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11 Apr 2011 16:12
Press Release | 11 April 2011 |
STM Group Plc
("STM" or "the Company")
Director/PDMR Shareholding
STM Group plc (AIM: STM), the cross border financial services provider, was notified that today, 11 April 2011, Bernard Gallagher, Non-Executive Chairman of the Company, transferred 625,395 ordinary shares of shares of 0.1 pence each in the Company ("Ordinary Shares") held in STM Fidecs Nominees Limited into his own name.
The transfer was made for nil consideration. Following this transfer Mr. Gallagher's beneficial holding in the Company remains unchanged at 625,395 Ordinary Shares, representing 1.45 per cent. of the current issued share capital of the Company.
- Ends -
For further information, please contact:
STM Group Plc | |
Colin Porter, Chief Executive Officer colin.porter@stmgroupplc.com | Tel: 00 350 200 42686 www.stmgroupplc.com |
Alan Kentish, Chief Financial Officer alan.kentish@stmgroupplc.com | 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 |
Marc Young / Simon Starr | www.finncap.com |
Media enquiries:
Abchurch | |
Henry Harrison-Topham / Mark Dixon | Tel: +44 (0) 20 7398 7729 |
mark.dixon@abchurch-group.com | www.abchurch-group.com |
Notes to editors
STM is an international financial services group which is listed on the AIM Market of the London Stock Exchange and made its first acquisition in 2007. The Group specialises in estate and succession planning and wealth structuring for high net worth individuals and their families. STM's clients include entrepreneurs, celebrities, sports stars and affluent retirees.
STM's strategy is to grow organically and by acquisition, in particular looking for businesses and jurisdictions which provide a complimentary offering to the Group. Today, STM has operations in Gibraltar, Spain, Jersey, Switzerland and Malta. The Group is also looking to expand through the development of additional products and services that its ever more sophisticated clients demand.
In order to achieve this, STM has, for example, incorporated a Gibraltar Life Insurance Company, STM Life plc, which provides life insurance bonds - wrappers in which a variety of investments - including investment funds - can be held. STM has developed a specialist international pensions division which specialises in QROPS, QNUPS and EFRBS. The growth in Jersey, through the acquisition of Zenith, has coincided with the introduction of the Jersey Foundation legislation which has resulted in a growing number of enquiries and resultant business.
Further information on STM Group can be found at www.stmgroupplc.com
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