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Stm Grp. Share News (STM)

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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 57.50

Bid: 55.00

Ask: 60.00

Change: 0.00 (0.00%)

Spread: 5.00 (9.091%)

Open: 57.50

High: 57.50

Low: 57.50

Prev. Close: 57.50

STM Live Price

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IN BRIEF: STM Group Signs Credit Facility To Fund Acquisitions

Fri, 06th Nov 2020 15:14

STM Group PLC - cross-border financial services provider - Signs a credit facility with Royal Bank of Scotland (International) Ltd to support its mergers & acquisitions growth strategy. The credit facility is for GBP5.5 million, is to be used purely for acquisitions, and is expected to be drawn down in line with acquisition milestones by April 2022 at the latest. The facility has a five-year term with capital repayments structured over ten years and a final instalment to settle the outstanding balance in full at the end of the five years.

Current stock price: 27.67 pence

Year-to-date change: up 15%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

14 Oct 2020 11:32

STM Highlights Profit Hit As It Scales Back New Business Expectations

STM Highlights Profit Hit As It Scales Back New Business Expectations

14 Oct 2020 10:05

STM Group Q4 new business wins impacted by Covid-19

(Sharecast News) - Financial services provider STM Group warned on Wednesday that new business wins for the remainder of the year would likely fall short of prior expectations as Covid-19 continued to cause delays.

21 Sep 2020 19:29

UK TRADING UPDATE SUMMARY: Record In Talks For Bumper Hedging Deal

UK TRADING UPDATE SUMMARY: Record In Talks For Bumper Hedging Deal

8 Sep 2020 12:57

STM Group Reports Profit Fall In Half-Year As Covid-19 Causes Delays

STM Group Reports Profit Fall In Half-Year As Covid-19 Causes Delays

1 Sep 2020 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

13 Aug 2020 17:14

STM Group Buys Two Pension Businesses For Up To GBP2.9 Million

STM Group Buys Two Pension Businesses For Up To GBP2.9 Million

6 Aug 2020 18:18

UK TRADING UPDATE SUMMARY: Warehouse REIT Pipeline Progressing Well

UK TRADING UPDATE SUMMARY: Warehouse REIT Pipeline Progressing Well

6 Aug 2020 10:30

STM Group sees only 'limited impact' from Covid-19

(Sharecast News) - Financial services provider STM said on Thursday that it had seen only a "limited impact" on its ability to service existing customers and onboard new business from the ongoing Covid-19 pandemic.

17 Jun 2020 12:57

IN BRIEF: STM Trading In Line Despite Slower Conversion Timelines

IN BRIEF: STM Trading In Line Despite Slower Conversion Timelines

17 Jun 2020 10:08

STM Group's conversion timelines remain slowed

(Sharecast News) - Cross-border financial services provider STM Group warned on Wednesday that conversion timelines had remained slower during the Covid-19 crisis.

10 Jun 2020 16:17

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

28 Apr 2020 14:12

STM Slashes Dividend To Conserve Cash, Reports Annual Profit Slide

STM Slashes Dividend To Conserve Cash, Reports Annual Profit Slide

21 Apr 2020 16:02

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

23 Mar 2020 12:16

TOP NEWS: UK Companies Delay Results After Request By UK Regulator

TOP NEWS: UK Companies Delay Results After Request By UK Regulator