INVESTOR RELATIONS

Corporate News

Issue of Equity

09 March 2012

STM, the cross border financial services provider, today announces that it has raised £1,586,000 through the issue and allotment (the "Issue") of 8,960,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to International Financial Options Limited at a price of 17.5p per Ordinary Share. The Issue is being made out of the authority granted to directors to allot Ordinary Shares at the Company's annual general meeting on 6 May 2011 and remains subject to regulatory approval.

The proceeds of the Issue will be used to advance the Company's current work program and free-up regulatory capital for business purposes.

Application will be made for 8,960,000 Ordinary Shares (the "Issue Shares") to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). It is expected that Admission will occur and that dealings will commence in the Issue Shares by Friday 23 March 2012 subject to receipt of the necessary regulatory approvals referred to above. The Issue Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following Admission, there will be 51,986,602 Ordinary Shares in issue.

Commenting on the Issue, Colin Porter, STM's Chief Executive Officer said:

"The key to STM substantially growing its revenue streams is the ability to develop and build upon its distribution network. This share issue will allow management to allocate more financial resources to developing our distribution channels as well as alleviating any short term pressures on working capital arising as a result of the Eurozone economy."

Following the Issue, Mr. N. Green, the owner of International Financial Options Limited will be interested in 12,387,122 Ordinary Shares (3,427,122 of which are currently held in the name of SBS Nominees Limited, as announced on 13 February 2012) representing 23.8 per cent. of the Company's issued share capital.

 

For further information, please contact:

STM Group PLC www.stmgroupplc.com
Colin Porter, Chief Executive Officer Tel: 00 350 200 42686
[email protected]
Alan Kentish, Chief Financial Officer Tel: 00 350 200 78614
[email protected]

FinnCap

www.finncap.com
Marc Young / Christopher Raggett - Corporate Finance Tel: +44 (0) 20 7220 0500
Simon Starr - Corporate Broking

Media enquiries:

Walbrook PR www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 117 985 8989
Mob: +44 (0) 797 122 1972
[email protected]

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

Further information on STM Group can be found at www.stmgroupplc.com

Issue of Equity

09 March 2012

STM, the cross border financial services provider, today announces that it has raised £1,586,000 through the issue and allotment (the "Issue") of 8,960,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to International Financial Options Limited at a price of 17.5p per Ordinary Share. The Issue is being made out of the authority granted to directors to allot Ordinary Shares at the Company's annual general meeting on 6 May 2011 and remains subject to regulatory approval.

The proceeds of the Issue will be used to advance the Company's current work program and free-up regulatory capital for business purposes.

Application will be made for 8,960,000 Ordinary Shares (the "Issue Shares") to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). It is expected that Admission will occur and that dealings will commence in the Issue Shares by Friday 23 March 2012 subject to receipt of the necessary regulatory approvals referred to above. The Issue Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following Admission, there will be 51,986,602 Ordinary Shares in issue.

Commenting on the Issue, Colin Porter, STM's Chief Executive Officer said:

"The key to STM substantially growing its revenue streams is the ability to develop and build upon its distribution network. This share issue will allow management to allocate more financial resources to developing our distribution channels as well as alleviating any short term pressures on working capital arising as a result of the Eurozone economy."

Following the Issue, Mr. N. Green, the owner of International Financial Options Limited will be interested in 12,387,122 Ordinary Shares (3,427,122 of which are currently held in the name of SBS Nominees Limited, as announced on 13 February 2012) representing 23.8 per cent. of the Company's issued share capital.

 

For further information, please contact:

STM Group PLC www.stmgroupplc.com
Colin Porter, Chief Executive Officer Tel: 00 350 200 42686
[email protected]
Alan Kentish, Chief Financial Officer Tel: 00 350 200 78614
[email protected]

FinnCap

www.finncap.com
Marc Young / Christopher Raggett - Corporate Finance Tel: +44 (0) 20 7220 0500
Simon Starr - Corporate Broking

Media enquiries:

Walbrook PR www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 117 985 8989
Mob: +44 (0) 797 122 1972
[email protected]

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

Further information on STM Group can be found at www.stmgroupplc.com

Issue of Equity

09 March 2012

STM, the cross border financial services provider, today announces that it has raised £1,586,000 through the issue and allotment (the "Issue") of 8,960,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to International Financial Options Limited at a price of 17.5p per Ordinary Share. The Issue is being made out of the authority granted to directors to allot Ordinary Shares at the Company's annual general meeting on 6 May 2011 and remains subject to regulatory approval.

