Board Changes and change of r

RNS Number : 8628X

STM Group PLC

14 December 2010

 



Press Release

14 December 2010

STM Group Plc

("STM" or the "Company")

Board Changes and change of registered office

STM Group Plc (AIM:STM), the cross border financial services provider, today announces that Michael Ross Riddell has been appointed to the Board of the Company as a non-executive director with immediate effect.  Michael, aged 55, is an experienced company director having qualified as a Chartered Accountant in Canada in 1986.  Michael has worked in trust and corporate services and financial services since 1988 and is managing director of Greystone Trust Company Limited, the trust and corporate services arm of Greystone LLC based in the Isle of Man.

Michael is a director of Hearth Investments Limited ("Hearth") which holds 7,600,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") in trust, representing 17.7 per cent. of the current issued share capital of the Company.

Further information in respect of Michael's current and past directorships is set out below in accordance with Schedule 2 paragraph (g) of the AIM Rules.

The Company also announces that Martin Derbyshire and Mark Denton have both resigned as non-executive directors of the Company with immediate effect.  The Board would like to thank both Martin and Mark for their contributions to the Company since its flotation in 2007.

The Company also announces that the registered office is changing from P O Box 227, Clinch's House, Lord Street, Douglas , Isle of Man, IM99 1RZ to 18 Athol Street, Douglas, Isle of Man, IM1 1JA.

- Ends -

For further information, please contact:

STM Group Plc
Colin Porter, Chief Executive Officer [e-mail]	Tel: [phone] www.stmgroupplc.com
Alan Kentish, Chief Financial Officer [e-mail]	Tel: [phone]

Evolution Securities	Tel: [phone]
Jeremy Ellis / Chris Clarke	www.evosecurities.com
FinnCap	Tel: [phone]
Tom Jenkins / Marc Young	www.finncap.com

Media enquiries:

Abchurch
Henry Harrison-Topham / Mark Dixon	Tel: [phone]
[e-mail]	www.abchurch-group.com

In accordance with Schedule 2 paragraph (g) of the AIM Rules, the Company announces the following information in respect of Michael's current and past directorships.

Mr Riddell is currently a director of the following companies:

