Issue of Equity/Total Voting Rights
22 April 2015
STM Group PLC (AIM: STM), the multi-jurisdictional financial services group, announces that 5,961,538 new ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") have been allotted pursuant to the exercise of convertible loan notes as described in the announcement dated 16 April 2015.
Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that such Admission will occur and dealings will commence on 23 April 2015.
Following Admission, the total number of ordinary shares in issue with voting rights will be 59,408,087 with each such ordinary share carrying the right to one vote. There are no shares held in treasury. The figure of 59,408,087 may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest, or a change to their interest, in STM under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
|STM Group PLC||www.stmgroupplc.com|
|Colin Porter, Chief Executive Officer||Tel: + 350 200 42686|
|Therese Neish, Chief Financial Officer||Tel: 00 350 200 78614|
|Charlotte Stranner / Christopher Raggett - Corporate Finance||Tel: +44 (0) 20 7220 0500|
|Mia Gardner - Corporate Broking|
|Tom Cooper / Paul Vann||Tel: +44 (0) 117 985 8989|
|Mob: +44 (0) 797 122 1972|
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