T42 IOT TRACKING SOLUTIONS PLC — Director's Dealing 2019

Aug 16, 2019

National Storage Mechanism | Additional information

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RNS Number : 3716J

Starcom PLC

16 August 2019

16 August 2019

Starcom plc

("Starcom" or the "Company")

Director/PDMR Shareholding

Starcom (AIM: STAR) which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets, has been notified by Michael Rosenberg, Chairman of the Company, that, on 15 August 2019 he purchased 500,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 1.165p per Ordinary Share.

As a result of this purchase, Mr Rosenberg's beneficial interest in the Company's share capital is at 3,559,616 Ordinary Shares, representing approximately 1.03 per cent. of the voting rights of the Company.

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation, is appended below.

For further information please contact

Starcom Plc Michael Rosenberg, Chairman Avi Hartmann, CEO	07785 727595 +972 5477 35663
Allenby Capital Limited (Nominated Adviser and Joint Broker) James Reeve/Jeremy Porter/Asha Chotai	020 3328 5656
Peterhouse Capital Limited (Joint Broker) Lucy Williams/Charles Goodfellow/Eran Zucker	020 7469 0930
Leander PR (Financial PR) Christian Taylor-Wilkinson	07795 168 157

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

Michael Rosenberg

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Starcom plc

b)

LEI

213800XVU7WF3QMF4826

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 of no par value  

Identification code (ISIN) for Starcom plc ordinary shares: JE00B8WSDY21

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.15p 1.18p	250,000 250,000

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 500,000 Ordinary Shares

Average price: 1.165p

e)

Date of the transaction

15 August 2019

f)

Place of the transaction

London Stock Exchange, XLON

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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