17th Nov 2016 07:00
Stadium Group plc
("Stadium", the "Company" or the "Group")
Director / PDMR Shareholdings, Exercise of Share Options, Issue of Equity and Total Voting Rights
Stadium Group plc (AIM: SDM), a leading supplier of wireless solutions, power supplies and electronics assemblies, announces that on 16 November 2016, 890,000 new ordinary shares of 5 pence each in the Company ("Ordinary Shares") were issued following the exercise of options under the 2006 Performance Share Plan ("Share Options") by certain employees, including PDMRs.
230,000 of these Share Options were exercised by Charlie Peppiatt, Chief Executive Officer. Mr Peppiatt notified the Company yesterday that he sold 116,227 Ordinary Shares on the same day at 77.0 pence per Ordinary Share to meet the associated tax liability arising on the exercise of Share Options. Following these transactions, Mr Peppiatt is beneficially interested in 236,263 Ordinary Shares, representing 0.62% of the issued share capital of the Company.
Information in respect of other PDMR dealings is set out in the tables below.
Application will be made for the admission of the 890,000 new Ordinary Shares to trading on AIM and dealings are expected to commence at 8:00 am on 23 November 2016. On admission, the Company will have 38,178,122 Ordinary Shares in issue and no shares are held in treasury.
Therefore, the Company's total number of Ordinary Shares with voting rights will be 38,178,122. The figure of 38,178,122 may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the PDMR dealings.
For further information, please contact:
Stadium Group plc | www.stadiuminvestors.com |
Charlie Peppiatt, Chief Executive Officer | Tel: 01189 311 199 |
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Walbrook PR | Tel: 020 7933 8780 or [email protected] |
Paul McManus | Mob: 07980 541 893 |
Helen Cresswell | Mob: 07841 917 679 |
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N+1 Singer | Tel: 020 7496 3000 |
Richard Lindley | |
Nick Owen |
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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
| Charlie Peppiatt - Chief Executive Officer
| ||||
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
| Stadium Group plc | ||||
b)
| LEI
| n/a | ||||
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
| Ordinary Shares
ISIN Code: GB0008375098
| ||||
b)
| Nature of the transaction
| Exercise of options over Ordinary Shares
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction | 16/11/2016 | ||||
f)
| Place of the transaction
| Outside a trading venue
| ||||
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
| Ordinary Shares
ISIN Code: GB0008375098
| ||||
b)
| Nature of the transaction
| Sale of Ordinary Shares
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction | 16/11/2016 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Sohan Singh - Managing Director Stadium Asia
| ||||
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
| Stadium Group plc | ||||
b)
| LEI
| n/a | ||||
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
| Ordinary Shares
ISIN Code: GB0008375098
| ||||
b)
| Nature of the transaction
| Exercise of options over Ordinary Shares
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction | 16/11/2016 | ||||
f)
| Place of the transaction
| Outside a trading venue
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Vincent Light - Managing Director Stadium IGT | ||||
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
| Stadium Group plc | ||||
b)
| LEI
| n/a | ||||
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
| Ordinary Shares
ISIN Code: GB0008375098
| ||||
b)
| Nature of the transaction
| Exercise of options over Ordinary Shares
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction | 16/11/2016 | ||||
f)
| Place of the transaction
| Outside a trading venue
| ||||
Prior to publication, the information contained within this announcement was deemed to constitute inside information under the Market Abuse Regulations (EU) No. 596/2104 ("MAR").
About Stadium Group plc (www.stadiumgroupplc.com)
Stadium Group plc is a leading supplier of wireless solutions, power supplies and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:
1. Technology Products (57% of H1 2016 revenues)
· Wireless solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions
· Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW
· Human Machine Interface - intelligent "HMI" integrated solutions
2. Electronic Assembly (43% of H1 2016 revenues) - previously Electronic Manufacturing Services
· Electronic manufacturing services to global original equipment manufacturers
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Stadium Group PLC