Last checked at 22 Sep 2016 09:45
STM Group Plc
("STM", the "Company" or the "Group")
PDMR Shareholding
STM Group Plc (AIM: STM), the cross border financial services provider, announces that on 19 September Kevin Dann, Managing Director (who is a PDMR) of STM Life Assurance PCC PLC, a wholly owned subsidiary of STM Group PLC, has purchased 60,000 Ordinary Shares at an average price of 54.55 pence per Ordinary Share for his personal pension scheme (SIPP).
Following the above transaction, the SIPP holds 60,000 Ordinary Shares.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on this transaction.
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.
Today, STM has operations in Gibraltar, Malta, 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 Qualifying Recognised Overseas Pension Schemes (QROPS), 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
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
a) | Name | Kevin Dann | ||||||||||||
2. | Reason for the Notification | |||||||||||||
a) | Position/status | PDMR, Managing Director of wholly owned subsidiary STM Life Assurance PCC PLC | ||||||||||||
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 | ||||||||||||
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 | Ordinary Shares of 0.01p | ||||||||||||
Identification code | IM00B1S9KY98 | |||||||||||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
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e) | Date of the transaction | 19 September 2016 | ||||||||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||||||||