Appointment of Interim Chief Financial Officer

RNS Number : 4446B

STM Group PLC

03 October 2022

 

3 October 2022

STM Group Plc

("STM", the "Company" or the "Group")

Appointment of Interim Chief Financial Officer  

STM is pleased to announce the appointment of Therese Neish as Interim Chief Financial Officer. Therese will also join the STM Board on an interim basis, for a contractual period of 12 months, with immediate effect. As announced on 8 June 2022, Nicole Coll will step down from the Board and leave the Company on 31 October 2022 to focus on her non-executive career.

Therese trained with KPMG where she qualified as a Chartered Certified Accountant in 2003, following which she joined STM. Therese was appointed as the Company's Chief Financial Officer in January 2014 and served until October 2021.

Alan Kentish, CEO, commented: "The Board and I would like to take this opportunity to thank Nicole for her hard work over the last 12 months and her input in further refining the STM strategy and vision. We wish her all the best for the future.

"I am pleased to welcome Therese back to the executive team as interim CFO. Therese has extensive knowledge of the Group's operations which will be invaluable in the coming months. We remain focused on delivery of the Company's strategic objectives."

The following matters fall to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

Further information on Therese Gemma Neish, age 45, is set out below.

Current directorships/partnerships

None

Previous directorships/partnerships (within the past five years)

STM Group Plc

STM (Caribbean) Limited

STM Fidecs Consumer Services Limited

STM Fidecs Limited

Spanish Corporate Management Services SL

STM Fiduciaire Limited

STM Group Services Limited

London & Colonial Holdings Limited

STMGEI Limited

STM Fidecs Central Services Limited

STM Horizons Limited

Ready Finance Limited

Zenith Trust Company Limited

STM Fiduciaire Corporate Limited

STM Fiduciaire Trustees Limited

STM Fiduciaire Services Limited

STM Fiduciaire Nominees Limited

Zenith Nominees Limited

STM Fiduciaire Secretaries Limited

STM Fiduciaire Foundation Management Limited

STM Nummos SL

Therese was a director of Aldgate Insurance Company Ltd when the company was placed into a company voluntary liquidation.

Therese has an interest in 492,756 ordinary shares of 0.1 pence each in the Company.

The Board confirms that no further disclosures are required pursuant to Rule 17 or Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the proposed appointment of Therese Neish to the Board of STM Group plc.

For further information, please contact:

STM Group Plc
Alan Kentish, Chief Executive Officer	Via Walbrook PR www.stmgroupplc.com
FinnCap	www.finncap.com
Matt Goode / Emily Watts / Abigail Kelly - Corporate Finance Tim Redfern / Richard Chambers - ECM	Tel: [phone]
Walbrook	www.walbrookpr.com
Tom Cooper / Joseph Walker	Tel: [phone]
	Mob: [phone]
	[e-mail]

Notes to editors:

STM is a multi-jurisdictional financial services group traded on AIM, a market operated by the London Stock Exchange. The Group specialises in the administration of client assets in relation to retirement, estate and succession planning and wealth structuring.

Today, the Group has operations in the UK, Gibraltar, Malta, Australia and Spain. STM has developed a range of pension products for UK nationals and internationally domiciled clients and has two Gibraltar life assurance companies which provide life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

STM's growth strategy is focused on both organic initiatives and strategic acquisitions.

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

 

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