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T42 IOT TRACKING SOLUTIONS PLC Director's Dealing 2019

Dec 12, 2019

7945_dirs_2019-12-12_b8d23caf-5bc3-45eb-9840-f7a859f6af4c.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 7364W

Starcom PLC

12 December 2019

12 December 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 Igor Vatenmacher, CFO, that, earlier today he purchased 250,000 ordinary shares in the Company ("Ordinary Shares") at a price of 1.267p per Ordinary Share.

As a result of this purchase, Mr Vatenmacher 's beneficial interest in the Company's share capital is 250,000 Ordinary Shares, representing approximately 0.07 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

Igor Vatenmacher

2

Reason for the notification

a)

Position/status

CFO

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)
1.267p 250,000

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

12 December 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.

END

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