STM Group PLC Directors Share Dealings (6940L)

TIDMSTM

RNS Number : 6940L

STM Group PLC

21 July 2017

STM Group Plc

("STM" the "Company" or the "Group")

Directors Share Dealings

STM Group Plc (AIM: STM), the cross border financial services provider, announces the following share dealings by persons closely associated with certain Directors:

Clifton Participations Inc, a person closely associated with Alan Kentish, Chief Executive Officer, and Quest Traders Limited, a person closely associated with Elizabeth Plummer, Company Secretary, have sold 500,000 and 250,000 ordinary shares of 0.1 pence ("Ordinary Shares") respectively in the Company, in order to satisfy institutional demand.

Following the above transactions, Alan Kentish (indirectly through Clifton Participations Inc, which forms part of the assets of the Perros Trust of which Alan Kentish is a potential beneficiary) holds 6,718,817 Ordinary Shares representing 11.31% of the current total voting rights of the Company and Elizabeth Plummer (indirectly through Quest Traders Limited) holds 1,510,981 Ordinary Shares representing 2.54% of the total voting rights of the Company.

Of the acquiring institutions, one is a new holder in STM.

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details on the above transactions.

For further information, please contact:

 
 STM Group Plc 
 Alan Kentish, Chief Executive        Tel: [phone] 
  Officer                               www.stmgroupplc.com 
  [e-mail] 
 
 Therese Neish, Chief Financial             Tel: [phone] 
  Officer                                             42686 
  [e-mail] 
 
 finnCap                                    www.finncap.com 
 Matt Goode / Emily Watts              Tel: [phone] 
  - Corporate Finance                                  0500 
  Mia Gardner - Corporate 
  Broking 
 
 Walbrook                                www.walbrookpr.com 
 Tom Cooper / Paul Vann                Tel: [phone] 
                                                       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.

STM has operations in the UK, Malta, Gibraltar, 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), and 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

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       Clifton Participations Inc 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            PCA with Alan Kentish, Chief 
                                  Executive Officer 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 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 0.1p each 
       the financial              ("Ordinary Shares") 
       instrument, type 
       of instrument 
 
       Identification             ISIN Code: IM00B1S9KY98 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Sale of Ordinary Shares 
       transaction 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s):       Volume(s): 
                                    51.896 pence    500,000 
---  -------------------------  ----------------------------- 
 d)   Aggregated information     Single transaction as in 
                                  4 c) above 
       - Aggregated volume         Price(s):       Volume(s): 
                                   51.896 pence    500,000 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    20/07/2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM, 
                                  XLON 
---  -------------------------  ----------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                       Quest Traders Limited 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            PCA with Elizabeth Plummer, 
                                  Company Secretary 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------ 
 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 0.1p each 
       the financial              ("Ordinary Shares") 
       instrument, type 
       of instrument 
 
       Identification             ISIN Code: IM00B1S9KY98 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the              Sale of Ordinary Shares 
       transaction 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s):       Volume(s): 
                                    51.896 pence    250,000 
---  -------------------------  ------------------------------ 
 d)   Aggregated information      Single transaction as in 
                                   4 c) above 
                                    Price(s):       Volume(s): 
       - Aggregated volume          51.896 pence    250,000 
 
       - Price 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    20/07/2017 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   London Stock Exchange, AIM, 
                                  XLON 
---  -------------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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July 21, 2017 02:00 ET (06:00 GMT)