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STM Stm Group Plc

57.50
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Stm Group Plc LSE:STM London Ordinary Share IM00B1S9KY98 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 57.50 55.00 60.00 57.50 57.50 57.50 15,000 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 24.42M 844k 0.0142 40.49 34.16M

STM Group PLC Update on Gibraltar entities Skilled Person Review (9351P)

01/06/2018 7:00am

UK Regulatory


Stm (LSE:STM)
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TIDMSTM

RNS Number : 9351P

STM Group PLC

01 June 2018

 
 
 

STM Group Plc

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

Update on Gibraltar regulated entities Skilled Person Review

STM Group Plc (AIM: STM), the multi-jurisdictional financial services group, advises that further to the update provided on 4 May 2018, the respective Gibraltar regulated entities are still working collaboratively with Deloitte and the Gibraltar Financial Services Commission in order to finalise the third-party review (a Skilled Person Review) being carried out under Section 7 of the Financial Services (Information Gathering and Co-operation) Act 2013, on certain aspects of the various Gibraltar businesses (the "Report").

Deloitte are expected to finalise their report in the coming days, on receipt of the respective management responses from the various Gibraltar businesses.

A fuller update will be provided as soon as the finished Report is delivered to the respective parties.

For further information, please contact:

 
 STM Group Plc 
 Alan Kentish, Chief Executive Officer                    Via Walbrook PR 
  alan.kentish@stmgroupplc.com                        www.stmgroupplc.com 
 
 Therese Neish, Chief Financial Officer 
  therese.neish@stmgroupplc.com 
 
 finnCap                                                  www.finncap.com 
 Matt Goode / Emily Watts - Corporate Finance        Tel: +44 (0) 20 7220 
  Tim Redfern / Richard Chambers - Corporate                         0500 
  Broking 
 
 Walbrook                                              www.walbrookpr.com 
 Tom Cooper / Paul Vann                              Tel: +44 (0) 20 7933 
                                                                     8780 
                                                     Mob: +44 (0) 797 122 
                                                                     1972 
                                                tom.cooper@walbrookpr.com 
 

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 the UK, 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 also has two Gibraltar Life Assurance Companies which provide 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 rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

June 01, 2018 02:00 ET (06:00 GMT)

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