REG - STV Group PLC - Director/PDMR Shareholding

STVAnnouncement

11/10/2018 12:20

RNS Number : 7680D
STV Group PLC
11 October 2018
 


STV GROUP PLC (the "Company")
 
DIRECTOR/PDMR SHAREHOLDING
 
 
The Company announces that George Watt has today exercised and sold 40,000 options previously earned and awarded under the 2013 Value Creation Plan.
Mr Watt sold his shares to the STV Employee Benefit Trust ("EBT"). The shares were sold at a price of 369 pence per ordinary share of 50p each, being the closing price on Wednesday 10 October 2018. The EBT will hold the shares for the purpose of satisfying future employee share awards.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them



 1.


Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')




a)


Name


George Watt




2.


Reason for notification




b)


Position / status


Chief Financial Officer
 




c)


Initial notification / amendment


Initial Notification




3.


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




b)


Name


STV Group plc




c)


LEI


21380075GOOTTBDNDJ58




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
 
Identification code


Ordinary shares of 50p each
 
 
GB00B3CX3644




b)


Nature of the transaction


 sale of shares




c)


Price(s) and volume(s)





 Price(s)


Volume(s)




369p


40,000








d)


Aggregated information
Aggregated volume price


n/a




e)


Date of the transaction


11 October 2018




f)


Place of the transaction


London Stock Exchange



 
Jane E A Tames
Company Secretary
STV Group plc
0141 300 3074                                                                                                            11 October 2018




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END
 
 
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