31st Mar 2017 15:16
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 |
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| - Price |
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e) | Date of the transaction | 31 March 2017 |
f) | Place of the transaction | London Stock Exchange (XLON) |
Related Shares:
Stilo