Director shareholding/notifiable interest
29 April 2009
STM Group Plc (AIM:STM), the cross border financial services provider, has been notified today by Hearth Investments Limited ("Hearth"), Clifton Participations Inc ("Clifton") and Quest Traders Limited ("Quest"), that they have gifted, in aggregate, 240,600 ordinary shares of 0.1 pence each ("Ordinary Shares") to certain current and past employees of STM in recognition of their previous services to the Group. Tim Revill, the Group's CEO, is a potential beneficiary of Hearth; Alan Kentish, the Group's CFO is a potential beneficiary of Clifton; and Liz Plummer, the Group's company secretary, is a potential beneficiary of Quest. The table below sets out the effects on their resultant shareholdings:
|Shareholder||No. shares gifted||Resultant shareholding||New % holding|
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