Source - RNS
RNS Number : 5518K
STM Group PLC
22 September 2016
 

 

 

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

 

Alan Kentish, Chief Executive Officer

[email protected]

Tel: 00 350 200 42686

www.stmgroupplc.com

 

 

Therese Neish, Chief Financial Officer

[email protected]

 Tel: 00 350 200 42686

 

 

 

FinnCap

www.finncap.com

Matt Goode / Emily Watts - Corporate Finance

Mia Gardner - Corporate Broking

Tel: +44 (0) 20 7220 0500

 

 

Walbrook

www.walbrookpr.com

Tom Cooper / Paul Vann

Tel: +44 (0) 20 7933 8780

 

Mob: +44 (0) 797 122 1972

 

[email protected]

 

 

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)

Price(s)

Volume(s)

54.55p

60,000

 

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Price(s)

Volume(s)

53p

10,000

54.625p

10,000

54.67p

10,000

54.99p

10,000

55p

20,000

 

e)

Date of the transaction

19 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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