TIDMSTB

RNS Number : 2660Y

Secure Trust Bank PLC

07 September 2020

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

7 September 2020

For immediate release

SECURE TRUST BANK PLC

Notification of Dealing (PDMRs and PCAs)

Secure Trust Bank PLC, announces it was notified on 7 September 2020 that Mr Paul Myers, a PDMR of the Company, purchased 2,000 ordinary shares of 40p each in Secure Trust Bank PLC for a consideration of GBP6.25 per share. The shares were purchased via Standard Life SIPP, which Paul Myers is a beneficiary of.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                     Paul Myers 
      ---------------------------------------  ---------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------- 
 a)    Position/status                          Director (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             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                Purchase 
      ---------------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s)                    Price(s)       Volume(s) 
                                                  GBP6.25 per 
                                                   share         2,000 
                                                                ---------- 
      ---------------------------------------  ---------------------------------- 
 d)         Aggregated Information 
              *    Aggregated volume              2,000 
                                                  GBP6.25 per share 
 
              *    Price 
      ---------------------------------------  ---------------------------------- 
 e)    Date of the transaction                  2020-09-07 
      ---------------------------------------  ---------------------------------- 
 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 
        ---------------------------------------  -------------------------------- 
 
 
 
 Date of Notification:   07 September 2020 
 

Enquiries:

Secure Trust Bank PLC

Paul Lynam, Chief Executive Officer

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 68 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 972 employees (full-- time equivalent) as at 30 June 2020. The Group's diversified lending portfolio currently focuses on two sectors:

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

(ii) Consumer Finance through its Motor Finance, Retail Finance, Debt Collection and Consumer Mortgages divisions

As at 30 June 2020 the Group's loans and advances to customers totalled GBP2,377.5 million, customer deposits totalled GBP1,999.2 million and the Group's total customer base was well over 1.6 million.

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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END

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September 07, 2020 11:19 ET (15:19 GMT)

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