares | Number of shares held subsequent to the Subscription and issue of Director Fee Shares |
Peter Daresbury | 628,936 | 639,358 | - | 1,268,294 |
Karl Smithson | 728,266 | 389,844 | - | 1,118,110 |
Steven Poulton | 567,342 | 285,767 | 363,636 | 1,216,745 |
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Steven Poulton | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Director | ||||||
b. | Initial notification/ Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Stellar Diamonds Plc | ||||||
b. | LEI | |||||||
4 | Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each placewhere transactions have been conducted | |||||||
a. | Description of the financial instrument, type of instrumentIdentification Code | Ordinary Shares of 1 pence each GB00BYZ5QT80 | ||||||
b. | Nature of the transaction | Participation in Subscription and issue of Director Fee Shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) per share | Volume(s) | |||||||
5.5 pence 5.5 pence |
285,767 363,636 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price | 649,403 £35,717.16 | ||||||
e. | Date of the transaction | 8:00 am 27 March 2017 | ||||||
f. | Place of the transaction | London AIM | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Lord Peter Daresbury | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Director | ||||||
b. | Initial notification/ Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Stellar Diamonds 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 the financial instrument, type of instrumentIdentification Code | Ordinary Shares of 1 pence each GB00BYZ5QT80 | ||||||
b. | Nature of the transaction | Issue of Director Fee Shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) per share | Volume(s) | |||||||
5.5 pence |
639,358 | |||||||
| ||||||||
d. | Aggregated information
- Aggregated Volume - Price |
639,358 £35,164.69 | ||||||
e. | Date of the transaction | 8:00 am 27 March 2017 | ||||||
f. | Place of the transaction | London AIM | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Nicholas Karl Smithson | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Director | ||||||
b. | Initial notification/ Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Stellar Diamonds 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 the financial instrument, type of instrumentIdentification Code | Ordinary Shares of 1 pence each GB00BYZ5QT80 | ||||||
b. | Nature of the transaction | Issue of Director Fee Shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) per share | Volume(s) | |||||||
5.5 pence | 389,844 | |||||||
| ||||||||
d. | Aggregated information
- Aggregated Volume - Price |
389,844 £21,441.42 | ||||||
e. | Date of the transaction | 8:00 am 27 March 2017 | ||||||
f. | Place of the transaction | London AIM | ||||||
** ENDS **
For further information contact the following or visit the Company's website at www.stellar-diamonds.com.
Karl Smithson, CEO Philip Knowles, CFO | Stellar Diamonds plc Stellar Diamonds plc | Tel: +44 (0) 20 7010 7686 Tel: +44 (0) 20 7010 7686 |
Emma Earl Sandy Jamieson | Cairn Financial Advisers (Nominated Adviser) | Tel: +44 (0) 20 7213 0880 |
Jon Bellis | Beaufort Securities Limited (Joint Broker) | Tel: +44 (0) 20 7382 8300 |
Martin Lampshire
Rory Scott | Peterhouse Corporate Finance (Joint Broker) Mirabaud Securities (Financial Advisers) | Tel: +44 (0) 20 7469 0930
Tel: +44 (0) 20 7878 3360 |
Lottie Brocklehurst Charlotte Page | St Brides Partners Ltd (Financial PR) | Tel: +44 (0) 20 7236 1177 |
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