STM Group (STM)

Sector:

Financials

Index:

FTSE AIM All-Share

 57.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 60.00p
  • 52 Week Low: 24.50p
  • Currency: UK Pounds
  • Shares Issued: 59.41m
  • Volume: 2,158
  • Market Cap: £34.16m
  • RiskGrade: 217

STM agrees in principle to potential 70p-a-share takeover

By Michele Maatouk

Date: Tuesday 11 Jul 2023

LONDON (ShareCast) - (Sharecast News) - STM Group said on Tuesday that it had agreed in principle with Pension SuperFund Capital on the key terms of a possible 70p-a-share cash offer, sending shares in the AIM-listed financial services provider surging.
"The board of STM Group has confirmed to Pension SuperFund Capital that, should a firm offer be made on the financial terms of the possible offer, it would be minded to recommend it unanimously to STM Group's shareholders," the company said.

However, it also noted that talks are at a "very early" stage and said there can be no certainty that any offer will ultimately be made.

STM has granted Pension SuperFund Capital access to due diligence materials.

At 0920 BST, the shares were up 64% at 54.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

STM Group Market Data

Currency UK Pounds
Share Price 57.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 60.00p
52 Week Low 24.50p
Volume 2,158
Shares Issued 59.41m
Market Cap £34.16m
RiskGrade 217

STM Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.27% above the market average7.27% above the market average7.27% above the market average7.27% above the market average7.27% above the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
92.38% above the market average92.38% above the market average92.38% above the market average92.38% above the market average92.38% above the market average
89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average
Income
44.01% below the market average44.01% below the market average44.01% below the market average44.01% below the market average44.01% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Growth
89.76% below the market average89.76% below the market average89.76% below the market average89.76% below the market average89.76% below the market average
83.02% below the sector average83.02% below the sector average83.02% below the sector average83.02% below the sector average83.02% below the sector average

STM Group Dividends

  Latest Previous
  Final Interim
Ex-Div 31-Aug-23 20-Oct-22
Paid 19-Sep-23 16-Nov-22
Amount 0.60p 0.60p

Trades for 01-Mar-2024

Time Volume / Share Price
08:44 1,795 @ 56.25p
08:00 363 @ 57.99p

STM Group Key Personnel

CEO Alan Roy Kentish

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