STM Group PLC Director/PDMR Shareholding (2227I)

TIDMSTM

RNS Number : 2227I

STM Group PLC

22 November 2018

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 November Kevin Dann, Managing Director of STM Life Assurance PCC PLC, a wholly owned subsidiary of STM Group PLC (who is a PDMR) purchased 892 Ordinary Shares at a price of 57 pence per share as a result of the dividend reinvestment policy of his personal pension scheme (SIPP).

Following the above transaction, the SIPP holds 74,254 Ordinary Shares.

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 Officer                    Via Walbrook PR 
  Therese Neish, Chief Financial Officer              www.stmgroupplc.com 
 
 FinnCap                                                  www.finncap.com 
 Matt Goode / Emily Watts - Corporate Finance        Tel: [phone] 
  Tim Redfern / Richard Chambers - ECM                               0500 
 
 Walbrook                                              www.walbrookpr.com 
 Tom Cooper / Paul Vann                              Tel: [phone] 
                                                                     8780 
                                                     Mob: [phone] 
                                                                     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 the               Ordinary Shares of 0.01p 
                  Financial instrument, 
                  type of instrument 
                 Identification code              IM00B1S9KY98 
                -------------------------------  -------------------------------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  -------------------------------------------------------- 
 c)              Price(s) and volume(s)            Price(s)   Volume(s) 
                                                    57p        892 
                                                              ---------- 
                -------------------------------  -------------------------------------------------------- 
 d)              Aggregated information:          Single transaction as in 4c) above Price(s)   Volume(s) 
                   *    Aggregated volume           57p        892 
                                                              ---------- 
 
                   *    Price 
                -------------------------------  -------------------------------------------------------- 
 e)              Date of the transaction           19 November 2018 
                -------------------------------  -------------------------------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  -------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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November 22, 2018 06:09 ET (11:09 GMT)