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RNS Number : 2309B
Stilo International PLC
31 March 2017
 

31 March 2017

STILO INTERNATIONAL PLC

Director / PDMR Shareholding

Stilo International plc ("Stilo" or the "Company") has been notified that David Ashman, the Company's Chairman and Non-Executive Director, has today transferred a total of 7,590,000 ordinary shares of 1p each in Stilo ("Ordinary Shares") as a gift to his three adult children.

Following this transfer, David Ashman has a beneficial interest in 13,312,000 Ordinary Shares, representing approximately 11.7 percent. of the issued share capital of the Company.

 

ENQUIRIES

Stilo International plc

Les Burnham, Chief Executive

Telephone: +44 1793 441 444                     

           SPARK Advisory Partners

           (Nominated Adviser)

           Neil Baldwin / Mark Brady

           Telephone +44 (0) 203 368 3554

                                                                                       SI Capital (Broker)

                                                                                       Nick Emerson / Andy Thacker

                                                                                       Telephone: +44 (0) 1483 413500

 

1.

Details of the PDMR / person closely associated

a)

Name

David Ashman

2.

Reason for the notification

a)

Position / status

PDMR

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Stilo International  plc

b)

LEI

213800QIK312ADX4DN82

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

Identification code

Transfer of ordinary shares of £0.01 each in Stilo International plc

GB0009597484

b)

Nature of the transaction

Transfer of Shares

c)

Price(s) and volume(s)

7,590,000 shares for nil consideration

d)

Aggregated information

N/A (Single transaction)

 

-      Aggregated volume

 

 

-      Price

 

e)

Date of the transaction

31 March 2017

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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