REG - STM Group PLC - Purchase of shares by EBT <Origin Href="QuoteRef">STMG.L</Origin>

STMAnnouncement

13/02/2017 11:40

RNS Number : 7366W
STM Group PLC
13 February 2017
STM Group Plc
("STM", the "Company" or the "Group")
Purchase of Ordinary Shares by STM EBT
STM Group Plc (AIM:STM), the cross border financial services provider, was notified on 13 February 2017 that on that date the STM employee benefit trust ("EBT"), acquired 105,422 ordinary shares of 0.1p each ("Ordinary Shares") in the capital of the Company, representing 0.18 per cent of STM's issued share capital, at a price of 48p per share. These Ordinary Shares are to be held on trust for the purpose of satisfying future awards to beneficiaries of the Company's Value Creation Plan ("VCP"). 
The Company notes that as Therese Neish and Elizabeth Plummer are directors of the trustee of the EBT and Therese Neish is a potential beneficiary of the VCP, they are therefore treated as having an interest in the Ordinary Shares.
For further information, please contact:
STM Group Plc
Alan Kentish, Chief Executive Officer
alan.kentish@stmgroupplc.com
Tel: 00 350 200 42686 
www.stmgroupplc.com
Therese Neish, Chief Financial Officer
therese.neish@stmgroupplc.com
Tel: 00 350 200 42686
finnCap
www.finncap.com
Matt Goode / Emily Watts - Corporate Finance
Mia Gardner - Corporate Broking
Tel: +44 (0) 20 7220 0500
Walbrook
www.walbrookpr.com
Tom Cooper / Paul Vann
Tel: +44 (0) 20 7933 8780
Mob: +44 (0) 797 122 1972
tom.cooper@walbrookpr.com
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
STM Group plc Employee Benefit Trust ("EBT")
2. 
Reason for the Notification
a)
Position/status
Therese Neish (Chief Financial Officer) and Elizabeth Plummer (Company Secretary) are directors of the trustee of the EBT and Therese Neish is a potential beneficiary
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 0.1p
Identification code
IM00B1S9KY98
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
48p
105,422
d)
Aggregated information:
 Aggregated volume
 Price
Single transaction as in 4 c) above 
Price(s)
Volume(s)
48p
105,422
e)
Date of the transaction
13 February 2017
f)
Place of the transaction
London Stock Exchange, AIM (XLON)

This information is provided by RNS
The company news service from the London Stock Exchange
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