INVESTOR RELATIONS

Corporate News

Director Dealings / Holdings in Company

16 December 2014

STM Group PLC (AIM: STM), the multi-jurisdictional financial services group, is pleased to announce that Alan Kentish, Director of Business and Product Development, has today acquired 1.1 million ordinary shares of 0.1 pence each in the capital of STM ("Ordinary Shares") at a price of 18.5p per Ordinary Share.

Further to the purchase, which is subject to regulatory approval, Alan Kentish will own 5,968,817 Ordinary Shares, representing 11.17% of the Company's issued share capital and voting rights, in his personal name and through his beneficial holding in Clifton Participants Inc.

The Ordinary Shares have been acquired from International Financial Options Limited, a personal investment vehicle of Nigel Green and family. Nigel Green, and his related companies continue to hold 7.9 % of the issued share capital and voting rights and he remains a loyal shareholder and supporter of the Group.

Commenting on the share purchase, Colin Porter, Chief Executive of STM, said:

"This share transaction is a further step in Nigel Green's long term strategy towards his investment in STM, enabling him to concentrate his efforts and resources on his other business interests now that STM has fully developed robust processes and administration services within its pensions business.

"STM is at a very exciting stage in its development of specialist products and services and broadening of its distribution capability so Alan Kentish's appetite for buying further shares in the Group is very encouraging."

 

For further information, please contact:

STM Group PLC www.stmgroupplc.com
Colin Porter, Chief Executive Officer Tel: + 350 200 42686
[email protected]
Alan Kentish, Director of Business and Product Development Tel: + 350 200 78614
[email protected]
Therese Neish, Chief Financial Officer Tel: 00 350 200 78614
[email protected]
finnCap www.finncap.com
Charlotte Stranner / Christopher Raggett - Corporate Finance Tel: +44 (0) 20 7220 0500
Mia Gardner - Corporate Broking
Walbrook PR www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 117 985 8989
Mob: +44 (0) 797 122 1972
[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 www.stmgroupplc.com