STL Stilo International Plc

TIDMSTL

RNS Number : 2309B

Stilo International PLC

31 March 2017

31 March 2017

STILO INTERNATIONAL PLC

Director / PDMR Shareholding

Stilo International plc ("Stilo" or the "Company") has been notified that David Ashman, the Company's Chairman and Non-Executive Director, has today transferred a total of 7,590,000 ordinary shares of 1p each in Stilo ("Ordinary Shares") as a gift to his three adult children.

Following this transfer, David Ashman has a beneficial interest in 13,312,000 Ordinary Shares, representing approximately 11.7 percent. of the issued share capital of the Company.

ENQUIRIES

 
Stilo International             SPARK Advisory Partners 
 plc                             (Nominated Adviser) 
 Les Burnham, Chief              Neil Baldwin / Mark Brady 
 Executive                       Telephone +44 (0) 203 368 3554 
 Telephone: +44 1793 
 441 444 
 

SI Capital (Broker)

Nick Emerson / Andy Thacker

Telephone: +44 (0) 1483 413500

 
 1.   Details of the PDMR / person closely 
       associated 
---  --------------------------------------------------------- 
 a)   Name                            David Ashman 
---  ------------------------------  ------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position                        PDMR 
       / status 
---  ------------------------------  ------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  ------------------------- 
 3.   Details of the issuer, emission 
       allowance market participant, auction 
       platform, auctioneer or auction 
       monitor 
---  --------------------------------------------------------- 
 a)   Name                            Stilo International 
                                       plc 
---  ------------------------------  ------------------------- 
 b)   LEI                             213800QIK312ADX4DN82 
---  ------------------------------  ------------------------- 
 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                     Transfer of ordinary 
       of the financial                shares of GBP0.01 each 
       instrument,                     in Stilo International 
       type of instrument              plc 
       Identification                  GB0009597484 
       code 
---  ------------------------------  ------------------------- 
 b)   Nature of                       Transfer of Shares 
       the transaction 
---  ------------------------------  ------------------------- 
 c)   Price(s)                        7,590,000 shares for 
       and volume(s)                   nil consideration 
---  ------------------------------  ------------------------- 
 d)   Aggregated                      N/A (Single transaction) 
       information 
 
             *    Aggregated volume 
 
             *    Price 
---  ------------------------------  ------------------------- 
 e)   Date of the                     31 March 2017 
       transaction 
---  ------------------------------  ------------------------- 
 f)   Place of                        London Stock Exchange 
       the transaction                 (XLON) 
---  ------------------------------  ------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 31, 2017 10:16 ET (14:16 GMT)

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