Notification and public disclosure of transactions by PDMR and persons closely associated with them
06 February 2017
STM Group Plc (AIM:STM), the cross border financial services provider, announces that on 1st February 2017 legal title and beneficial interest of 9,783 ordinary shares of 0.1p each ("Ordinary Shares") were transferred to Georgina Revill, the wife of Michael Riddell, Chairman of the Company for nil consideration. The transfer of sole legal title of these Ordinary Shares to Georgina Revill has arisen from the distribution of Georgina Revill's mother's estate. Georgina Revill is a "Person Closely Associated" with Michael Riddell under the Market Abuse Regulation.
Following the above transaction, Mr Riddell's interest in Ordinary Shares is 146,783 Ordinary Shares, representing approximately 0.25% per cent of the Company's issued share capital.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on this transaction.
For further information, please contact:
| STM Group Plc | |
| Alan Kentish, Chief Executive Officer | Tel: 00 350 200 42686 |
| [email protected] | www.stmgroupplc.com |
| Therese Neish, Chief Financial Officer | Tel: 00 350 200 42686 |
| [email protected] | |
| FinnCap | www.finncap.com |
| Matt Goode / Emily Watts - Corporate Finance | Tel: +44 (0) 20 7220 0500 |
| Mia Gardner - Corporate Broking | |
| Walbrook | www.walbrookpr.com |
| Tom Cooper / Paul Vann | Tel: +44 (0) 20 7933 8780 Mob:+44(0) 797 122 1972 |
| [email protected] |
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 | Georgina Revill | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Person Closely Associated to Michael Riddell, Chairman | ||||
| 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 | Transfer 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 | 1 February 2017 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||