REG - STM Group PLC - Change of Auditor

STMAnnouncement

09/11/2022 07:00

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RNS Number : 7424F  STM Group PLC  09 November 2022

 

 

 

9 November 2022

 

STM Group Plc

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

 

Change of Auditor

Following a competitive tender process overseen by the Group Audit & Risk
Committee, the Company announces the resignation of Deloitte LLP as auditor
and the appointment, with immediate effect, of Grant Thornton as auditor for
the financial year ending 31 December 2022. Grant Thornton's re-appointment
for the subsequent financial year will be subject to approval by shareholders
at the next Annual General Meeting of the Company to be held in 2023.

 

The Audit & Risk Committee decided to undertake a formal audit tender
process following the end of the last financial period, which represented the
fifth set of financial statements audited by Deloitte LLP. Deloitte LLP has
deposited with the Company a statement confirming that there are no matters to
be brought to the attention of the Company's members or creditors.

 

For further information, please contact:

 STM Group Plc
 Alan Kentish, Chief Executive Officer            Via Walbrook PR

 Therese Neish, Interim Chief Financial Officer   www.stmgroupplc.com (http://www.stmgroupplc.com)

 FinnCap                                          www.finncap.com (http://www.finncap.com)
 Matt Goode / Emily Watts - Corporate Finance     Tel: +44 (0) 20 7220 0500

 Tim Redfern / Richard Chambers - ECM

 Walbrook                                         www.walbrookpr.com (http://www.walbrookpr.com)
 Tom Cooper / Joseph Walker                       Tel: +44 (0) 20 7933 8780
                                                  Mob: +44 (http://www.abchurch-group.com) (0) 797 122 1972
                                                  STM@walbrookpr.com (mailto:STM@walbrookpr.com)

 

 

Notes to editors:

The external audit will be managed by Grant Thornton Ireland, utilising its
international network of member firms.

 

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, Australia 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 focused on both organic initiatives and strategic
acquisitions.

 

Further information on STM Group can be found at www.stmgroupplc.com
(https://urldefense.proofpoint.com/v2/url?u=http-3A__www.stmgroupplc.com&d=DwMGaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=05PHl3GHdShYuaCii2fBRpoqaNr9B1d97X09daeosu0&m=PU7KD9-tYowY3PC9sXem4PQSmJ-Zm8TJB2ox4M8NHwI&s=39Vvq5Ccz7txaqksRCl4B8zUxhpd6elnqEy0XmTed50&e=)

 

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