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RNS Number : 7466T Secure Trust Bank PLC 17 November 2023
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
SECURE TRUST BANK PLC
Exercise of Options
Secure Trust Bank PLC (the "Company") announces that on 16 November 2023 the
following individual, a PDMR of the Company, exercised his option over shares
under the 2017 Long term Incentive Plan ("LTIP") over a total of 1,675
ordinary shares of 40 pence each ("Ordinary Shares"):
Date Participants. Number of shares Option Price
16 November 2023 John Bevan 1,675 £0.40 per share
John Bevan sold all the shares arising from the exercise of his LTIP option. A
further 8 individuals, not PDMRs of the Company, have also exercised their
respective options over shares under the LTIP. All exercises were satisfied
using market purchase shares held in the Group's Employee Benefit Trust.
1 Details of the person discharging managerial responsibilities/person closely
associated
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
Identification code ISIN number GB00B6TKHP66
SEDOL number B6TKHP6
b) Nature of the transaction Exercise and sale of an option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.40 per share 1,675 (exercise)
£6.43 per share 1,675 (sale)
d) Aggregated Information
- Aggregated volume 3350
- Price £3.415 per share
e) Date of the transaction 2023-11-16
f) Place of the transaction London Stock Exchange
5 Securities
(a) Type and class of securities Fully paid ordinary shares of 40p each
ISIN number GB00B6TKHP66
SEDOL number B6TKHP6
d)
Aggregated Information
- Aggregated volume
- Price
3350
£3.415 per share
e)
Date of the transaction
2023-11-16
f)
Place of the transaction
London Stock Exchange
5
Securities
(a)
Type and class of securities
Fully paid ordinary shares of 40p each
ISIN number GB00B6TKHP66
SEDOL number B6TKHP6
Enquiries:
Secure Trust Bank PLC
Mark Stevens, Company Secretary
Tel: 0121 693 9100
About the Company:
Secure Trust Bank is an established, well‐funded and capitalised UK retail
bank with a 71‐year trading track record. Secure Trust Bank operates
principally from its head office in Solihull, West Midlands, and had 858
employees (full‐time equivalent) as at 30 September 2023. The Group's
diversified lending portfolio currently focuses on two sectors:
(i) Business finance through its Real Estate Finance and
Commercial Finance divisions, and
(ii) Consumer finance through its Vehicle Finance and
Retail Finance divisions.
Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and
regulated by the Financial Conduct Authority and the Prudential Regulation
Authority.
Secure Trust Bank PLC, Yorke House, One Arleston Way, Solihull, B90 4LH.
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