Last checked at 11 Oct 2018 12:17
STV GROUP PLC (the "Company")
DIRECTOR/PDMR SHAREHOLDING
The Company announces that George Watt has today exercised and sold 40,000 options previously earned and awarded under the 2013 Value Creation Plan.
Mr Watt sold his shares to the STV Employee Benefit Trust ("EBT"). The shares were sold at a price of 369 pence per ordinary share of 50p each, being the closing price on Wednesday 10 October 2018. The EBT will hold the shares for the purpose of satisfying future employee share awards.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA') | |||||
a) | Name | George Watt | ||||
2. | Reason for notification | |||||
b) | Position / status | Chief Financial Officer
| ||||
c) | Initial notification / amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
b) | Name | STV Group plc | ||||
c) | LEI | 21380075GOOTTBDNDJ58 | ||||
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
Identification code | Ordinary shares of 50p each
GB00B3CX3644 | ||||
b) | Nature of the transaction | sale of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume price | n/a | ||||
e) | Date of the transaction | 11 October 2018 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
Jane E A Tames
Company Secretary
STV Group plc
0141 300 3074 11 October 2018