REG - STM Group PLC - PDMR Shareholding <Origin Href="QuoteRef">STMG.L</Origin>
RNS Number : 5518KSTM Group PLC22 September 2016STM 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
Tel: 00 350 200 42686
Therese Neish, Chief Financial Officer
Tel: 00 350 200 42686
FinnCap
Matt Goode / Emily Watts - Corporate Finance
Mia Gardner - Corporate Broking
Tel: +44 (0) 20 7220 0500
Walbrook
Tom Cooper / Paul Vann
Tel: +44 (0) 20 7933 8780
Mob: +44 (0) 797 122 1972
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 RNSThe company news service from the London Stock ExchangeENDDSHLTMPTMBITMTF
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