PDMR Shareholding
03 December 2021
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 |
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Alan Kentish, Chief Executive Officer Nicole Coll, Chief Financial Officer | Via Walbrook PR |
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finnCap | |
Matt Goode / Abigail Kelly - Corporate Finance Tim Redfern / Richard Chambers - ECM | Tel: +44 (0) 20 7220 0500 |
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Walbrook | |
Tom Cooper / Paul Vann | Tel: +44 (0) 20 7933 8780 |
| Mob: +44 (0) 797 122 1972 |
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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) |
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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) | ||||