Result of AGM

RNS Number : 0989G

STM Group PLC

06 May 2011

 



Press Release

6 May 2011

STM Group Plc

(the "Company")

Result of AGM

STM Group Plc (AIM:STM), the cross border financial services provider, announces that at the Company's Annual General Meeting held today, at 18 Athol Street, Douglas, Isle of Man, all resolutions put to shareholders by the Board were duly passed.

As a result of the approval of Resolution 2, the Company will be paying a final dividend for the year ended 31 December 2010 of 0.4 pence per share on 10 June 2011 to shareholders registered at the close of business on 13 May 2011.

- 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

 

END

 

 

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