Appointment of Non-Executive Director
22 December 2016
STM Group Plc (AIM: STM), the cross border financial services provider, is pleased to announce the appointment of Robin Charles Ellison as a Non-Executive Director, with immediate effect. Robin is a lawyer with extensive experience in pensions in both the professional and academic fields, having been involved in various aspects of pensions since the 1970's. He has published a number of books and articles on the subject of pension law, is a former Chairman of what is now the Pensions and Lifetime Savings Association, is a consultant with Pinsent Masons, and is Visiting Professor of Pensions Law at Cass Business School.
Commenting on Robin's appointment, Alan Kentish, Chief Executive Officer at STM, said: "I am very pleased to welcome Robin to the Board and look forward to his contribution given his extensive experience in the pensions field which is currently our major business sector and offers considerable growth opportunities for STM."
Robin Ellison added: "I am delighted to be joining STM, and look forward to helping it both develop its existing business and design and introduce new products, in a market which is rapidly changing. There are significant opportunities for innovative pensions products both in the UK and the rest of the world and STM is uniquely placed to make use of those opportunities."
The following details in relation to the appointment of Mr Ellison are disclosed in accordance with Schedule 2(g) and Rule 17 of the AIM Rules for Companies:
Director's full name: Robin Charles Ellison
Director's age: 67 years
| Current directorships | Past directorships held within the last five years |
| Brigsteer Agricultural Land Management Limited CAR UK Limited Carillion (DB) Pension Trustee Limited Global Operations & Administration Limited Goal Global Recoveries Limited Goal Group Ltd Goal Taxback Limited Hedgehog(1) Limited Hedgehog(2) Limited Hedgehog(3) Limited Hedgehog(4) Limited Hedgehog(5) Limited IDS Trustees Limited iiTRA Limited Jewish Care Pension Trustees Limited Jewish Chronicle Pension Trustees Limited London & Colonial Holdings Limited London & Colonial Services Limited Magen David Adom UK Ltd Perrymount House Limited Stoll Moss Theatres (Pension Trustees) Ltd The Fiduciary Corporation (Properties) Limited White Horse Mutual Ltd |
The National Association of Pension Funds Limited The Trustee Guild Ltd Trustee Solutions Ltd London Wall Trustees Limited Occupational Pensions Trusts Limited Occupational Pensions Trusts Administration Limited Pensions for Family Lawyers Ltd. The Trustee Guild Limited Browallia Retirement Benefits Scheme Trustees Limited Risk-Averse Investing Limited Cumuluspensions Limited Alfred McAlpine Pension Trustees Limited |
Mr Ellison has no interest in any ordinary shares or options in the Company.
There are no other disclosures in accordance with Schedule 2(g) and Rule 17 of the AIM Rules for Companies.
For further information, please contact:
| STM Group Plc | |
| Alan Kentish, Chief Executive Officer | Tel: 00 350 200 42686 |
| [email protected] | www.stmgroupplc.com |
| Therese Neish, Chief Financial Officer | Tel: 00 350 200 42686 |
| [email protected] | |
| FinnCap | Tel: +44 (0) 20 7220 0500 |
| Matt Goode / Emily Watts - Corporate Finance | www.finncap.com |
| Mia Gardner - Corporate Broking | |
| Media enquiries: | |
| Walbrook | |
| Tom Cooper / Paul Vann | Tel: +44(0)2079338780 Mob: +44 (0) 797 122 1972 |
| [email protected] |
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