The proceeds of the Issue will be used to advance the Company's current work program and free-up regulatory capital for business purposes.

Application will be made for 8,960,000 Ordinary Shares (the "Issue Shares") to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). It is expected that Admission will occur and that dealings will commence in the Issue Shares by Friday 23 March 2012 subject to receipt of the necessary regulatory approvals referred to above. The Issue Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following Admission, there will be 51,986,602 Ordinary Shares in issue.

Commenting on the Issue, Colin Porter, STM's Chief Executive Officer said:

"The key to STM substantially growing its revenue streams is the ability to develop and build upon its distribution network. This share issue will allow management to allocate more financial resources to developing our distribution channels as well as alleviating any short term pressures on working capital arising as a result of the Eurozone economy."

Following the Issue, Mr. N. Green, the owner of International Financial Options Limited will be interested in 12,387,122 Ordinary Shares (3,427,122 of which are currently held in the name of SBS Nominees Limited, as announced on 13 February 2012) representing 23.8 per cent. of the Company's issued share capital.

 

For further information, please contact:

STM Group PLC www.stmgroupplc.com
Colin Porter, Chief Executive Officer Tel: 00 350 200 42686
[email protected]
Alan Kentish, Chief Financial Officer Tel: 00 350 200 78614
[email protected]

FinnCap

www.finncap.com
Marc Young / Christopher Raggett - Corporate Finance Tel: +44 (0) 20 7220 0500
Simon Starr - Corporate Broking

Media enquiries:

Walbrook PR www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 117 985 8989
Mob: +44 (0) 797 122 1972
[email protected]

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

Further information on STM Group can be found at www.stmgroupplc.com

Issue of Equity

09 March 2012

STM, the cross border financial services provider, today announces that it has raised £1,586,000 through the issue and allotment (the "Issue") of 8,960,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to International Financial Options Limited at a price of 17.5p per Ordinary Share. The Issue is being made out of the authority granted to directors to allot Ordinary Shares at the Company's annual general meeting on 6 May 2011 and remains subject to regulatory approval.

The proceeds of the Issue will be used to advance the Company's current work program and free-up regulatory capital for business purposes.

Application will be made for 8,960,000 Ordinary Shares (the "Issue Shares") to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). It is expected that Admission will occur and that dealings will commence in the Issue Shares by Friday 23 March 2012 subject to receipt of the necessary regulatory approvals referred to above. The Issue Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following Admission, there will be 51,986,602 Ordinary Shares in issue.

Commenting on the Issue, Colin Porter, STM's Chief Executive Officer said:

"The key to STM substantially growing its revenue streams is the ability to develop and build upon its distribution network. This share issue will allow management to allocate more financial resources to developing our distribution channels as well as alleviating any short term pressures on working capital arising as a result of the Eurozone economy."

Following the Issue, Mr. N. Green, the owner of International Financial Options Limited will be interested in 12,387,122 Ordinary Shares (3,427,122 of which are currently held in the name of SBS Nominees Limited, as announced on 13 February 2012) representing 23.8 per cent. of the Company's issued share capital.

 

For further information, please contact:

STM Group PLC www.stmgroupplc.com
Colin Porter, Chief Executive Officer Tel: 00 350 200 42686
[email protected]
Alan Kentish, Chief Financial Officer Tel: 00 350 200 78614
[email protected]

FinnCap

www.finncap.com
Marc Young / Christopher Raggett - Corporate Finance Tel: +44 (0) 20 7220 0500
Simon Starr - Corporate Broking

Media enquiries:

Walbrook PR www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 117 985 8989
Mob: +44 (0) 797 122 1972
[email protected]

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

Further information on STM Group can be found at www.stmgroupplc.com

Issue of Equity

09 March 2012

STM, the cross border financial services provider, today announces that it has raised £1,586,000 through the issue and allotment (the "Issue") of 8,960,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to International Financial Options Limited at a price of 17.5p per Ordinary Share. The Issue is being made out of the authority granted to directors to allot Ordinary Shares at the Company's annual general meeting on 6 May 2011 and remains subject to regulatory approval.

