TIDMSTB

RNS Number : 9819U

Secure Trust Bank PLC

31 March 2023

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

31 March 2023

For immediate release

Secure Trust Bank PLC ("the Company")

Grant of Awards under the Company's 2017 Deferred Bonus Plan

On 31 March 2023 the Company granted the following awards over ordinary shares under the 2017 Deferred Bonus Plan (the "DBP" or the "Plan") in respect of bonuses earned for the period ended 31 December 2022.

 
 PDMR               Number of ordinary shares 
                     subject to DBP award 
 David McCreadie    17,410 
                   -------------------------- 
 Rachel Lawrence    10,928 
                   -------------------------- 
 Nick Davies        3,149 
                   -------------------------- 
 John Bevan         4,375 
                   -------------------------- 
 Chris Harper       1,769 
                   -------------------------- 
 

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 2024 as regards one third of the shares subject to it; 
   --      on 25 April 2025 as regards one third of the shares subject to it; and 
   --      on 24 April 2026 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.

In total 39,953 share options with performance conditions were granted to participants in the DBP.

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        David McCreadie 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 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                Price(s)    Volume(s) 
       volume(s)                   Nil         17,410 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     31 March 2023 
     --------------------------  --------------------------------------- 
 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)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 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                Price(s)    Volume(s) 
       volume(s)                   Nil         10,928 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     31 March 2023 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        Nick Davies 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 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                Price(s)    Volume(s) 
       volume(s)                   Nil         3,149 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     31 March 2023 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        John Bevan 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 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                Price(s)    Volume(s) 
       volume(s)                   Nil         4,375 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     31 March 2023 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        Chris Harper 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 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                Price(s)    Volume(s) 
       volume(s)                   Nil         1,769 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     31 March 2023 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 

The person responsible for making this announcement is Mark Stevens.

Mark Stevens

Company Secretary

Secure Trust Bank PLC

+44 121 693 9100

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END

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