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DGAP-UK-Regulatory News vom 25.10.2018

SThree: Director/PDMR Shareholding

SThree (STHR)

25-Oct-2018 / 15:13 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


Gary Elden

2. Reason for the notification


a) Position/status




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



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


b) Nature of the transaction


Reduction in holding

Lawyers have today confirmed that some 510,000 shares which were previously pledged by Gary Elden as security in connection with a loan facility, arranged by him for the sole purpose of an acquisition of residential property (as previously announced on 5 November 2012), are no longer considered recovererable, having been misappropriated by a financial intermediary. The shares remain the subject of legal proceedings.


Gary's total holding is now 2,176,587 shares (1.66% of share capital), excluding any unvested shares held under SThree's share plans.

c) Price(s) and volume(s)


Reduction in holding



Gary Elden









d) Aggregated information

- Aggregated volume

- Price


e) Date of the transaction


25 October 2018


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