Last checked at 14 Dec 2010 07:00
Press Release | 14 December 2010 |
STM Group Plc
("STM" or the "Company")
Board Changes and change of registered office
STM Group Plc (AIM:STM), the cross border financial services provider, today announces that Michael Ross Riddell has been appointed to the Board of the Company as a non-executive director with immediate effect. Michael, aged 55, is an experienced company director having qualified as a Chartered Accountant in Canada in 1986. Michael has worked in trust and corporate services and financial services since 1988 and is managing director of Greystone Trust Company Limited, the trust and corporate services arm of Greystone LLC based in the Isle of Man.
Michael is a director of Hearth Investments Limited ("Hearth") which holds 7,600,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") in trust, representing 17.7 per cent. of the current issued share capital of the Company.
Further information in respect of Michael's current and past directorships is set out below in accordance with Schedule 2 paragraph (g) of the AIM Rules.
The Company also announces that Martin Derbyshire and Mark Denton have both resigned as non-executive directors of the Company with immediate effect. The Board would like to thank both Martin and Mark for their contributions to the Company since its flotation in 2007.
The Company also announces that the registered office is changing from P O Box 227, Clinch's House, Lord Street, Douglas , Isle of Man, IM99 1RZ to 18 Athol Street, Douglas, Isle of Man, IM1 1JA.
- Ends -
For further information, please contact:
STM Group Plc | |
Colin Porter, Chief Executive Officer colin.porter@stmgroupplc.im | Tel: 00 350 200 42686 www.stmgroupplc.com |
Alan Kentish, Chief Financial Officer alan.kentish@stmgroupplc.im | Tel: 00 350 200 78614
|
Evolution Securities | Tel: +44 (0) 20 7071 4300 |
Jeremy Ellis / Chris Clarke | www.evosecurities.com |
FinnCap |
Tel: +44 (0)20 7600 1658 |
Tom Jenkins / Marc Young | www.finncap.com |
Media enquiries:
Abchurch | |
Henry Harrison-Topham / Mark Dixon | Tel: +44 (0) 20 7398 7702 |
henry.ht@abchurch-group.com | www.abchurch-group.com |
In accordance with Schedule 2 paragraph (g) of the AIM Rules, the Company announces the following information in respect of Michael's current and past directorships.
Mr Riddell is currently a director of the following companies:
Aden Services Ltd |
Amiya Geo Master Fund Limited |
Amiya (Cayman) Limited |
Amiya Global Emerging Opportunities Fund Limited |
Associated Design Consultants Ltd |
Aynsgarth Ltd |
Ballyclare Developments (IOM) Ltd |
Banion Ltd |
Belmont Properties Ltd |
Blue Seas Bunkering Ltd |
Bosbury Ltd |
Bratoga Ltd |
CaIpers Investments Ltd |
Castletown Holdings Ltd |
Chara Ltd |
Charlton Commercial Inc |
CitiFinancial (Isle Of Man) Ltd |
Clarins Ltd |
Clodex Ltd |
Cornwall Terrace Holdings Limited |
Cornwall Terrace (No. 10) Ltd |
Cornwall Mews (No. 22) Ltd |
Cornwall Mews (No 24) Ltd |
Cornwall Mews (No.31) Ltd |
