REG - Secure Trust BankPLC - Director/PDMR Shareholding
31/03/2023 14:00
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RNS Number : 9819U Secure Trust Bank PLC 31 March 2023
PRESS RELEASE
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
31 March 2023
For immediate release
Secure Trust Bank PLC ("the Company")
Grant of Awards under the Company's 2017 Deferred Bonus Plan
On 31 March 2023 the Company granted the following awards over ordinary shares
under the 2017 Deferred Bonus Plan (the "DBP" or the "Plan") in respect of
bonuses earned for the period ended 31 December 2022.
PDMR Number of ordinary shares subject to DBP award
David McCreadie 17,410
Rachel Lawrence 10,928
Nick Davies 3,149
John Bevan 4,375
Chris Harper 1,769
Each award has been granted in the form of an Option with an exercise price
per Share equal to the nominal value of a share and, subject to the rules of
the Plan will vest:
· on 26 April 2024 as regards one third of the shares subject to
it;
· on 25 April 2025 as regards one third of the shares subject to
it; and
· on 24 April 2026 as regards one third of the shares subject to
it.
In accordance with the terms of the awards, the exercise price payable may be
waived before exercise.
In total 39,953 share options with performance conditions were granted to
participants in the DBP.
1. Details of PDMR / person closely associated with them ("PCA")
a) Name David McCreadie
2. Reason for the notification
a) Position / status PDMR
b) Initial notification / amendment Initial notification
3. Details of the issuer
a) Name Secure Trust Bank PLC
b) LEI 213800CXIBLC2TMIGI76
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 40p each in Secure Trust Bank PLC.
b) Identification code GB00B6TKHP66
c) Nature of the transaction Grant of nil-cost option over ordinary shares under the Secure Trust Bank 2017
Deferred Bonus Plan.
d) Price(s) and Price(s) Volume(s)
Nil 17,410
volume(s)
e) Aggregated information N/A
- Volume
- Price
f) Date of the transaction 31 March 2023
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
31 March 2023
g)
Place of the transaction
Outside a trading venue
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Rachel Lawrence
2. Reason for the notification
a) Position / status PDMR
b) Initial notification / amendment Initial notification
3. Details of the issuer
a) Name Secure Trust Bank PLC
b) LEI 213800CXIBLC2TMIGI76
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 40p each in Secure Trust Bank PLC.
b) Identification code GB00B6TKHP66
c) Nature of the transaction Grant of nil-cost option over ordinary shares under the Secure Trust Bank 2017
Deferred Bonus Plan.
d) Price(s) and Price(s) Volume(s)
Nil 10,928
volume(s)
e) Aggregated information N/A
- Volume
- Price
f) Date of the transaction 31 March 2023
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
31 March 2023
g)
Place of the transaction
Outside a trading venue
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Nick Davies
2. Reason for the notification
a) Position / status PDMR
b) Initial notification / amendment Initial notification
3. Details of the issuer
a) Name Secure Trust Bank PLC
b) LEI 213800CXIBLC2TMIGI76
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 40p each in Secure Trust Bank PLC.
b) Identification code GB00B6TKHP66
c) Nature of the transaction Grant of nil-cost option over ordinary shares under the Secure Trust Bank 2017
Deferred Bonus Plan.
d) Price(s) and Price(s) Volume(s)
Nil 3,149
volume(s)
e) Aggregated information N/A
- Volume
- Price
f) Date of the transaction 31 March 2023
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
31 March 2023
g)
Place of the transaction
Outside a trading venue
1. Details of PDMR / person closely associated with them ("PCA")
a) Name John Bevan
2. Reason for the notification
a) Position / status PDMR
b) Initial notification / amendment Initial notification
3. Details of the issuer
a) Name Secure Trust Bank PLC
b) LEI 213800CXIBLC2TMIGI76
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 40p each in Secure Trust Bank PLC.
b) Identification code GB00B6TKHP66
c) Nature of the transaction Grant of nil-cost option over ordinary shares under the Secure Trust Bank 2017
Deferred Bonus Plan.
d) Price(s) and Price(s) Volume(s)
Nil 4,375
volume(s)
e) Aggregated information N/A
- Volume
- Price
f) Date of the transaction 31 March 2023
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
31 March 2023
g)
Place of the transaction
Outside a trading venue
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Chris Harper
2. Reason for the notification
a) Position / status PDMR
b) Initial notification / amendment Initial notification
3. Details of the issuer
a) Name Secure Trust Bank PLC
b) LEI 213800CXIBLC2TMIGI76
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of 40p each in Secure Trust Bank PLC.
b) Identification code GB00B6TKHP66
c) Nature of the transaction Grant of nil-cost option over ordinary shares under the Secure Trust Bank 2017
Deferred Bonus Plan.
d) Price(s) and Price(s) Volume(s)
Nil 1,769
volume(s)
e) Aggregated information N/A
- Volume
- Price
f) Date of the transaction 31 March 2023
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
31 March 2023
g)
Place of the transaction
Outside a trading venue
The person responsible for making this announcement is Mark Stevens.
Mark Stevens
Company Secretary
Secure Trust Bank PLC
+44 121 693 9100
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