REG-SThree SThree: Director/PDMR Shareholding

SThreeAnnouncement

23/02/2022 16:15

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   SThree (STEM)
   SThree: Director/PDMR Shareholding

   23-Feb-2022 / 16:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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                                   SThree plc

   Notification and public disclosure of transactions by persons discharging
   managerial responsibilities ("PDMRs") and persons closely associated with
   them

    

   SThree plc (the 'Company') announces that performance share awards under
   the Long Term Incentive Plan ("LTIP") were granted on 22 February 2022,
   for no consideration, to the PDMRs detailed below:

   PDMR         Position                Number of Shares awarded under the
                                        LTIP
   Timo Lehne   Interim Chief Executive 133,630
   Andrew Beach Chief Financial Officer 117,886

    

   The awards will vest three years after grant date, subject to the
   performance conditions being met.

   Performance targets and target ranges are set out as follows:

   LTIP targets     EPS      TSR vs. peer      Strategic           ESG
                                group
                                                             Three targets in
                                                             relation to:

                2024 EPS to 2022-2024                          • Positively
                be between  performance    2024 adjusted         impacting
                51.9p (25%  between median operating profit      lives
    2022-2024   vesting)    (25% vesting)  conversion ratio    • Increasing
                and 63.0p   and upper      between 19% (25%      our
                (100%       quartile (100% vesting) and 23%      renewables
                vesting)    vesting)       (100% vesting)        business
                                                               • Carbon
                                                                 reduction

                                                              
       LTIP     50%         20%            20%               10% (3.3% for
    weighting                                                each measure)

    

   The relevant notifications are set out below.

   1. Details of the person discharging managerial responsibilities / person
   closely associated
   a) Names                       Timo Lehne
   2. Reason for the notification
   a) Position/status             Director and Interim Chief Executive
   b) Initial notification        Initial notification
   /Amendment
   3. Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
   a) Name                        SThree plc
   b) LEI                         2138003NEBX5VRP3EX50
   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  Ordinary shares of 1p
   instrument
                                  GB00B0KM9T71
   Identification code
   b) Nature of the transaction   A performance share award granted under the
                                  SThree plc Long Term Incentive Plan
    
   c) Price(s) and volume(s)      Price                Volume(s)

                                  £Nil                 133,630
   d) Aggregated information       

   - Aggregated volume            133,630

   - Price                        £Nil
   e) Date of the transaction     22/02/2022
   f) Place of the transaction    Off market

                                        

                                        

   1. Details of the person discharging managerial responsibilities / person
   closely associated
   a) Names                       Andrew Beach
   2. Reason for the notification
   a) Position/status             Director and Chief Financial Officer
   b) Initial notification        Initial notification
   /Amendment
   3. Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
   a) Name                        SThree plc
   b) LEI                         2138003NEBX5VRP3EX50
   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  Ordinary shares of 1p
   instrument
                                  GB00B0KM9T71
   Identification code
   b) Nature of the transaction   A performance share award granted under the
                                  SThree plc Long Term Incentive Plan
    
   c) Price(s) and volume(s)      Price                Volume(s)

                                  £Nil                 117,886
   d) Aggregated information       

   - Aggregated volume            117,886

   - Price                        £Nil
   e) Date of the transaction     22/02/2022
   f) Place of the transaction    Off market

    

   Enquiries:

   Bill Warner

   Deputy Company Secretary

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   ISIN:           GB00B0KM9T71
   Category Code:  DSH
   TIDM:           STEM
   LEI Code:       2138003NEBX5VRP3EX50
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   144946
   EQS News ID:    1286957


    
   End of Announcement EQS News Service

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