Cornwall. Mews (No.32) Ltd |
Cornwall Mews (No.33) Ltd |
Cornwall Mews (No.34) Ltd |
Cornwall Mews (No.37) Ltd |
Cornwall Mews (No.39) Ltd |
Cornwall Mews (No.41) Ltd |
Cornwall Terrace (No.1 1 &12) Ltd |
Cornwall Terrace (No. 2 &3) Ltd |
Cornwall Terrace (No. 20 & 21) Ltd |
Cornwall Terrace (No.4 &5) Ltd |
Cornwall Terrace (No.6 &7) Ltd |
Cornwall Terrace (No.8) Ltd |
Cornwall Terrace (No.9 &10) Ltd |
Crampton Developments Limited |
Defiance Ltd |
Delray Ltd |
Dering Developments Ltd (formerly Obax Ltd) Dexterous Ltd |
Eadon Ltd |
Elden Ltd |
Elevate Europe Ltd |
Elmdon Company ltd |
Englewood Ltd |
Euryalus Ltd |
Fairclass Ltd |
Falmouth Developments Limited |
Falmouth Ltd |
Finank Ltd |
First Clybane Management Ltd |
Fossgate Limited Gansey Ltd |
Glenside Investments Limited |
Greenford Management Inc |
Greenford Management Limited |
Greystone Trust Company Ltd |
Greystone (IOM) Limited |
Greystone First Nominees Limited |
Greystone Second Nominees Limited |
Greystone Secretaries Limited |
Haysboro Ltd |
Hearth Investments Ltd |
Indac Corporation Ltd |
International Management Solutions Ltd |
ITE Contractor Services Ltd |
ITECS (UK) Ltd |
James Toseland Racing Ltd |
Jamburie Limited |
JK Investments (Cayman) Limited |
JT & ST Properties Ltd |
Kentz Africa Holdings Ltd |
Kentz Caspian Ltd |
Kentz Equatorial Guinea Ltd |
Kentz International Ltd |
Kentz Overseas Ltd |
Kentz TSS (Global) Ltd |
Kerbet Ltd |
Kew Developments Ltd |
Keyway Investments Ltd |
Kingdon Developments Ltd |
Kirkshire Ltd |
Lacey Enterprises Ltd |
Leonora Ltd |
Light House Living Ltd |
Lovern Limited |
Lynwave Ltd |
Manderina Ltd |
Manyatta Ltd |
Mapstone (IOM) Ltd |
Mara Holdings Ltd |
Marengo Consulting Ltd |
Maritime Charter Sales Limited |
Massala Services Ltd |
Medina Ltd |
Metal Engineering Technology Limited |
Michiel Control Ltd |
Millet Ltd |
Mongoose Pacific Ltd |
Moonlight Charters Ltd |
Murex Securities Ltd |
Neptune Consultants Ltd |
Noblebrand Ltd |
Nosila Ltd |
Oakmayne (Woolwich - Site 1) Limited |
Oakmayne (Woolwich - Site 3) Limited |
Oakmayne (Woolwich) Ltd |
Oakmayne Partners Ltd |
Oakmayne Properties (Regeneration) Ltd |
Oakmayne Ventures Ltd |
On Course Solutions Ltd |
Parminder Ltd |
Petro Group Ltd |
Plaza Developments Ltd |
Porterville Ltd |
Radstock Ltd |
Rathbawn (IOM) Ltd |
Redland Enterprises Ltd |
Regalia Ltd |
Rivington Street Holdings Plc |
Rossone Limited |
Salix Ltd |
Security Partner Ltd |
Septer Ltd |
Shima Holdings Ltd |
Sigma Aviation Services Limited |
Silverburn Properties Limited |
Soil Solutions Ltd |
Soil Solutions LLc |
Stettler Ltd |
Sunny Investments Ltd |
Swiftsure Ltd |
Talbot Directors Limited |
Templeside Investments Ltd |
Tempo Capital Management Limited |
Tempo Fund Limited |
Tempo Volatility Fund Limited |
Theron Ltd |
Toffsway Ltd |
Trade Stairlifts Ltd |
Tuque Ltd |
Upper West Side Developments Limited |
Uralba Limited |
Urley Ltd |
Vancouver Ltd |
Vanderbilt (Boundary Road) Limited |
