Last checked at 2 Jun 2008 10:39
| Press Release | 2 June 2008 |
STM Group Plc
("STM", "the Company" or "the Group")
Holding in Company
STM Group Plc (AIM:STM), the cross border financial services provider, has been notified by the following shareholders of changes in a notifiable interest as at 13 May 2008 in the Ordinary Share capital of the Company.
Rock Holdings Limited have transferred 3,680,000 Ordinary Shares to Southern Rock Insurance Company Limited, a related company.
The shareholdings are now:
| Southern Rock Insurance Company Ltd. | 3,870,000 Ordinary Shares |
| Mr. Arron Banks | 199,590 Ordinary Shares |
| Mr. Paul Chase-Gardener | 524,500 Ordinary Shares |
Both Mr Banks and Mr Chase-Gardener are connected to both Rock Holdings Limited and Southern Rock Insurance Company Limited, being the major shareholders in both companies Therefore, together Southern Rock Insurance Company Limited, Mr Banks and Mr Chase-Gardener are interested in 4,594,090 Ordinary Shares in the Company, representing approximately 10.87 per cent. of the Company's issued share capital.
- Ends -
For further information, please contact:
| STM Group Plc | |
| Tim Revill, Chief Executive Officer | Tel: 00 350 51610 |
| tim.revill@stmgroupplc.im | www.stmgroupplc.com |
| Daniel Stewart & Company Plc | Tel: +44 (0) 20 7776 6550 |
| Lindsay Mair / Stewart Dick | www.danielstewart.co.uk |
Media enquiries:
| Abchurch | |
| Henry Harrison-Topham / Charlie Jack | Tel: +44 (0) 20 7398 7706 |
| henry.ht@abchurch-group.com | www.abchurch-group.com |