STU.L Regulatory News (STU)

1. Details of PDMR / person closely associated with them ('PCA')

a)

Name

(Include first name(s) and last name(s).)

(If the PCA is a legal person, state its full name including

legal form as provided for in the register where it is

incorporated, if applicable.)

Clare Victoria Askem (Non-Executive Director)

Peter Thomas Askem (PCA)

b)

Position / status

(For PDMRs, state job title e.g. CEO, CFO.]

(For PCAs, state that the notification concerns a PCA and

the name and position of the relevant PDMR.)

Non-Executive Director

c)

Initial notification/amendment

(Please indicate if this is an initial notification or an amendment to a prior notification. If this is an amendment, please explain the previous error which this amendment has corrected.)

Initial

2. 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

Studio Retail Group plc Ordinary 10p Shares

b)

Nature of the transaction

(e.g. acquisition, disposal, subscription, contract for difference, etc. Please indicate whether the transaction is linked to the exercise of a share option programme.)

Acquisition

c)

Price(s) and volume (s)

(Where more than one transaction of the same nature (purchase, disposal, etc.) of the same financial instrument are executed on the same day and at the same place of transaction, prices and volumes of these transactions should be separately identified in the table, using as many lines as needed. Do not aggregate or net off transactions. In each case, please specify the currency and the metric for quantity.)

d)

Aggregated information - Aggregated volume Price

(Please aggregate the volumes of multiple transactions

when these transactions:

- relate to the same financial instrument;

- are of the same nature;

- are executed on the same day; and

- are executed at the same place of transaction.

Please state the metric for quantity. Please provide:

- in the case of a single transaction, the price of the single transaction; and

- in the case where the volumes of multiple transactions

are aggregated, the weighted average price of the

aggregated transactions. Please state the currency.)

e)

Date of the transaction

(i.e. day of execution of the notified transaction, using the date format: YYYY-MM-DD and please specify the time zone.)

2021-04-30

f)

Place of transaction

(Please name the trading venue where the transaction

was executed. If the transaction was not executed on any

trading venue, please state 'outside a trading venue')

Outside a trading venue