News

Exercise of options under Sharesave Scheme

Tagged in: RNS Announcements
STV Group plc ("the Company") announces that today, options were exercised by Rob Woodward, Chief Executive Officer and George Watt, Chief Financial Officer under the STV Group plc Sharesave Scheme. The options were originally granted on 30 September 2014 at a price of 338p and mature today.
The Notification of Dealing Form provided in accordance with the requirements of the Market Abuse Regulation in relation to the exercise is set out below.
 
Jane E A Tames
Company Secretary
STV Group plc
0141 300 3074
 
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
 
 
(A)          Rob Woodward
(B)           George Watt
 
2
 
Reason for the notification
 
a)
 
Position/status
 
 
(A)        Chief Executive Officer
(B)        Chief Financial Officer
 
b)
 
Initial notification /Amendment
 
 
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
 
 
STV Group plc
b)
 
LEI
 
 
 
21380075GOOTTBDNDJ58
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 50p each
   
Identification code GB00B3CX3644
   
b)
 
Nature of the transaction
 
 
Exercise of an option to acquire ordinary shares in the Company pursuant to the STV Group plc Sharesave Scheme
c)
 
Price(s) and volume(s)        
    Price(s) Volume(s)  
     
Option price of 338p per share
 
(A)  2,662
(B)  5,325
 
         
d)
 
Aggregated information  
  Single transaction as noted in 4c) above
- Aggregated volume  
Following this, Rob Woodward now has a beneficial interest in 447,944 shares representing 1.13% of the issued share capital and George Watt has a beneficial interest in 271,094 shares, representing 0.69%.
   
- Price  
   
e)
 
Date of the transaction
 
 
1 November 2017
f)
 
Place of the transaction
 
 
London Stock Exchange (XLON)