Vanderbilt Developments Limited |
Ventura Enterprises Ltd |
Worship Street Investments Ltd |
Wylton International (UK) Limited |
Wylton International Trading Limited |
Wylton Production Investment Ltd |
Yokota Ltd |
Zandai Ltd |
Mr Riddell was a director of the following companies during the past 5 years:
Aberdeen Yachts Ltd |
Abrias Investment Managers (Cayman) Limited Adelaide Properties Ltd |
Adela Ltd |
Affordable Housing Solutions Ltd |
Africa Asia Capital Ltd |
Alix Unlimited |
Amnesia Marine Ltd |
Amnesia Shipping Ltd |
Anagarth Ltd |
Applejack Holdings Ltd |
Atlas Gaming Multimedia Ltd |
Arverni Ltd |
Avery Holdings Ltd |
Avon Shipping Ltd |
Balthane Aviation Ltd |
Bambridge Investments Ltd |
Backstay Management Ltd |
BCD Ltd |
BDO (Isle of Man) Ltd |
Belconnen Ltd |
Beldent Unlimited |
Benosar Ltd |
Berkshire Investment Management Ltd |
Bindle Ltd |
Boldergate Ltd |
Bonita Marine Ltd |
Boreen Ltd |
Bosworth Ltd |
Braemar Ltd |
Briercrete Ltd |
Brimfield Ltd |
Brinlock Corporation Ltd |
Brockmoor Trading Ltd |
Bullmore Ltd |
Bush Hill Ltd |
BVH Ltd |
Cambourne Ltd |
Cardston Ltd |
Carmyle Ltd |
Carnsdale Overseas Ltd |
Cast Trading Ltd |
CCD Unlimited |
Cedar Services Ltd |
Ceris Ltd |
Channel Yachting Ltd |
Charter Corporate Services Ltd |
Cirrus Aviation Holding Ltd |
Clanworth Ltd |
Ciifton Gardens Ltd |
Clinford Holdings Ltd |
Colwick Ltd |
Comans Ltd |
Compass Rose Marine Limited |
Conservation Holdings Limited |
Consword Ltd |
Copap Participations Ltd |
Cordine Ltd |
Cornwall Terrace (No.8) Sub Limited |
Creganna Medical Technology Unlimited |
Creganna Solutions Ltd |
Curran Corporation Unlimited |
Damus Group Ltd |
Damus Holdings Unlimited |
Darius Unlimited |
Darsy Ltd |
Darya Shipping and Chartering Ltd |
Dear Dr Cupid Ltd |
Devika Unlimited |
Dieppe Ltd |
Difcia Ltd |
Dinsdale Properties Ltd |
Dirkdale Ltd |
Donner Ltd |
Dracaens Ltd |
Drifdale Ltd |
Eadon Estates Ltd |
ECJ Equity Partners Ltd |
Edenton Ltd |
Eirpost Holdings Unlimited |
Elan Global Corporation |
Elephant Road Operations Ltd |
Entara Holdings Ltd |
Eureka Interactive Fund Limited Executive Charter Group Ltd |
Executive Jet Group Ltd |
Eyrie Property Ltd |
Faelyn Ltd |
Fleet International Aviation & Maritime Finance Ltd |
Fulham Developments Limited |
Gabriel Properties Ltd |
Gaming Ventures Plc |
Garron Ltd |
Gatko Capital Llc Get21 Ltd |
Glensanda Investment Limited |
Goldpower Ltd |
Granite Investments Ltd |
Green Circle Ltd |
Greenstyle Ltd |
Gurney Ltd |
Hallasan Ltd |
Hana Interoil Ltd |
Hanlith Ltd |
Harness Limited Hartlington Limited Hartknoll Ltd |
Helix Technologies Ltd |
HIS (Isle Of Man) Ltd |
Hollywood Gardens Ltd |
Hornchurch Investments Limited |
Hosta Ltd |
Hurstwood Ltd |
Hyperion Charters Ltd |
Image Group Ltd |
Impley Investments Ltd |
Intertransport Investments Ltd |
Intertransport Overseas Ltd |
Iron Trading Ltd |
Juniper Management Ltd |
Jupiter shipping Group Ltd |
Kentz Corporation Ltd |
Kilcurran Ltd |
Kildonan Investments Ltd |
Kildrum ltd |
