STM Group PLC Directorate Change (5458S)

TIDMSTM

RNS Number : 5458S

STM Group PLC

22 December 2016

STM Group Plc

("STM", the "Company" or the "Group")

Appointment of Non-Executive Director

STM Group Plc (AIM: STM), the cross border financial services provider, is pleased to announce the appointment of Robin Charles Ellison as a Non-Executive Director, with immediate effect. Robin is a lawyer with extensive experience in pensions in both the professional and academic fields, having been involved in various aspects of pensions since the 1970's. He has published a number of books and articles on the subject of pension law, is a former Chairman of what is now the Pensions and Lifetime Savings Association, is a consultant with Pinsent Masons, and is Visiting Professor of Pensions Law at Cass Business School.

Commenting on Robin's appointment, Alan Kentish, Chief Executive Officer at STM, said: "I am very pleased to welcome Robin to the Board and look forward to his contribution given his extensive experience in the pensions field which is currently our major business sector and offers considerable growth opportunities for STM."

Robin Ellison added: "I am delighted to be joining STM, and look forward to helping it both develop its existing business and design and introduce new products, in a market which is rapidly changing. There are significant opportunities for innovative pensions products both in the UK and the rest of the world and STM is uniquely placed to make use of those opportunities."

The following details in relation to the appointment of Mr Ellison are disclosed in accordance with Schedule 2(g) and Rule 17 of the AIM Rules for Companies:

Director's full name: Robin Charles Ellison

Director's age: 67 years

 
 Current directorships                 Past directorships held 
                                        within the last five 
                                        years 
 Brigsteer Agricultural                The National Association 
  Land Management Limited               of Pension Funds Limited 
  CAR UK Limited                        The Trustee Guild Ltd 
  Carillion (DB) Pension                Trustee Solutions Ltd 
  Trustee Limited                       London Wall Trustees 
  Global Operations & Administration    Limited 
  Limited                               Occupational Pensions 
  Goal Global Recoveries                Trusts Limited 
  Limited                               Occupational Pensions 
  Goal Group Ltd                        Trusts Administration 
  Goal Taxback Limited                  Limited 
  Hedgehog(1) Limited                   Pensions for Family Lawyers 
  Hedgehog(2) Limited                   Ltd. 
  Hedgehog(3) Limited                   The Trustee Guild Limited 
  Hedgehog(4) Limited                   Browallia Retirement 
  Hedgehog(5) Limited                   Benefits Scheme Trustees 
  IDS Trustees Limited                  Limited 
  iiTRA Limited                         Risk-Averse Investing 
  Jewish Care Pension Trustees          Limited 
  Limited                               Cumuluspensions Limited 
  Jewish Chronicle Pension              Alfred McAlpine Pension 
  Trustees Limited                      Trustees Limited 
  London & Colonial Holdings 
  Limited 
  London & Colonial Services 
  Limited 
  Magen David Adom UK Ltd 
  Perrymount House Limited 
  Stoll Moss Theatres (Pension 
  Trustees) Ltd 
  The Fiduciary Corporation 
  (Properties) Limited 
  White Horse Mutual Ltd 
 
 

Mr Ellison has no interest in any ordinary shares or options in the Company.

There are no other disclosures in accordance with Schedule 2(g) and Rule 17 of the AIM Rules for Companies.

For further information, please contact:

 
 STM Group Plc 
 Alan Kentish, Chief Executive                    Tel: [phone] 
  Officer                                                   42686 
  [e-mail]                www.stmgroupplc.com 
 
 Therese Neish, Chief Financial                   Tel: [phone] 
  Officer                                                   42686 
  [e-mail] 
 
 FinnCap                                          www.finncap.com 
 Matt Goode / Emily Watts - Corporate             Tel: +44 (0) 20 
  Finance                                               7220 0500 
  Mia Gardner - Corporate Broking 
 
 Walbrook                                      www.walbrookpr.com 
 Tom Cooper / Paul Vann                           Tel: +44 (0) 20 
                                                        7933 8780 
                                                 Mob: +44 (0) 797 
                                                         122 1972 
                                        [e-mail] 
 

Notes to editors:

STM is a multi jurisdictional financial services group which is listed on the AIM Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and the administration of assets for international clients in relation to retirement, estate and succession planning and wealth structuring.

Today, STM has operations in Gibraltar, Malta, Jersey and Spain. The Group is looking to expand through the development of additional products and services that its ever more sophisticated clients demand. STM has developed a specialist international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS), Qualifying Non UK Pension Schemes (QNUPS). STM has 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.

Further information on STM Group can be found at www.stmgroupplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 22, 2016 02:00 ET (07:00 GMT)