The proceeds of the Issue will be used to advance the Company's current work program and free-up regulatory capital for business purposes.

Application will be made for 8,960,000 Ordinary Shares (the "Issue Shares") to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). It is expected that Admission will occur and that dealings will commence in the Issue Shares by Friday 23 March 2012 subject to receipt of the necessary regulatory approvals referred to above. The Issue Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following Admission, there will be 51,986,602 Ordinary Shares in issue.

Commenting on the Issue, Colin Porter, STM's Chief Executive Officer said:

"The key to STM substantially growing its revenue streams is the ability to develop and build upon its distribution network. This share issue will allow management to allocate more financial resources to developing our distribution channels as well as alleviating any short term pressures on working capital arising as a result of the Eurozone economy."

Following the Issue, Mr. N. Green, the owner of International Financial Options Limited will be interested in 12,387,122 Ordinary Shares (3,427,122 of which are currently held in the name of SBS Nominees Limited, as announced on 13 February 2012) representing 23.8 per cent. of the Company's issued share capital.

 

For further information, please contact:

STM Group PLC www.stmgroupplc.com
Colin Porter, Chief Executive Officer Tel: 00 350 200 42686
[email protected]
Alan Kentish, Chief Financial Officer Tel: 00 350 200 78614
[email protected]

FinnCap

www.finncap.com
Marc Young / Christopher Raggett - Corporate Finance Tel: +44 (0) 20 7220 0500
Simon Starr - Corporate Broking

Media enquiries:

Walbrook PR www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 117 985 8989
Mob: +44 (0) 797 122 1972
[email protected]

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

Further information on STM Group can be found at www.stmgroupplc.com

Issue of Equity

09 March 2012

STM, the cross border financial services provider, today announces that it has raised £1,586,000 through the issue and allotment (the "Issue") of 8,960,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to International Financial Options Limited at a price of 17.5p per Ordinary Share. The Issue is being made out of the authority granted to directors to allot Ordinary Shares at the Company's annual general meeting on 6 May 2011 and remains subject to regulatory approval.

The proceeds of the Issue will be used to advance the Company's current work program and free-up regulatory capital for business purposes.

Application will be made for 8,960,000 Ordinary Shares (the "Issue Shares") to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"). It is expected that Admission will occur and that dealings will commence in the Issue Shares by Friday 23 March 2012 subject to receipt of the necessary regulatory approvals referred to above. The Issue Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following Admission, there will be 51,986,602 Ordinary Shares in issue.

Commenting on the Issue, Colin Porter, STM's Chief Executive Officer said:

"The key to STM substantially growing its revenue streams is the ability to develop and build upon its distribution network. This share issue will allow management to allocate more financial resources to developing our distribution channels as well as alleviating any short term pressures on working capital arising as a result of the Eurozone economy."

Following the Issue, Mr. N. Green, the owner of International Financial Options Limited will be interested in 12,387,122 Ordinary Shares (3,427,122 of which are currently held in the name of SBS Nominees Limited, as announced on 13 February 2012) representing 23.8 per cent. of the Company's issued share capital.

 

For further information, please contact:

STM Group PLC www.stmgroupplc.com
Colin Porter, Chief Executive Officer Tel: 00 350 200 42686
[email protected]
Alan Kentish, Chief Financial Officer Tel: 00 350 200 78614
[email protected]

FinnCap

www.finncap.com
Marc Young / Christopher Raggett - Corporate Finance Tel: +44 (0) 20 7220 0500
Simon Starr - Corporate Broking

Media enquiries:

Walbrook PR www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 117 985 8989
Mob: +44 (0) 797 122 1972
[email protected]

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

Further information on STM Group can be found at www.stmgroupplc.com