Stilo International plc (“Stilo” or the “Company”) has been notified that David Ashman, the Company’s Chairman and Non-Executive Director, purchased 475,000 ordinary shares of 1p each in Stilo (“Ordinary Shares”) at 3.7p per Ordinary Share on 29 May 2018.
Following this purchase, David Ashman, and persons associated with David Ashman, have a beneficial interest in 24,083,910 Ordinary Shares, representing approximately 21.14 percent of the issued share capital of the Company.
| 1. | Details of the PDMR / person closely associated | |
| a) | Name | David Ashman |
| 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 | Stilo International plc |
| b) | LEI | 213800QIK312ADX4DN82 |
| 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 |
Purchase of ordinary shares of £0.01 each in Stilo International plc GB0009597484 |
| b) | Nature of the transaction | Purchase of Shares |
| c) | Price(s) and volume(s) | 475,000 at 3.7p |
| d) | Aggregated information | N/A (Single transaction) |
| – Aggregated volume | ||
| – Price | ||
| e) | Date of the transaction | 29 May 2018 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
ENQUIRIES
Stilo International plc
Les Burnham, Chief Executive T +44 1793 441 444
SPARK Advisory Partners Limited (Nominated Adviser)
Neil Baldwin T +44 203 368 3554
Mark Brady T +44 203 368 3551
SI Capital (Broker)
Nick Emerson T +44 1483 413500