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STM chief executive released from bail, shares resume trading

By International Adviser, 14 Nov 17

STM Group chief executive Alan Kentish, has been released from police bail in Gibraltar without charge, while simultaneously STM subsidiaries have come under regulatory scrutiny.

ETF bonanza extends despite market turbulence

Stock market graph and bar chart price display. Data on live computer screen. Display of quotes pricing graph visualization. Abstract financial background trade colorful Stock exchange trade chart bar candles macro close-up. Shallow depth of field effect. Screen shows stock price rates live. Stock market quotes diagram on monitor.

The board of STM remains fully supportive of Kentish and has been advised that the documentation lodged to support the judicial review “robustly defends that there is no merit to these allegations”.

STM said Kentish “continues to cooperate fully with the RGP whilst they conclude their investigation”.

No date for this hearing has been set.

 

 

 

 

 

 

 

 

Pages: Page 1, Page 2

Tags: Alan Kentish | Gibraltar | STM Group

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.