Director/PDMR Shareholding

SThree (STEM)
SThree: Director/PDMR Shareholding

20-Jul-2021 / 10:53 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


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) Names

 

Andrew Beach

 

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

 

 

SThree plc

 

b) LEI

 

2138003NEBX5VRP3EX50

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 1p

GB00B0KM9T71

b) Nature of the transaction

 

 

A performance share award under the Long Term Incentive Plan ("LTIP") has been granted at 457.50p per share. The award will vest three years after grant date, subject to the performance conditions being met. Performance targets and target ranges are set out as follows:

LTIP targets

EPS

TSR vs. peer group

Strategic

2021-2023

2023 EPS to be between 24.9p (25% vesting) and 38.9p (100% vesting)

2021 - 2023 performance between median (25% vesting) and upper quartile (100% vesting)

2023 adjusted operating profit conversion ratio between 14.2% (25% vesting) and 21.0% (100% vesting)

 

c) Price(s) and volume(s)

 

 

 

Names

 

Andrew Beach

Volume(s)

 

57,377

d) Aggregated information

- Aggregated volume

- Price

N/A

e) Date of the transaction

 

20/07/2021

f) Place of the transaction

London

 



ISIN: GB00B0KM9T71
Category Code: DSH
TIDM: STEM
LEI Code: 2138003NEBX5VRP3EX50
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 118030
EQS News ID: 1220256

 
End of Announcement EQS News Service

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