REG - Starcom PLC - Director/PDMR Shareholding
RNS Number : 5198JStarcom PLC19 August 201919 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
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