STM Group PLC PDMR Shareholding (5518K)

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: [phone] 
  Officer                                                   42686 
  [e-mail]                www.stmgroupplc.com 
 
 Therese Neish, Chief Financial                   Tel: [phone] 
  Officer                                                   42686 
  [e-mail] 
 
 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 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

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September 22, 2016 04:45 ET (08:45 GMT)