STM Group PLC Trading Update, Board Change & Notice of Results (0559A)
January 31 2022 - 1:59AM
UK Regulatory
TIDMSTM
RNS Number : 0559A
STM Group PLC
31 January 2022
STM Group Plc
("STM", the "Company" or the "Group")
Trading Update, Board Change
Notice of Results & Investor Presentation
STM Group Plc (AIM: STM), the cross border financial services
provider, announces a trading update for the 12 months to 31
December 2021, a Board change and notice of its final results for
2021.
Trading Update
Further to the trading update of 19 November 2021, the Board
confirms that its trading results for 2021 will be materially in
line with previous guidance, subject to any adjustments resulting
from the Group audit process. Expectations for 2022 also remain in
line with existing guidance.
Board Change
Robin Ellison, who joined the Plc Board as a Non-Executive
Director at the time of STM's acquisition of the London &
Colonial Group in 2016, relinquishes his Board position as from
today, 31 January 2022, having completed a five year term. A
process is underway to appoint a successor to Robin and a further
announcement will be made at the appropriate time.
Commenting on Robin's contribution, Alan Kentish, CEO, said:
"Robin has been a valued member of the Plc Board and with his
pension legal background has significantly added to the vision and
strategy of the Group. His career in the UK pensions industry spans
many decades, and his depth of knowledge and contacts means that
STM will continue to work with Robin on a consultancy basis going
forward. I, along with the remainder of the Plc Board, would like
to thank Robin for his valued service to STM."
Notice of Results
STM Group expects to announce its Final Results for the 12
months to 31 December 2021 on Tuesday 29 March 2022.
Investor Presentation - 4pm on Wednesday 30 March 2022
Chief Executive, Alan Kentish, and Chief Financial Officer,
Nicole Coll, will be hosting a remote presentation to review the
2021 Results and prospects at 4pm on Wednesday 30 March 2022.
The presentation will be hosted through the digital platform
Investor Meet Company. Investors can sign up to Investor Meet
Company and add to meet STM Group Plc via the following link
https://www.investormeetcompany.com/stm-group-plc/register-investor
.
For those investors who have already registered and added to
meet the Company, they will automatically be invited.
Questions can be submitted pre-event to STM@walbrookpr.com or in
real time during the presentation via the "Ask a Question"
function.
For further information, please contact:
STM Group Plc
Alan Kentish, Chief Executive Officer Via Walbrook PR
Nicole Coll, Chief Financial Officer www.stmgroupplc.com
finnCap www.finncap.com
Matt Goode / Abigail Kelly - Corporate Finance Tel: +44 (0) 20 7220
Tim Redfern / Richard Chambers - ECM 0500
Walbrook www.walbrookpr.com
Tom Cooper / Nicholas Marsden Tel: +44 (0) 20 7933
8780
Mob: +44 (0) 797 122
1972
STM@walbrookpr.com
Notes to editors:
STM is a multi-jurisdictional financial services group traded on
AIM, a market operated by the London Stock Exchange. The Group
specialises in the administration of client assets in relation to
retirement, estate and succession planning and wealth
structuring.
Today, the Group has operations in the UK, Gibraltar, Malta and
Spain. STM has developed a range of pension products for UK
nationals and internationally domiciled clients and has two
Gibraltar life assurance companies which provide life insurance
bonds - wrappers in which a variety of investments, including
investment funds, can be held.
STM's growth strategy is focussed on both organic initiatives
and strategic acquisitions.
Further information on STM Group can be found at
www.stmgroupplc.com
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END
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