Director/PDMR Shareholding

RNS Number : 5002U
STM Group PLC
03 December 2021
 

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 2nd December 2021, Alan Kentish, CEO of STM Group PLC (who is a PDMR) sold 300,000 Ordinary Shares at a price of 30.845 pence per share, to fulfil personal commitments.  

Following the above transaction, Mr. Kentish holds directly and also through Clifton Participations Inc, (in which he has discretionary interest in) 6,418,817 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

Nicole Coll, Chief Financial Officer

Via Walbrook PR

www.stmgroupplc.com

 

 

finnCap

www.finncap.com

Matt Goode / Abigail Kelly - Corporate Finance

Tim Redfern / Richard Chambers - ECM

Tel: +44 (0) 20 7220 0500

 

 

Walbrook

www.walbrookpr.com

Tom Cooper / Paul Vann

Tel: +44 (0) 20 7933 8780

 

Mob: +44 (0) 797 122 1972

 

STM@walbrookpr.com

Notes to editors:

STM is a multi-jurisdictional financial services group traded on AIM, a market operated by the London Stock Exchange. The Group specialises in the administration of client assets in relation to retirement, estate and succession planning and wealth structuring.

 

Today, the Group has operations in the UK, Gibraltar, Malta and Spain. STM has developed a range of pension products for UK nationals and internationally domiciled clients and has two Gibraltar life assurance companies which provide life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

 

STM's growth strategy is focussed on both organic initiatives and strategic acquisitions.

 

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

Alan Kentish

2. 

Reason for the Notification

a)

Position/status

CEO

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 Financial instrument, type of instrument

Ordinary Shares of 0.01p

Identification code

IM00B1S9KY98

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 30.845p

 300,000

 

d)

Aggregated information:

· Aggregated volume

· Price

Single transaction as in 4c) above  

e)

Date of the transaction

02 December 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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STM Group (STM)
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