Change of Shareholding

RNS Number : 6999Q

STM Group PLC

19 June 2015

 

 19 June 2015

STM Group Plc

("STM")

Change of Shareholding

STM Group Plc (AIM: STM), the multi-jurisdictional financial services group, announces that it has been notified that the Focus Trust has sold 1,100,000 ordinary shares in the capital of the Company ("Ordinary Shares") equating to 1.85% of the Company's total issued share capital and voting rights.

As announced on 16 April 2015, Louise Kentish, wife of Alan Kentish, STM's Director of Business & Product Development, is a trustee of the Focus Trust although neither she nor Alan Kentish had any beneficial interest in the Ordinary Shares held by the Focus Trust.

Following this transaction neither the Focus Trust nor Louise Kentish have any beneficial interest in any Ordinary Shares. Alan Kentish owns 7,218,817 Ordinary Shares representing 12.15% of the Company's total issued share capital and voting rights. These Ordinary Shares are held in his personal name and through his beneficial ownership of Clifton Participants Inc.

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For further information, please contact:

STM Group Plc	www.stmgroupplc.com
Colin Porter, Chief Executive Officer [e-mail]	Tel: [phone]
Therese Neish, Chief Financial Officer [e-mail]	Tel: [phone]
finnCap	www.finncap.com
Matt Goode / Christopher Raggett - Corporate Finance Mia Gardner - Corporate Broking	Tel: [phone]
Walbrook PR	www.walbrookpr.com
Tom Cooper / Paul Vann	Tel: [phone]
	Mob: [phone]
	[e-mail]

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 administration of assets for international clients in relation to retirement, estate and succession planning and wealth structuring.

Today, STM has operations in Gibraltar, Spain, Jersey, Malta and Cyprus. The Group is looking to expand through the development of additional products and services that its ever more sophisticated clients demand.  STM has, for example, incorporated 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. STM has developed a specialist international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS), Qualifying Non UK Pension Schemes (QNUPS) and Employer Funded Retirement Benefit Schemes (EFRBS).

Further information on STM Group can be found at www.stmgroupplc.com

 

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