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
Alan Kentish, Chief Executive Officer
Nicole Coll, Chief Financial Officer
Via Walbrook PR
Matt Goode / Abigail Kelly - Corporate Finance
Tim Redfern / Richard Chambers - ECM
Tel: +44 (0) 20 7220 0500
Tom Cooper / Paul Vann
Tel: +44 (0) 20 7933 8780
Mob: +44 (0) 797 122 1972
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
Details of the person discharging managerial responsibilities / person closely associated
Reason for the Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
STM Group PLC
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
Description of the Financial instrument, type of instrument
Ordinary Shares of 0.01p
Nature of the transaction
Purchase of Ordinary Shares
Price(s) and volume(s)
Single transaction as in 4c) above
Date of the transaction
02 December 2021
Place of the transaction
London Stock Exchange, AIM Market (XLON)