Holding(s) in Company
19 May 2009
The Company was notified that on 15 May 2009 Hearth Investments Ltd ("Hearth"), an entity of which Tim Revill, a Director of the Company, is a potential beneficiary, had transferred 7,600,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") from JIM Nominees into its own name. Following this transfer, Hearth is interested in 7,600,000 Ordinary Shares, representing 17.8 per cent. of the current issued share capital of the Company.
For further information, please contact:
|Tim Revill, Chief Executive Officer||Tel: +350 200 51610|
|Evolution Securities Limited|
|Jeremy Ellis / Chris Clarke||Tel: +44 (0) 20 7071 4300|
|George Parker||Tel: +44 (0) 20 7398 7702|
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