Starcom PLC Director/PDMR shareholdings (1248J)

TIDMSTAR

RNS Number : 1248J

Starcom PLC

26 June 2017

26 June 2017

Starcom Plc

("Starcom" or the "Company")

Admission and Block Admission effective

Director/PDMR shareholdings

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce that the 43,333,336 new Ordinary Shares issued in the Placing announced on 21 June 2017 have today been admitted to trading on AIM. The Block Admission of up to 8,666,667 new Ordinary Shares which may be issued pursuant to the exercise of the Placing Warrants has also become effective.

The interests of the Directors and co-founders in the Ordinary Shares of the Company are as stated in the table below:

 
                       Ordinary Shares   % of voting 
                                              rights 
 Avi Hartmann               22,197,936          11.0 
 Avi Engel                     498,334           0.2 
 Michael Rosenberg*          1,728,334           0.9 
 Uri Hartmann               23,597,934          11.7 
 Doron Kedem                23,597,934          11.7 
 

* Mr Rosenberg's shares are held through his personal pension plan of which he is the sole beneficiary.

-ends-

For further information, please contact:

Starcom Plc

Michael Rosenberg, Chairman 07785 727 595

Avi Hartmann, CEO [phone]

[phone]

Northland Capital Partners Limited

(Nominated Adviser and Broker) 020 3861 6625

Edward Hutton / David Hignell (Corporate Finance)

   John Howes   (Sales and Broking) 
   Peterhouse Corporate Finance (Joint Broker)                                     020 7469 0930 

Lucy Williams / Charles Goodfellow / Eran Zucker

Leander PR (Financial PR) 020 7520 9267

Christian Taylor-Wilkinson 07795 168 157

This information is provided by RNS

The company news service from the London Stock Exchange

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June 26, 2017 03:27 ET (07:27 GMT)