STM Group drops on slow H1 trading; chairman to step down

STM

04/08/2022 11:27

** Shares of financial services provider STM Group  STMG.L 
drop 8.3% to 22.75p
    ** Co says trading in first half of the year has been slower
than anticipated  urn:newsml:reuters.com:*:nRSD8516Ua
    ** Adds Duncan Crocker to step down as chairman
    ** CFO Nicole Coll had resigned on June 8
    ** Stock will post its biggest intra-day loss since Nov
2021, if losses hold


 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com;))