September 15, 2017

PDMR Dealing

15 September 2017

AIM: STEL

Stellar Diamonds plc

(“Stellar” or the “Company”)

PDMR Dealing

Further to the announcement dated 11 September 2017 Stellar Diamonds plc, the Company confirms the issue of new ordinary shares in the Company to Directors and senior management in lieu of accrued fees, remuneration and expenses as follows:

Director/Senior Manager Number of Fee Shares Total beneficial holding after issue of the Fee Shares % holding following Admission1
Peter Daresbury (Director) 565,439 1,833,733 3.34%
Karl Smithson (Director) 365,728 1,454,9012 2.64%
Hansjörg Plaggemars (Director) 587,862 587,862 1.07%
Steven Poulton (Director) 0 1,456,7452 2.64%
Rowan Carr 445,657 1,037,404 1.89%
Phillip Knowles 13,751 125,814 0.23%
Total 1,978,437 6,496,459 11.80%

1 Admission to trading of the Placing Shares and Fee Shares today as defined in the announcement dated 11 September 2017.

2 These figure replace the holdings of 1,483,838 and 1,216,745 ordinary shares respectively which were incorrectly stated in the announcement of 11 September 2017, having omitted the Directors dealings’ announced on 8 and 9 June 2017 due to clerical error. In addition, the holding of 27,839 shares of Karl Smithson’s daughter who has turned 18 since 8 June 2017 have now been omitted from Karl Smithson’s stated beneficial holding.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person closely associated
a. Name Lord Peter Daresbury
2 Reason for notification  
a. Position/Status Director
b. Initial notification/

Amendment

Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Name Stellar Diamonds 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 1 pence each

 

GB00BYZ5QT80

b. Nature of the transaction Issue of new Ordinary Shares at 3.25p per share in lieu of remuneration and expenses owed
c. Price(s) and volume(s)          
  Price(s) per share Volume(s)  
3.25 pence 565,439  
 
d. Aggregated information

– Aggregated Volume

– Price

565,439

£18,377

e. Date of the transaction 8:00 am 14 September 2017
f. Place of the transaction London AIM
     
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person closely associated
a. Name Nicholas Karl Smithson
2 Reason for notification  
a. Position/Status Director
b. Initial notification/

Amendment

Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Name Stellar Diamonds 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 1 pence each

 

GB00BYZ5QT80

b. Nature of the transaction Issue of new Ordinary Shares at 3.25p per share in lieu of remuneration and expenses owed
c. Price(s) and volume(s)          
  Price(s) per share Volume(s)  
3.25 pence 365,728  
 
d. Aggregated information

– Aggregated Volume

– Price

365,728

£11,886

e. Date of the transaction 8:00 am 14 September 2017
f. Place of the transaction London AIM
                 
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person closely associated
a. Name Hansjorg Plaggemars
2 Reason for notification  
a. Position/Status Director
b. Initial notification/

Amendment

Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Name Stellar Diamonds 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 1 pence each

 

GB00BYZ5QT80

b. Nature of the transaction Issue of new Ordinary Shares at 3.25p per share in lieu of remuneration and expenses owed
c. Price(s) and volume(s)          
  Price(s) per share Volume(s)  
3.25 pence 587,862  
 
d. Aggregated information

– Aggregated Volume

– Price

587,862

£19,106

e. Date of the transaction 8:00 am 14 September 2017
f. Place of the transaction London AIM
                 
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person closely associated
a. Name Rowan Carr
2 Reason for notification  
a. Position/Status Senior Manager
b. Initial notification/

Amendment

Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Name Stellar Diamonds 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 1 pence each

 

GB00BYZ5QT80

b. Nature of the transaction Issue of new Ordinary Shares at 3.25p per share in lieu of remuneration and expenses owed
c. Price(s) and volume(s)          
  Price(s) per share Volume(s)  
3.25 pence 445,657  
 
d. Aggregated information

– Aggregated Volume

– Price

445,657

£14,484

e. Date of the transaction 8:00 am 14 September 2017
f. Place of the transaction London AIM
                 
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person closely associated
a. Name Philip Knowles
2 Reason for notification  
a. Position/Status Chief Financial Officer
b. Initial notification/

Amendment

Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Name Stellar Diamonds 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 1 pence each

 

GB00BYZ5QT80

b. Nature of the transaction Issue of new Ordinary Shares at 3.25p per share in lieu of remuneration and expenses owed
c. Price(s) and volume(s)          
  Price(s) per share Volume(s)  
3.25 pence 13,751  
 
d. Aggregated information

– Aggregated Volume

– Price

13,751

£447

e. Date of the transaction 8:00 am 14 September 2017
f. Place of the transaction London AIM
                 
Karl Smithson, CEO

Philip Knowles, CFO

Stellar Diamonds plc

Stellar Diamonds plc

Tel: +44 (0) 20 7164 6371

Tel: +44 (0) 20 7164 6371

Emma Earl

Sandy Jamieson

Cairn Financial Advisers (Nominated Adviser) Tel: +44 (0) 20 7213 0880
Jon Bellis Beaufort Securities Limited (Joint Broker) Tel: +44 (0) 20 7382 8300
Martin Lampshire

Rory Scott

Peterhouse Corporate Finance (Joint Broker)

Mirabaud Securities (Financial Advisers)

Tel: +44 (0) 20 7469 0930

Tel: +44 (0) 20 7878 3360

Tim Blythe

Nick Elwes

Blytheweigh

(Financial PR)

Tel: +44 (0) 20 7138 3204

About Stellar Diamonds plc

Stellar is an AIM listed (AIM: STEL) diamond development company focused on the 4.5 million carat high-grade and high value Tongo-Tonguma kimberlite diamond project in the world famous diamond fields of eastern Sierra Leone. An independently generated mine plan, based on over 66,000m of drilling that has been completed to date, envisages the production of over 4 million carats, generating gross revenues of more than US$1.2 billion, over a 21 year life of mine. Initial production at Tongo-Tonguma is scheduled to occur in the first year of development, building up to over 200,000 carats per annum, with a weighted average modelled diamond value of $229 per carat. The Tongo-Tonguma mine is estimated to give Stellar an attributable a Post-tax NPV(8) of US$109 million and IRR of 30%.