STM Group PLC Trading Update & Notice of Results (3960E)
February 28 2020 - 1:00AM
UK Regulatory
TIDMSTM
RNS Number : 3960E
STM Group PLC
28 February 2020
STM Group Plc
("STM", the "Group")
Trading Update & Notice of Results
STM, the cross border financial services provider, expects to
announce results for the 12 months to 31 December 2019 on Tuesday
24 March 2020.
In line with existing guidance provided in the trading update on
27 November 2019 STM expects to report 2019 Revenues of
approximately GBP23.0m, reported PBT of approximately GBP3.8m, with
Underlying PBT* of approximately GBP2.5m.
*Underlying PBT is profit before tax net of non-recurring costs
and other exceptional items including bargain purchase gains and
technical reserve releases that do not form part of the normal
course of business.
For further information, please contact:
STM Group Plc
Alan Kentish, Chief Executive Officer Via Walbrook PR
Therese Neish, Chief Financial Officer www.stmgroupplc.com
FinnCap www.finncap.com
Matt Goode / Simon Hicks - Corporate Finance Tel: +44 (0) 20 7220
Tim Redfern / Richard Chambers - ECM 0500
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 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 SIPPs, Qualifying Recognised
Overseas Pension Schemes (QROPS), Qualifying Non UK Pension Schemes
(QNUPS). STM 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
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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