STM Group PLC PDMR Shareholding (5518K)
September 22 2016 - 3:45AM
UK Regulatory
TIDMSTM
RNS Number : 5518K
STM Group PLC
22 September 2016
STM 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 Tel: 00 350 200
Officer 42686
alan.kentish@stmgroupplc.com www.stmgroupplc.com
Therese Neish, Chief Financial Tel: 00 350 200
Officer 42686
therese.neish@stmgroupplc.com
FinnCap www.finncap.com
Matt Goode / Emily Watts - Corporate Tel: +44 (0) 20
Finance 7220 0500
Mia Gardner - Corporate Broking
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 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 Ordinary Shares of 0.01p
the Financial
instrument, type
of instrument
---
Identification IM00B1S9KY98
code
--- ------------------------------- -----------------------------
b) Nature of the Purchase of Ordinary Shares
transaction
--- ------------------------------- -----------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
54.55p 60,000
--------- ----------
--- ------------------------------- -----------------------------
d) Aggregated information: Price(s) Volume(s)
* Aggregated volume --------- ----------
53p 10,000
--------- ----------
* Price 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 London Stock Exchange, AIM
transaction Market (XLON)
--- ------------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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