STM Group PLC Directorate Change (4056X)
August 10 2018 - 1:00AM
UK Regulatory
TIDMSTM
RNS Number : 4056X
STM Group PLC
10 August 2018
STM Group Plc
("STM", the "Company" or the "Group")
Non-Executive Director Appointment
STM Group Plc (AIM: STM), the cross border financial services
provider, is pleased to announce the appointment of Graham
Kettleborough as an Independent Non-Executive Director, with
immediate effect.
Graham is a highly experienced financial services professional
and is well known in the life and pensions sector, having been
Chief Executive Officer of Chesnara Plc, a London Stock Exchange
listed business, during the period from 2004 to 2014. Graham was
instrumental in building the life and pensions consolidator into a
respected sector performer, delivering significant shareholder
value. In addition, he has strong experience in corporate
governance, acquisitions and business transformation
activities.
In addition to the above appointment, the Board is in the final
stages of appointing a new Chairman and looks forward to updating
the market in due course.
Commenting on the Board appointment Robin Ellison, interim
chairman, said: "I am very pleased to welcome Graham to the Board
and look forward to his contribution given his extensive experience
and knowledge of both the life assurance and pensions sectors.
"Graham's appointment comes at an exciting time for the
business, with plans for both a diversification of our product
range as well as seeking opportunistic acquisitions. Invariably his
depth of experience will also ensure that STM continues to build on
its corporate governance and regulatory framework."
Graham Kettleborough added: "I am excited to be joining STM at a
time when opportunities appear to be abundant. STM has demonstrated
its ability to be innovative and resilient when faced with rapid
changes to its marketplace, and I now hope to bring my experience
of growing financial services based businesses into play, to help
the existing Board grow the business for both shareholders and
stakeholders."
The following details in relation to the appointment of Mr
Kettleborough are disclosed in accordance with Schedule 2(g) and
Rule 17 of the AIM Rules for Companies:
Director's full name: Graham Leslie Kettleborough
Director's age: 61 years
Current directorships Past directorships held within
the last five years
Chesnara PLC
Countrywide Assured PLC
Countrywide Assured Trustee Company
Limited
Countrywide Assured Life Holdings
Limited
Protection Life Company Limited
Countrywide Assured Services
Limited
Bettie Ralph Limited
Graham has no shareholding in the Company.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
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 Tel: +44 (0) 20 7220 0500
Finance
Tim Redfern / Richard Chambers -
ECM
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.
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 rns@lseg.com or visit www.rns.com.
END
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