STV Group PLC Director/PDMR Shareholding (7680D)

TIDMSTVG

RNS Number : 7680D

STV Group PLC

11 October 2018

STV GROUP PLC (the "Company")

DIRECTOR/PDMR SHAREHOLDING

The Company announces that George Watt has today exercised and sold 40,000 options previously earned and awarded under the 2013 Value Creation Plan.

Mr Watt sold his shares to the STV Employee Benefit Trust ("EBT"). The shares were sold at a price of 369 pence per ordinary share of 50p each, being the closing price on Wednesday 10 October 2018. The EBT will hold the shares for the purpose of satisfying future employee share awards.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
  1.   Details of Persons Discharging Managerial Responsibilities 
        "PDMR" / person closely associated with them ('PCA') 
====  =================================================================== 
 a)    Name                         George Watt 
====  ============================  ===================================== 
 2.    Reason for notification 
====  =================================================================== 
 b)    Position / status                        Chief Financial Officer 
====  ============================  ===================================== 
 c)    Initial notification         Initial Notification 
        / amendment 
====  ============================  ===================================== 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
====  =================================================================== 
 b)    Name                         STV Group plc 
====  ============================  ===================================== 
 c)    LEI                          21380075GOOTTBDNDJ58 
====  ============================  ===================================== 
 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 50p each 
        the financial instrument 
 
        Identification                GB00B3CX3644 
        code 
====  ============================  ===================================== 
 b)    Nature of the transaction      sale of shares 
====  ============================  ===================================== 
 c)    Price(s) and volume(s)          Price(s)   Volume(s) 
                                        369p       40,000 
                                                  ---------- 
====  ============================  ===================================== 
 d)    Aggregated information        n/a 
        Aggregated volume 
        price 
====  ============================  ===================================== 
 e)    Date of the transaction       11 October 2018 
====  ============================  ===================================== 
 f)    Place of the transaction      London Stock Exchange 
====  ============================  ===================================== 
 

Jane E A Tames

Company Secretary

STV Group plc

0141 300 3074 11 October 2018

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END

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October 11, 2018 07:17 ET (11:17 GMT)