REG - Secure Trust BankPLC - Total Voting Rights

Secure Trust BankAnnouncement

01/09/2022 15:15

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RNS Number : 9317X  Secure Trust Bank PLC  01 September 2022

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

1 September 2022

For immediate release

 

 

Secure Trust Bank PLC ("Secure Trust" or the "Company")

Total Voting Rights and Capital

 

In accordance with Disclosure Guidance and Transparency Rule 5.6.1, the
Company notifies the market of the following:

As at 31 August 2022, the Company's issued share capital consists of
18,688,238 Ordinary shares of 40p each.  There are no shares held in
treasury.

Therefore, the total number of voting rights in the Company is 18,688,238
which may be used by shareholders as the denominator for the calculation by
which they may determine if they are required to notify their interest in, or
change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

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 70 year trading track record. Secure Trust Bank operates
principally from its head office in Solihull, West Midlands, and had an
average of 983 employees (full‐ time equivalent) as at 30 June 2022. The
Group's diversified lending portfolio currently focuses on two sectors:

(i)            Business Finance through its Real Estate Finance and
Commercial Finance divisions,

(ii)           Consumer Finance through its Vehicle Finance and
Retail Finance divisions.

 

As at 30 June 2022 the Group's loans and advances to customers totalled
£2,751.2 million, customer deposits totalled £2,290.9 million and the
Group's total customer base was over 1.5 million customers. As these figures
are as at 30 June 2022, they include approximately 200 employees and 0.5
million customers which relate to Debt Managers (Services) Ltd (DMS). DMS sold
its loan portfolio in the first half of 2022 and expects, in the second half
of 2022, to migrate its customers and transfer its employees to the purchaser
of the portfolio.

 

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, One Arleston Way, Solihull, B90 4LH.

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