REG - Secure Trust BankPLC - Director/PDMR Shareholding
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RNS Number : 5444B Secure Trust Bank PLC 22 April 2026
Secure Trust Bank PLC
Secure Trust Bank PLC (the "Company" or the "Group")
Grant of awards under the Company's 2017 Long Term Incentive Plan ("LTIP") and
the Company's 2017 Deferred Bonus Plan ("DBP")
On 21 April 2026 the Company granted nil-cost options over ordinary shares of
40p each ("Ordinary Shares") under the LTIP to the following PDMRs:
PDMR Number of Ordinary Shares over which options granted
Ian Corfield 52,192
Rachel Lawrence 38,015
Andrew Phillips 21,929
Luke Jooste 13,421
James Appleby 7,309
Each option has been granted subject to performance conditions which will be
set by the Remuneration Committee in line with the disclosure provided in the
Directors Remuneration Report, within the Annual Report for the year ended 31
December 2025, which is available on the Company's website
(www.securetrustbank.com/investors (http://www.securetrustbank.com/investors)
). The performance conditions will also include an underpin measure which
includes an assessment of general financial performance, shareholder
experience, risk management performance and progress against the Group's
strategy. The performance period in each case is a period of three years
starting on 1 January 2026 and ending 31 December 2028.
Each option will, ordinarily, vest on the date on which the Company's
Remuneration Committee of the Board of Directors, determines the extent to
which the performance conditions have been satisfied or three years from the
date of grant. Each option will be released so that the participant is
entitled to exercise the vested Ordinary Shares on the vesting date, except in
the case of Ian Corfield and Rachel Lawrence when the date of release will be
at the end of a holding period which will end on the second anniversary of the
vesting date.
The number of shares under each option was set by reference to a value per
Ordinary Share of £13.68, which was the 3-day average mid-market price
determined between 17 April 2026 to 20 April 2026.
On 21 April 2026 the Company also granted the following awards over Ordinary
Shares under the DBP in respect of bonuses earned for the period ended 31
December 2025.
PDMR Number of Ordinary Shares subject to DBP award
Ian Corfield 6,045
Rachel Lawrence 9,410
Andrew Phillips 2,558
Each award has been granted in the form of a nil-cost Option and, subject to
the rules of the Plan, will normally vest on:
· on 21 April 2027 as regards one third of the shares subject to it;
· on 21 April 2028 as regards one third of the shares subject to it;
and
· on 21 April 2029 as regards one third of the shares subject to
it.
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Ian Corfield
2. Reason for the notification
a) Position / status Director
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 options over Ordinary Shares under the LTIP and Grant of
nil-cost options over Ordinary Shares under the DBP.
d) Price(s) and Price(s) Volume(s)
nil 52,192
volume(s) nil 6,045
e) Aggregated information
- Volume 58,237
- Price nil
f) Date of the transaction 21 April 2026
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
58,237
nil
f)
Date of the transaction
21 April 2026
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 Director
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 options over Ordinary Shares under the LTIP and Grant of
nil-cost options over Ordinary Shares under the DBP
d) Price(s) and Price(s) Volume(s)
nil 38,015
volume(s) nil 9,410
e) Aggregated information
- Volume 47,425
- Price nil
f) Date of the transaction 21 April 2026
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
47,425
nil
f)
Date of the transaction
21 April 2026
g)
Place of the transaction
Outside a trading venue
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Andrew Phillips
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 options over Ordinary Shares under the LTIP and Grant of
nil-cost options over Ordinary Shares under the DBP
d) Price(s) and Price(s) Volume(s)
nil 21,929
volume(s) nil 2,558
e) Aggregated information
- Volume 24,487
- Price nil
f) Date of the transaction 21 April 2026
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
24,487
nil
f)
Date of the transaction
21 April 2026
g)
Place of the transaction
Outside a trading venue
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Luke Jooste
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 options over Ordinary Shares under the LTIP
d) Price(s) and Price(s) Volume(s)
nil 13,421
volume(s)
e) Aggregated information N/A
- Volume
- Price
f) Date of the transaction 21 April 2026
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
21 April 2026
g)
Place of the transaction
Outside a trading venue
1. Details of PDMR / person closely associated with them ("PCA")
a) Name James Appleby
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 options over Ordinary Shares under the LTIP
d) Price(s) and Price(s) Volume(s)
nil 7,309
volume(s)
e) Aggregated information N/A
- Volume
- Price
f) Date of the transaction 21 April 2026
g) Place of the transaction Outside a trading venue
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
21 April 2026
g)
Place of the transaction
Outside a trading venue
Lisa Daniels
Company Secretary
Secure Trust Bank PLC
+44 121 693 9100
STB is an established, well‐funded and capitalised UK retail bank with a
more than 72‐year trading track record. STB operates principally from its
head office in Solihull, West Midlands. The Group's diversified lending
portfolio focuses on two lending sectors supported by a strong deposits
franchise:
(i) Business Finance through its Real Estate Finance and Commercial Finance
divisions; and
(ii) Consumer Finance through its V12 Retail Finance division.
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, Arleston Way, Solihull, B90
4LH.
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