Issue of Equity/TVR

RNS Number : 9063K

STM Group PLC

22 April 2015

 

 22 April 2015

STM Group Plc

("STM" or "the Company")

Issue of Equity/Total Voting Rights

STM Group Plc (AIM: STM), the multi-jurisdictional financial services group, announces that 5,961,538 new ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") have been allotted pursuant to the exercise of convertible loan notes as described in the announcement dated 16 April 2015.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that such Admission will occur and dealings will commence on 23 April 2015.

Following Admission, the total number of ordinary shares in issue with voting rights will be 59,408,087 with each such ordinary share carrying the right to one vote. There are no shares held in treasury. The figure of 59,408,087 may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest, or a change to their interest, in STM under the FCA's Disclosure and Transparency Rules.

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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