REG - STV Group PLC - Director/PDMR Shareholding

STVAnnouncement

13/03/2019 13:00

RNS Number : 7753S
STV Group PLC
13 March 2019
 


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 379.50 pence per ordinary share of 50p each, being the closing price on Tuesday 12 March 2019. 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)




379.50p


40,000








d)


Aggregated information
Aggregated volume price


n/a




e)


Date of the transaction


13 March 2019




f)


Place of the transaction


London Stock Exchange



 
Jane E A Tames
Company Secretary
STV Group plc
0141 300 3074                                                                                                            13 March 2019




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.
 
END
 
 
DSHEAADDFSLNEFF