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Pin to quick picksStm Grp. Share News (STM)

Share Price Information for Stm Grp. (STM)

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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
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STM Group CEO steps down

Tue, 19th Jan 2016 18:38

(ShareCast News) - STM Group chief executive officer Colin Porter has stepped down, according to a corporate statement issued on Tuesday.The AIM-quoted financial services company said Porter was leaving to pursue an opportunity in a non-competing industry in the United States.Alan Kentish, director of product and business development and formerly Chief Financial Officer at flotation of the business in 2007 and executive director since then, will assume the role of Interim CEO as of 1 April 2016.STM Group reiterated that it has traded broadly in line with market expectations for 2015 of profit before tax of £2.7m versus £1.7m posted in 2014. The company added that it will announce its final results for the 12 months to 31 December 2015 on 1 March 2016.
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STM Group's chief financial officer increased her stake in the company in another show of confidence in the financial services business by its board. Therese Neish acquired 170,200 shares at an individual price of 23p, spending a total of £46,000. She now owns 492,756 shares in the group, represen

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