REG - Starcom PLC - Director Shareholding

Star EnergyAnnouncement

20/06/2019 13:00

RNS Number : 9259C
Starcom PLC
20 June 2019
 


20 June 2019
Starcom plc
("Starcom" or the "Company")
 
Director dealing
 
Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets, has been notified by Michael Rosenberg, Chairman, that he has today transferred 500,000 ordinary shares in the Company ("Ordinary Shares") that were registered in the name of Eastkings Ltd, a company to which Mr Rosenberg is the sole beneficial owner, into his personal pension fund. The shares were sold by Eastkings Ltd at a price of 1.632p per Ordinary Share and repurchased by the pension fund at a price of 1.638p per Ordinary Share. 
 
As a result of this transfer, Mr Rosenberg's beneficial interest in the Company's share capital remains unchanged at 3,059,616 Ordinary Shares, representing approximately 0.89 per cent. of the voting rights of the Company.
 
The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation, is appended below.
 
Enquiries:    
 



Starcom Plc








Michael Rosenberg, Chairman


07785 727 595




Avi Hartmann, CEO 
 
 


+972 5447 5663




Allenby Capital Limited (Nominated Adviser and Broker)


020 3328 5656




James Reeve / Jeremy Porter / Asha Chotai 
 
 








Peterhouse Capital Limited (Joint Broker)


020 7469 0930




Lucy Williams / Charles Goodfellow / Eran Zucker 
 
 








Leander PR (Financial PR)


07795 168 157




Christian Taylor-Wilkinson







 
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


Michael Rosenberg
 




2


Reason for the notification




a)


Position/status


Chairman




b)
 


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Starcom plc




b)


LEI


213800XVU7WF3QMF4826




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
 Identification code


Ordinary shares of no par value
 
Identification code (ISIN) for Starcom plc ordinary shares: JE00B8WSDY21




b)


Nature of the transaction


Sale and repurchase of shares
 




c)


Price(s) and volume(s)






Price(s)


Volume(s)




1.632p


Sale of 500,000 shares by Eastkings Ltd
 




1.638p


Repurchase of 500,000 shares by personal pension fund








d)


Aggregated information
- Aggregated volume
- Price


N/A




e)


Date of the transaction


20 June 2019




f)


Place of the transaction


London Stock Exchange (XLON)



 




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END
 
 
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