Director/PDMR Shareholding

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 / amendment

Initial Notification

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 the financial instrument

 

Identification code

Ordinary shares of 50p each

 

 

GB00B3CX3644

b)

Nature of the transaction

 sale of shares

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

369p

40,000

d)

Aggregated information

Aggregated volume price

n/a

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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STV Group (STVG)
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