REG - Secure Trust BankPLC - Director/PDMR Shareholding
RNS Number : 6458WSecure Trust Bank PLC27 April 2021PRESS RELEASE
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
27 April 2021
For immediate release
Secure Trust Bank PLC ("the Company")
Grant of Awards under the Company's 2017 Deferred Bonus Plan
On 26 April 2021 the Company granted the following awards over ordinary shares under the 2017 Deferred Bonus Plan (the "Plan") in respect of bonuses earned for the period ended 31 December 2020.
PDMR
Number of ordinary shares subject to DBP award
Nick Davies
1,702
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 2022 as regards one third of the shares subject to it;
· 26 April 2023 as regards one third of the shares subject to it; and
· 26 April 2024 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.
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
volume(s)
Price(s)
Volume(s)
Nil
1,702
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
26 April 2021
g)
Place of the transaction
Outside a trading venue
M Stevens
Company Secretary
Secure Trust Bank PLC
+44 121 693 9100
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