Kingswell Ltd |
Kiwi Consulting Ltd |
Landeros Unlimited |
Lanesfield Ltd |
Langham Investments Corporation Ltd |
Langness Ltd |
Leptis Unlimited |
Lew City Developments Limited |
LF Film Distributors Ltd |
Limelight Investments Ltd |
Listock Corporation Unlimited |
Lodge Properties Ltd |
Logistic Investment Company Ltd |
Lotta Properties Ltd |
Magee Group Holdings Limited |
Magee Holdings |
Mallards Unlimited |
Mamtos Ltd |
Margaux International Limited |
Marine &Bulk Ltd |
Maritime Charter Sales Limited |
Masai Unlimited |
Maughold Ltd |
Meadow Park Estates Ltd |
Meadow Poppy Ltd |
Meval Ltd |
Mew City Developments Unlimited |
Migi Ltd |
Mintice Trading Ltd |
Mirth Developments Ltd |
Monteband Unlimited |
Moonstream Ltd |
Mowbury Ltd |
Natara Unlimited |
Nightline Holdings Ltd |
Nordic Finance Company Services Ltd |
O&H Wings Ltd |
Oakenfold Trading Ltd |
Olsen Developments Ltd |
Orillia Ltd |
P &B Property Holdings Ltd |
Palais Ltd |
Pamford Ltd |
Parmed Ltd |
Patrick Coman Unlimited |
Peers Ltd |
Penhold Ltd |
Pennystone Consultants Limited |
Penu Unlimited |
Permanent Privacy Ltd |
Petropolis Ltd |
Piccadilly Management Limited |
Pidemco Ltd |
Pineview Ltd |
Plasma Surgical Investments Ltd |
Plumleaf Ltd |
Plymstock Ltd |
Polahan Ltd |
Priya Communications Ltd |
Prunus Ltd |
Q Group Ltd |
Qamford Unlimited |
Qatermast Ltd |
Quintrell Unlimited |
Ramstead Ltd |
Reba Ltd |
Reem Investment Ltd |
Reinland Ltd |
Rempore Ltd |
RNG Gaming Ltd |
Roanlane Ltd |
Rock Holdings Ltd |
Roscoe Investments Ltd |
RW Capital LLc |
Saintpaulia Ltd |
Savannah Charters Ltd |
Seba Unlimited |
Sempore Unlimited |
Shawcross Investments Limited |
Silkway Entertainment Ltd |
Skipworth Properties Limited |
Soest Ltd |
Southgate Overseas Ltd |
Southwark Bridge Village Ltd |
Stantmory Ltd |
Stigmory Ltd |
Tagore Ltd |
Tallcross Ltd |
TBR Energy Drinks Ltd |
Temrel Ltd |
The Japan Pragmatist Fund Touleen Unlimited |
Toulouse Ltd |
Triple Net Investments Limited |
Triskeli Oil & Gas Ltd |
Trueblue Ltd |
Tubalcain Ltd |
Tynwald Ltd |
Ultra Marine Investments Limited |
Update Technology (IOM) Unlimited |
Vanite Ltd |
Vanmory Ltd |
Vannin (Iom) Ltd |
Vastus Industries Ltd |
Verdun Investments Ltd |
Violet Marine Ltd |
Virgil Yachts Ltd |
VR Rope Walk Ltd |
Wadebridge Ltd |
Waldegrave Ltd |
Web Resources Ltd |
Westlock Unlimited |
Westminster Associates Limited |
Whittal Company Ltd |
Wholesale Holdings Ltd |
Wireless Wonders Ltd |
World Natural Resources Ltd |
Wynnchurch Ltd |
Xantha Unlimited |
Yoredale Ltd |
Yoxall Properties Ltd |
Yoxall Properties Ltd |
Zamtos Unlimited |
Zeval Unlimited |
Zirth DevelopmentsUnlimited |
Zowbury Unlimited |
Zuma Ltd |
The Company also announces that Haysboro Limited, of which Michael is currently a director, was put into creditors voluntary liquidation on 23 September 2010.
There is no further information required to be disclosed under Schedule 2, Paragraph (g) of the AIM Rules for Companies, pursuant to Michael's appointment.