Corporate News

Issue of Equity / Director Shareholding

06 October 2010

STM Group PLC (AIM:STM), the cross border financial services provider, today announces that 32,609 new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") have been issued to Mr Bernard Gallagher, the Company's Non-Executive Chairman, in payment of his Chairman's fees for the quarter commencing on 1 October 2010. Mr Gallagher elected to receive payment of his Chairman's fees in shares since he became Non-Executive Chairman in 2007 as a mark of confidence in the Company and to align himself with shareholders.

The number of new Ordinary Shares issued is based upon the share price of 23 pence per Ordinary Share, being the average closing mid-market price per Ordinary Share in the five trading days ending on the day prior to the relevant quarter end date.

Following this issue, the total number of Ordinary Shares in issue is 43,026,602and Mr Gallagher's total shareholding in the Company will be 590,348 Ordinary Shares, representing 1.4 per cent of the issued share capital of the Company. All of these Ordinary Shares are held by STM Fidecs Nominees Limited.

An application to AIM will be made for the new Ordinary Shares to be admitted and trading is expected to take place on 8 October 2010.


For further information, please contact:

Colin Porter, Chief Executive Officer
[email protected]
Tel: 00 350 200

Alan Kentish, Chief Financial Officer
[email protected]
Tel: 00 350 200 78614
Evolution Securities Tel: +44 (0) 20 7071 4300
Jeremy Ellis / Chris Clarke
FinnCap Tel: +44 (0)20 7600 1658
Tom Jenkins / Marc Young

Media enquiries:

Henry Harrison-Topham / Mark Dixon Tel: +44 (0) 20 7398 7702
[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