Result of AGM
07 May 2010
STM Group PLC (AIM:STM), the cross border financial services provider, announces that at the Company's Annual General Meeting held today, at Clinch's House, Lord Street, Douglas, Isle of Man, all resolutions put to shareholders by the Board were duly passed.
As a result of the approval of Resolution 2, the Company will be paying a final dividend for the year ended 31 December 2009 of 0.4 pence per share on 4 June 2010 to shareholders registered at the close of business on 14 May 2010.
For further information, please contact:
|Colin Porter, Chief Executive Officer||Tel: 00 350 200 42686|
|Alan Kentish, Chief Financial Officer||Tel: 00 350 200 78614|
|Evolution Securities||Tel: +44 (0) 20 7071 4300|
|Jeremy Ellis / Chris Clarke||www.evosecurities.com|
|FinnCap||Tel: +44 (0)20 7600 1658|
|Tom Jenkins / Marc Young||www.finncap.com|
|Henry Harrison-Topham / Mark Dixon||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