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STAR - Starcom News Story

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Sector
Technology
Size
Micro Cap
Market Cap £4.23m
Enterprise Value £4.92m
Revenue £4.66m
Position in Universe 1653rd / 1810

Starcom PLC - Director/PDMR Shareholding

Mon 19th August, 2019 1:39pm
RNS Number : 5198J
Starcom PLC
19 August 2019
 

19 August 2019

Starcom plc

("Starcom" or the "Company")

 

Director/PDMR Shareholding

 

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 Avi Hartmann, CEO of the Company, that on 16 August 2019 he purchased 2,000,000 ordinary shares in the Company ("Ordinary Shares") at a price of 1.325p per Ordinary Share.

 

As a result of this purchase, Mr Hartmann's beneficial interest in the Company's share capital is at 24,197,936 Ordinary Shares, representing approximately 7.01 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.

For further information please contact

Starcom Plc

Michael Rosenberg, Chairman

Avi Hartmann, CEO

 

 

07785 727595

+972 5477 35663

Allenby Capital Limited (Nominated Adviser and Joint Broker)

James Reeve/Jeremy Porter/Asha Chotai

 

020 3328 5656

Peterhouse Capital Limited (Joint Broker)

Lucy Williams/Charles Goodfellow/Eran Zucker

 

020 7469 0930

Leander PR (Financial PR)

Christian Taylor-Wilkinson

 

07795 168 157

 

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

Avi Hartmann

 

2

Reason for the notification

a)

Position/status

CEO

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

Purchase of ordinary shares

 

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

1.325p

 

2,000,000

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

16 August 2019

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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