Aden Services Ltd

Amiya Geo Master Fund Limited

Amiya  (Cayman) Limited

Amiya Global Emerging Opportunities Fund Limited

Associated Design Consultants Ltd

Aynsgarth Ltd

Ballyclare Developments (IOM) Ltd

Banion Ltd

Belmont Properties Ltd

Blue Seas Bunkering Ltd

Bosbury Ltd

Bratoga Ltd

CaIpers Investments Ltd

Castletown Holdings Ltd

Chara Ltd

Charlton Commercial Inc

CitiFinancial (Isle Of Man) Ltd

Clarins Ltd

Clodex Ltd

Cornwall Terrace Holdings Limited

Cornwall Terrace (No. 10) Ltd

Cornwall Mews (No. 22) Ltd

Cornwall Mews (No 24) Ltd

Cornwall Mews (No.31) Ltd

Cornwall. Mews (No.32) Ltd

Cornwall Mews (No.33) Ltd

Cornwall Mews (No.34) Ltd

Cornwall Mews (No.37) Ltd

Cornwall Mews (No.39) Ltd

Cornwall Mews (No.41) Ltd

Cornwall Terrace (No.1 1 &12) Ltd

Cornwall Terrace (No. 2 &3) Ltd

Cornwall Terrace (No. 20 & 21) Ltd

Cornwall Terrace (No.4 &5) Ltd

Cornwall Terrace (No.6 &7) Ltd

Cornwall Terrace (No.8) Ltd

Cornwall Terrace (No.9 &10) Ltd

Crampton Developments Limited

Defiance Ltd

Delray Ltd

Dering Developments Ltd (formerly Obax Ltd) Dexterous Ltd

Eadon Ltd

Elden Ltd

Elevate Europe Ltd

Elmdon Company ltd

Englewood Ltd

Euryalus Ltd

Fairclass Ltd

Falmouth Developments Limited

Falmouth Ltd

Finank Ltd

First Clybane Management Ltd

Fossgate Limited Gansey Ltd

Glenside Investments Limited

Greenford Management Inc

Greenford Management Limited

Greystone Trust Company Ltd

Greystone (IOM) Limited

Greystone First Nominees Limited

Greystone Second Nominees Limited

Greystone Secretaries Limited

Haysboro Ltd

Hearth Investments Ltd

Indac Corporation Ltd

International Management Solutions Ltd

ITE Contractor Services Ltd

ITECS (UK) Ltd

James Toseland Racing Ltd

Jamburie Limited

JK Investments (Cayman) Limited

JT & ST Properties Ltd

Kentz Africa Holdings Ltd

Kentz Caspian Ltd

Kentz Equatorial Guinea Ltd

Kentz International Ltd

Kentz Overseas Ltd

Kentz TSS (Global) Ltd

Kerbet Ltd

Kew Developments Ltd

Keyway Investments Ltd

Kingdon Developments Ltd

Kirkshire Ltd

Lacey Enterprises Ltd

Leonora Ltd

Light House Living Ltd

Lovern Limited

Lynwave Ltd

Manderina Ltd

Manyatta Ltd

Mapstone (IOM) Ltd

Mara Holdings Ltd

Marengo Consulting Ltd

Maritime Charter Sales Limited

Massala Services Ltd

Medina Ltd

Metal Engineering Technology Limited

Michiel Control Ltd

Millet Ltd

Mongoose Pacific Ltd

Moonlight Charters Ltd

Murex Securities Ltd

Neptune Consultants Ltd

Noblebrand Ltd

Nosila Ltd

Oakmayne (Woolwich - Site 1) Limited

Oakmayne (Woolwich - Site 3) Limited

Oakmayne (Woolwich) Ltd

Oakmayne Partners Ltd

Oakmayne Properties (Regeneration) Ltd

Oakmayne Ventures Ltd

On Course Solutions Ltd

Parminder Ltd

Petro Group Ltd

Plaza Developments Ltd

Porterville Ltd

Radstock Ltd

Rathbawn (IOM) Ltd

Redland Enterprises Ltd

Regalia Ltd

Rivington Street Holdings Plc

Rossone Limited

Salix Ltd

Security Partner Ltd

Septer Ltd

Shima  Holdings Ltd

Sigma Aviation Services Limited

Silverburn Properties Limited

Soil Solutions Ltd

Soil Solutions LLc

Stettler Ltd

Sunny Investments Ltd

Swiftsure Ltd

Talbot Directors Limited

Templeside Investments Ltd

Tempo Capital Management Limited

Tempo Fund Limited

Tempo Volatility Fund Limited

Theron Ltd

Toffsway Ltd

Trade Stairlifts Ltd

Tuque Ltd

Upper West Side Developments Limited

Uralba Limited

Urley Ltd

Vancouver Ltd

Vanderbilt (Boundary Road) Limited

Vanderbilt Developments Limited

Ventura Enterprises Ltd

Worship Street Investments Ltd

Wylton International (UK) Limited

Wylton International Trading Limited

Wylton Production Investment Ltd

Yokota Ltd

Zandai Ltd

Mr Riddell was a director of the following companies during the past 5 years:

