Last checked at 21 Jul 2017 07:00
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STM Group Plc
("STM" the "Company" or the "Group")
Directors Share Dealings
STM Group Plc (AIM: STM), the cross border financial services provider, announces the following share dealings by persons closely associated with certain Directors:
Clifton Participations Inc, a person closely associated with Alan Kentish, Chief Executive Officer, and Quest Traders Limited, a person closely associated with Elizabeth Plummer, Company Secretary, have sold 500,000 and 250,000 ordinary shares of 0.1 pence ("Ordinary Shares") respectively in the Company, in order to satisfy institutional demand.
Following the above transactions, Alan Kentish (indirectly through Clifton Participations Inc, which forms part of the assets of the Perros Trust of which Alan Kentish is a potential beneficiary) holds 6,718,817 Ordinary Shares representing 11.31% of the current total voting rights of the Company and Elizabeth Plummer (indirectly through Quest Traders Limited) holds 1,510,981 Ordinary Shares representing 2.54% of the total voting rights of the Company.
Of the acquiring institutions, one is a new holder in STM.
The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details on the above transactions.
For further information, please contact:
STM Group Plc |
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Alan Kentish, Chief Executive Officer alan.kentish@stmgroupplc.com | Tel: 00 350 200 42686 www.stmgroupplc.com |
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Therese Neish, Chief Financial Officer therese.neish@stmgroupplc.com | Tel: 00 350 200 42686
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finnCap | www.finncap.com |
Matt Goode / Emily Watts - Corporate Finance Mia Gardner - Corporate Broking | Tel: +44 (0) 20 7220 0500 |
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Walbrook | www.walbrookpr.com |
Tom Cooper / Paul Vann | Tel: +44 (0) 20 7933 8780 |
| Mob: +44 (0) 797 122 1972 |
| tom.cooper@walbrookpr.com |
Notes to editors:
STM is a multi jurisdictional financial services group which is listed on the AIM Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and the administration of assets for international clients in relation to retirement, estate and succession planning and wealth structuring.
STM has operations in the UK, Malta, Gibraltar, Jersey, and Spain. The Group is looking to expand through the development of additional products and services that its ever more sophisticated clients demand. STM has developed a specialist international pensions division which specialises in SIPPs, Qualifying Recognised Overseas Pension Schemes (QROPS), and Qualifying Non UK Pension Schemes (QNUPS). STM has a Gibraltar Life Insurance Company, STM Life plc, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.
Further information on STM Group can be found at www.stmgroupplc.com
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Clifton Participations Inc | ||||
2
| Reason for the notification
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a)
| Position/status
| PCA with Alan Kentish, Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| STM Group PLC | ||||
b)
| LEI
| 213800SL3481DK3FO347
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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 0.1p each ("Ordinary Shares")
ISIN Code: IM00B1S9KY98
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b)
| Nature of the transaction
| Sale of Ordinary Shares | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information
- Aggregated volume
- Price
| Single transaction as in 4 c) above
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e)
| Date of the transaction
| 20/07/2017 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM, XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Quest Traders Limited | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PCA with Elizabeth Plummer, Company Secretary | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| STM Group PLC | ||||
b)
| LEI
| 213800SL3481DK3FO347
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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 0.1p each ("Ordinary Shares")
ISIN Code: IM00B1S9KY98
| ||||
b)
| Nature of the transaction
| Sale of Ordinary Shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Single transaction as in 4 c) above
| ||||
e)
| Date of the transaction
| 20/07/2017 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM, XLON | ||||