STM Group PLC Director/PDMR Shareholding (8169W)

TIDMSTM

RNS Number : 8169W

STM Group PLC

17 November 2017

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 16 November 2017 Kevin Dann, Managing Director of STM Life Assurance PCC PLC, a wholly owned subsidiary of STM Group PLC (who is a PDMR) purchased 1,057 Ordinary Shares at a price of 39.7 pence per ordinary share of 0.1 pence each ("Ordinary Shares") as a result of the automated dividend reinvestment policy of his personal pension scheme (SIPP).

Following the above transaction, Mr. Dann holds 63,277 Ordinary Shares, representing 0.11 per cent. of the voting rights of the Company.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on this transaction.

For further information, please contact:

 
 STM Group Plc 
 Alan Kentish, Chief Executive                    Via Walbrook PR 
  Officer                                     www.stmgroupplc.com 
  Therese Neish, Chief Financial 
  Officer 
 
 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 
                                        [e-mail] 
 

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 UK, 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 SIPPs, 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)                        ---------  ---------- 
                                         39.7p      1,057 
                                        ---------  ---------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:          Single transaction as in 4 
        *    Aggregated volume          c) above Price(s)   Volume(s) 
                                        ---------  ---------- 
                                         39.7p      1,057 
        *    Price                      ---------  ---------- 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction           16 November 2017 
---  -------------------------------  ------------------------------- 
 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

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November 17, 2017 04:40 ET (09:40 GMT)