RNS Number : 4536D
Secure Trust Bank PLC
16 February 2024
 

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

 

SECURE TRUST BANK PLC

 

Exercise of Options

 

Secure Trust Bank PLC (the "Company") announces that on 15 February 2024 the following individual, a PDMR of the Company, exercised his option over shares under the 2017 Deferred Benefit Plan ("DBP") over a total of 3,773 ordinary shares of 40 pence each ("Ordinary Shares"):

 

Date

Participants.

Number of shares

Option Price

15 February 2024

Chris Harper

3,773

£0.40 per share

 

Chris Harper sold sufficient shares, arising from the exercise of the DBP options, to cover his tax and national insurance liabilities.

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Chris Harper

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

Identification code

Ordinary shares of 40p each in Secure Trust Bank PLC

ISIN number GB00B6TKHP66

SEDOL number B6TKHP6

b)

Nature of the transaction

Exercise of an option

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.40 per share

3,773 (exercise)


d)

Aggregated Information

-      Aggregated volume

-      Price

 

3,773

£0.40 per share

e)

Date of the transaction

2024-02-15

f)

Place of the transaction

Outside of a trading venue

5

Securities

(a)

Type and class of securities

Fully paid ordinary shares of 40p each

ISIN number GB00B6TKHP66

SEDOL number B6TKHP6

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Chris Harper

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

Identification code

Ordinary shares of 40p each in Secure Trust Bank PLC

ISIN number GB00B6TKHP66

SEDOL number B6TKHP6

b)

Nature of the transaction

sale of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£7.35 per share

1,883 (sale)


d)

Aggregated Information

-      Aggregated volume

-      Price

 

1,883

£7.35 per share

e)

Date of the transaction

2024-02-15

f)

Place of the transaction

London Stock Exchange

5

Securities

(a)

Type and class of securities

Fully paid ordinary shares of 40p each

ISIN number GB00B6TKHP66

SEDOL number B6TKHP6

 

 

Enquiries:

 

Secure Trust Bank PLC

Charles Mayo, Company Secretary

Tel: 0121 693 9100

 

About STB

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with a 71 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 868 employees (full‐ time equivalent) as at 31 December 2023. 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.

 

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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