INVESTOR RELATIONS

STM Group Plc (AIM:STM), the cross border financial services provider, is today pleased to announce, that pursuant to the announcement on the 18th June 2008, the Jersey Financial Services Commission has approved the acquisition of St George Financial Services Limited.

An application to AIM will be made for the 321,888 new Ordinary Shares (‘Consideration Shares’) to be issued at 69.9p per Ordinary Share and trading is expected to take place on 3rd July 2008.
 

Following the acquisition, STM’s issued share capital comprises 42,591,338 shares of common stock of par value 0.1 pence each. All of these Ordinary Shares carry voting rights. 

For further information, please contact:

STMGroup Plc
Tim Revill, Chief Executive Officer	Tel: 00 350 200 51610
Matt Wood, Non-executive director	Tel: +44 (0) 20 7752 0215
	www.stmgroupplc.com
Daniel Stewart & Company Plc	Tel: +44 (0) 20 7776 6550
Lindsay Mair / Stewart Dick	www.danielstewart.co.uk

Media enquiries:

Abchurch
Henry Harrison-Topham	Tel: +44 (0) 20 7398 7702
[email protected]	www.abchurch-group.com

 

 

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