Directors Dealings

RNS Number : 5986G

STM Group PLC

13 May 2011

 



Press Release

13 May 2011

STM Group Plc

("STM" or the "Company")

Directors Dealings

The Company has been notified by Julian Telling, the Non-Executive Chairman of the Company, of the market purchase of 85,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") by his pension scheme yesterday and today at an average price of 25.03 pence per Ordinary Share. His resultant beneficial interest is 85,000 Ordinary Shares representing 0.20 per cent. of the total issued share capital of the Company.

The Company has also been notified by Colin Porter, Chief Executive Officer of the Company, of the market purchase of 200,000 Ordinary Shares by him yesterday and today at an average price of 25.07 pence per Ordinary Share. His resultant beneficial interest is 537,613 Ordinary Shares, representing 1.25 per cent. of the total issued share capital of the Company.

- 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]
Marc Young/Simon Starr	www.finncap.com

Media enquiries:

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

Notes to editors

STM is an international financial services group which is listed on the AIM Market of the London Stock Exchange and made its first acquisition in 2007. The Group specialises in estate and succession planning and wealth structuring for high net worth individuals and their families.  STM's clients include entrepreneurs, celebrities, sports stars and affluent retirees.

STM's strategy is to grow organically and by acquisition, in particular looking for businesses and jurisdictions which provide a complimentary offering to the Group. Today, STM has operations in Gibraltar, Spain, Jersey, Switzerland and Malta. The Group is also looking to expand through the development of additional products and services that its ever more sophisticated clients demand.

In order to achieve this, 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 QROPS, QNUPS and EFRBS. The growth in Jersey, through the acquisition of Zenith, has coincided with the introduction of the Jersey Foundation legislation which has resulted in a growing number of enquiries and resultant business.

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

 

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