STM Group PLC Director Declaration (5409H)

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RNS Number : 5409H

STM Group PLC

16 November 2018

STM Group Plc

("STM" or the "Group")

Director Declaration

STM Group Plc (AIM: STM), the cross border financial services provider, is pleased to provide an update on the announcement dated 30 October 2017 in respect of the arrest of Alan Kentish and one of his Gibraltar based colleagues by the Royal Gibraltar Police (RGP) (the "Announcement"). Alan Kentish and his colleague have now been formally advised that the investigation into matters described in the Announcement have been completed and no further action will be taken. No charges were ever made against the individuals.

For further information, please contact:

 
 STM Group Plc 
 Alan Kentish, Chief Executive Officer              Via Walbrook PR 
  [e-mail]                  www.stmgroupplc.com 
 
 Therese Neish, Chief Financial Officer 
  [e-mail] 
 
 FinnCap                                            www.finncap.com 
 Matt Goode / Emily Watts - Corporate     Tel: [phone] 
  Finance 
  Tim Redfern / Richard Chambers - 
  ECM 
 
 Walbrook                                        www.walbrookpr.com 
 Tom Cooper / Paul Vann                   Tel: [phone] 
                                          Mob: [phone] 
                                          [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.

STM has operations in the UK, Malta, Gibraltar, 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 SIPPs, Qualifying Recognised Overseas Pension Schemes (QROPS), and 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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November 16, 2018 02:00 ET (07:00 GMT)