Aberdeen Yachts Ltd

Abrias  Investment Managers (Cayman) Limited Adelaide Properties Ltd

Adela Ltd

Affordable Housing Solutions Ltd

Africa Asia Capital Ltd

Alix Unlimited

Amnesia Marine Ltd

Amnesia Shipping Ltd

Anagarth Ltd

Applejack Holdings Ltd

Atlas Gaming Multimedia Ltd

Arverni Ltd

Avery Holdings Ltd

Avon Shipping Ltd

Balthane Aviation Ltd

Bambridge Investments Ltd

Backstay Management Ltd

BCD Ltd

BDO (Isle of Man) Ltd

Belconnen Ltd

Beldent Unlimited

Benosar Ltd

Berkshire Investment Management Ltd

Bindle Ltd

Boldergate Ltd

Bonita Marine Ltd

Boreen Ltd

Bosworth Ltd

Braemar Ltd

Briercrete Ltd

Brimfield Ltd

Brinlock Corporation Ltd

Brockmoor Trading Ltd

Bullmore Ltd

Bush Hill Ltd

BVH Ltd

Cambourne Ltd

Cardston Ltd

Carmyle Ltd

Carnsdale Overseas Ltd

Cast Trading Ltd

CCD Unlimited

Cedar Services Ltd

Ceris Ltd

Channel Yachting Ltd

Charter Corporate Services Ltd

Cirrus Aviation Holding Ltd

Clanworth Ltd

Ciifton Gardens Ltd

Clinford Holdings Ltd

Colwick Ltd

Comans Ltd

Compass Rose Marine Limited

Conservation Holdings Limited

Consword Ltd

Copap Participations Ltd

Cordine Ltd

Cornwall Terrace (No.8) Sub Limited

Creganna Medical Technology Unlimited

Creganna Solutions Ltd

Curran Corporation Unlimited

Damus Group Ltd

Damus Holdings Unlimited

Darius Unlimited

Darsy Ltd

Darya Shipping and Chartering Ltd

Dear Dr Cupid Ltd

Devika Unlimited

Dieppe Ltd

Difcia Ltd

Dinsdale Properties Ltd

Dirkdale Ltd

Donner Ltd

Dracaens Ltd

Drifdale Ltd

Eadon Estates Ltd

ECJ Equity Partners Ltd

Edenton Ltd

Eirpost Holdings Unlimited

Elan Global Corporation

Elephant Road Operations Ltd

Entara Holdings Ltd

Eureka Interactive Fund Limited Executive Charter Group Ltd

Executive Jet Group Ltd

Eyrie Property Ltd

Faelyn Ltd

Fleet International Aviation & Maritime Finance Ltd

Fulham Developments Limited

Gabriel Properties Ltd

Gaming Ventures Plc

Garron Ltd

Gatko Capital Llc Get21 Ltd

Glensanda Investment Limited

Goldpower Ltd

Granite Investments Ltd

Green Circle Ltd

Greenstyle Ltd

Gurney Ltd

Hallasan Ltd

Hana Interoil Ltd

Hanlith Ltd

Harness Limited Hartlington Limited Hartknoll Ltd

Helix Technologies Ltd

HIS (Isle Of Man) Ltd

Hollywood Gardens Ltd

Hornchurch Investments Limited

Hosta Ltd

Hurstwood Ltd

Hyperion Charters Ltd

Image Group Ltd

Impley Investments Ltd

Intertransport Investments Ltd

Intertransport Overseas Ltd

Iron Trading Ltd

Juniper Management Ltd

Jupiter shipping Group Ltd

Kentz Corporation Ltd

Kilcurran Ltd

Kildonan Investments Ltd

Kildrum ltd

Kingswell Ltd

Kiwi Consulting Ltd

Landeros Unlimited

Lanesfield Ltd

Langham Investments Corporation Ltd

Langness Ltd

Leptis Unlimited

Lew City Developments Limited

LF  Film Distributors Ltd

Limelight Investments Ltd

Listock Corporation Unlimited

Lodge Properties Ltd

Logistic Investment Company Ltd

Lotta Properties Ltd

Magee Group Holdings Limited

Magee Holdings

Mallards Unlimited

Mamtos Ltd

Margaux International Limited

Marine &Bulk Ltd

Maritime Charter Sales Limited

Masai Unlimited

Maughold Ltd

Meadow Park Estates Ltd

Meadow Poppy Ltd

Meval Ltd

Mew City Developments Unlimited

Migi Ltd

Mintice Trading Ltd

Mirth Developments Ltd

Monteband Unlimited

Moonstream Ltd

Mowbury Ltd

Natara Unlimited

Nightline Holdings Ltd

Nordic Finance Company Services Ltd

O&H Wings Ltd

Oakenfold Trading Ltd

Olsen Developments Ltd

Orillia Ltd

P &B Property Holdings Ltd

Palais Ltd

Pamford Ltd

Parmed Ltd

Patrick Coman Unlimited

Peers Ltd

Penhold Ltd

Pennystone Consultants Limited

Penu Unlimited

Permanent Privacy Ltd

Petropolis Ltd

Piccadilly Management Limited

Pidemco Ltd

Pineview Ltd

Plasma Surgical Investments Ltd

Plumleaf Ltd

Plymstock Ltd

Polahan Ltd

Priya Communications Ltd

Prunus Ltd

Q Group Ltd

Qamford Unlimited

Qatermast Ltd

Quintrell Unlimited

Ramstead Ltd

Reba Ltd

Reem Investment Ltd

Reinland Ltd

Rempore Ltd

RNG Gaming Ltd

Roanlane Ltd

Rock Holdings Ltd

Roscoe Investments Ltd

RW Capital LLc

Saintpaulia Ltd

Savannah Charters Ltd

Seba Unlimited

Sempore Unlimited

Shawcross Investments Limited

Silkway Entertainment Ltd

Skipworth Properties Limited

Soest Ltd

Southgate Overseas Ltd

Southwark Bridge Village Ltd

Stantmory Ltd

Stigmory Ltd

Tagore Ltd

Tallcross Ltd

TBR Energy Drinks Ltd

Temrel Ltd

The Japan Pragmatist Fund Touleen Unlimited

Toulouse Ltd

Triple Net Investments Limited

Triskeli Oil & Gas Ltd

Trueblue Ltd

Tubalcain Ltd

Tynwald Ltd

Ultra Marine Investments Limited

Update Technology (IOM) Unlimited

Vanite Ltd

Vanmory Ltd

Vannin (Iom) Ltd

Vastus Industries Ltd

Verdun Investments Ltd

Violet Marine Ltd

Virgil Yachts Ltd

VR Rope Walk Ltd

Wadebridge Ltd

Waldegrave Ltd

Web Resources Ltd

Westlock Unlimited

Westminster Associates Limited

Whittal Company Ltd

Wholesale Holdings Ltd

Wireless Wonders Ltd

World Natural Resources Ltd

Wynnchurch Ltd

Xantha Unlimited

Yoredale Ltd

Yoxall Properties Ltd

Yoxall Properties Ltd

Zamtos Unlimited

Zeval Unlimited

Zirth DevelopmentsUnlimited

Zowbury Unlimited

Zuma Ltd

The Company also announces that Haysboro Limited, of which Michael is currently a director, was put into creditors voluntary liquidation on 23 September 2010.

There is no further information required to be disclosed under Schedule 2, Paragraph (g) of the AIM Rules for Companies, pursuant to Michael's appointment.

 

END

 

 

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