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INVESTOR RELATIONS

Directors Share Dealings

Directors Share Dealings

21 July 2017

STM Group Plc (AIM: STM), the cross border financial services provider, announces the following share dealings by persons closely associated with certain Directors:

Clifton Participations Inc, a person closely associated with Alan Kentish, Chief Executive Officer, and Quest Traders Limited, a person closely associated with Elizabeth Plummer, Company Secretary, have sold 500,000 and 250,000 ordinary shares of 0.1 pence ("Ordinary Shares") respectively in the Company, in order to satisfy institutional demand.  

Following the above transactions, Alan Kentish (indirectly through Clifton Participations Inc, which forms part of the assets of the Perros Trust of which Alan Kentish is a potential beneficiary) holds 6,718,817 Ordinary Shares representing 11.31% of the current total voting rights of the Company and Elizabeth Plummer (indirectly through Quest Traders Limited) holds 1,510,981 Ordinary Shares representing 2.54% of the total voting rights of the Company.

Of the acquiring institutions, one is a new holder in STM. 

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details on the above transactions.

 

For further information, please contact:

STM Group Plc
Alan Kentish, Chief Executive Officer Tel: 00 350 200 42686
alan.kentish@stmgroupplc.com www.stmgroupplc.com
Therese Neish, Chief Financial Officer Tel: 00 350 200 42686
therese.neish@stmgroupplc.com  
   
finnCap www.finncap.com
Matt Goode / Emily Watts - Corporate Finance Tel: +44 (0) 20 7220 0500
Mia Gardner - Corporate Broking  
   
Walbrook www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 20 7933 8780
Mob: +44 (0) 797 122 1972
  tom.cooper@walbrookpr.com

 

Notes to editors:

STM is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

Today, STM has trading operations in Gibraltar, Malta, Jersey, and Spain. It has also recently opened satellite offices in South East Asia, the Middle East, and South Africa. The Group continues to expand through the development of additional products and services that its ever-more sophisticated clients demand.

STM has, for example, a dedicated international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS) and Qualifying Non-UK Pension Schemes (QNUPS); it also has a Gibraltar Life Insurance Company, STM Life Assurance PCC PLC, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held.

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

 

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