INVESTOR RELATIONS

STM Group Plc (AIM: STM), the multi-jurisdictional financial services group, is pleased
to announce its unaudited interim results for the six months ended 30 June 2019.

Highlights include:

* net of certain transactions which do not form part of the regular operations for the business

Operational highlights:

• Redefined Purpose and Vision, allowing for stronger commitment to Strategy and Values
• Implementation of new Target Operating Model allowing for clearer and more efficient reporting lines
• Focus on using IT to develop greater efficiencies and enhance margins; Interim Head of IT appointed
• Continued to build on our risk management and governance platform
• Integration of the Carey acquisition well advanced
• Active pipeline of acquisition opportunities
• Launch of our new flexible annuity product, as an alternative to a SIPP

Commenting on the results and prospects for STM, Alan Kentish, Chief Executive Officer, said:

"The Board is pleased with the progress made in the period.

"In the early part of the year, we welcomed Pete Marr to the newly created Board role of Chief Operating Officer, and this has set in motion the Board's intention to redefine our Target Operating Model (TOM). The new TOM will bring about a stronger and more scalable platform for future growth, both organically and by acquisition, as well as ultimately seeing improved operating margins. As previously advised, this requires upfront investment in both senior hires and IT infrastructure and the Group has seen its underlying cost base increase which the Group has been able to absorb thanks to its solid revenue base.

"I am pleased to say the integration of Carey proceeds to plan, and has indeed opened STM's doors to new opportunities. 

"The second half of the year is about concluding the initiatives commenced in the first six months so that these benefits start to materialise. My expectations of seeing both top line growth and PBT uplift as a result of our recent investment programme remains strong.

"In a pension market that remains buoyant and ever changing, and with STM's extensive product offerings, I have every reason to be excited about STM's prospects as we move towards 2020 and beyond."

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

For further information, please contact:

Notes to editors:

STM is a multi jurisdictional financial services group which is listed on the AIM Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and the administration of assets for international clients in relation to retirement, estate and succession planning and wealth structuring.

Today, STM has operations in the UK, Gibraltar, Malta, Jersey and Spain. The Group is looking to expand through the development of additional products and services that its ever more sophisticated clients demand. STM has developed a specialist international pensions division which specialises in Self-Invested Personal Pensions (SIPPs) for expatriates, Qualifying Recognised Overseas Pension Schemes (QROPS), Qualifying Non UK Pension Schemes (QNUPS). STM has a Gibraltar Life Insurance Company, STM Life 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