TIDMSTB

RNS Number : 6745W

Secure Trust Bank PLC

19 August 2022

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

19 August 2022

For immediate release

SECURE TRUST BANK PLC

PDMR Shareholding - Sale of Shares

Secure Trust Bank PLC (the "Company") announces that, following the announcement on 15 August 2022 which detailed the exercise of options for the below PDMRs, the accompanying sales of Ordinary Shares have concluded at an average price of 1,014.78p per share.

 
 Participants    Number of shares 
 Nick Davies     9,455 
                ----------------- 
 John Bevan      1,516 
                ----------------- 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                     Nick Davies 
      ---------------------------------------  ---------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------- 
 a)    Position/status                          PDMR 
      ---------------------------------------  ---------------------------------- 
 b)    Initial notification/Amendment           Initial notification 
      ---------------------------------------  ---------------------------------- 
       Details of the issuer 
  3 
      --------------------------------------------------------------------------- 
 a)    Name                                     Secure Trust Bank PLC 
      ---------------------------------------  ---------------------------------- 
 b)    LEI                                      213800CXIBLC2TMIGI76 
      ---------------------------------------  ---------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4     (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             Ordinary shares of 40p each 
        instrument, type of instrument           in Secure Trust Bank PLC 
        Identification code                      ISIN number GB00B6TKHP66 
                                                 SEDOL number B6TKHP6 
      ---------------------------------------  ---------------------------------- 
 b)    Nature of the transaction                Sale of shares resulting from 
                                                 a cashless exercise of Options 
      ---------------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s)                    Price(s)   Volume(s) 
                                                  1014.78p   9,455 
                                                            ---------- 
      ---------------------------------------  ---------------------------------- 
 d)         Aggregated Information              9,455 
              *    Aggregated volume             1014.78p per share 
 
 
              *    Price 
      ---------------------------------------  ---------------------------------- 
 e)    Date of the transaction                  18 August 2022 
      ---------------------------------------  ---------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ---------------------------------- 
         Securities 
  5 
        ------------------------------------------------------------------------- 
 (a)     Type and class of securities             Fully paid ordinary shares 
                                                   of 40p each 
                                                   ISIN number GB00B6TKHP66 
                                                   SEDOL number B6TKHP6 
        ---------------------------------------  -------------------------------- 
 
 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                     John Bevan 
      ---------------------------------------  ---------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------- 
 a)    Position/status                          PDMR 
      ---------------------------------------  ---------------------------------- 
 b)    Initial notification/Amendment           Initial notification 
      ---------------------------------------  ---------------------------------- 
       Details of the issuer 
  3 
      --------------------------------------------------------------------------- 
 a)    Name                                     Secure Trust Bank PLC 
      ---------------------------------------  ---------------------------------- 
 b)    LEI                                      213800CXIBLC2TMIGI76 
      ---------------------------------------  ---------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4     (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             Ordinary shares of 40p each 
        instrument, type of instrument           in Secure Trust Bank PLC 
        Identification code                      ISIN number GB00B6TKHP66 
                                                 SEDOL number B6TKHP6 
      ---------------------------------------  ---------------------------------- 
 b)    Nature of the transaction                Sale of shares resulting from 
                                                 a cashless exercise of Options 
      ---------------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s)                    Price(s)   Volume(s) 
                                                  1014.78p   1,516 
                                                            ---------- 
      ---------------------------------------  ---------------------------------- 
 d)         Aggregated Information              1,516 
              *    Aggregated volume             1014.78p per share 
 
 
              *    Price 
      ---------------------------------------  ---------------------------------- 
 e)    Date of the transaction                  18 August 2022 
      ---------------------------------------  ---------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ---------------------------------- 
         Securities 
  5 
        ------------------------------------------------------------------------- 
 (a)     Type and class of securities             Fully paid ordinary shares 
                                                   of 40p each 
                                                   ISIN number GB00B6TKHP66 
                                                   SEDOL number B6TKHP6 
        ---------------------------------------  -------------------------------- 
 
 

Enquiries:

Mark Stevens

Company Secretary

Secure Trust Bank PLC

+44 121 693 9100

Stifel Nicolaus Europe Limited (Joint Broker)

Stewart Wallace

Tel: 020 7710 7600

Canaccord Genuity Limited (Joint Broker)

David Tyrrell

Tel: 020 7523 8000

Tulchan Communications

Tom Murray/Sheebani Chothani

Tel: 020 7353 4200

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 GBP2,751.2 million, customer deposits totalled GBP2,290.9 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBLGDIRGBDGDC

(END) Dow Jones Newswires

August 19, 2022 12:09 ET (16:09 GMT)

Grafico Azioni Secure Trust Bank (LSE:STB)
Storico
Da Nov 2022 a Dic 2022 Clicca qui per i Grafici di Secure Trust Bank
Grafico Azioni Secure Trust Bank (LSE:STB)
Storico
Da Dic 2021 a Dic 2022 Clicca qui per i Grafici di Secure Trust Bank