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SECURE TRUST BANK PLC — Director's Dealing 2019
Apr 26, 2019
4895_dirs_2019-04-26_6eb008ef-5b66-4e48-bf65-d237e7b0cc9f.html
Director's Dealing
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RNS Number : 1621X
Secure Trust Bank PLC
26 April 2019
Secure Trust Bank PLC
26 April 2019
Secure Trust Bank PLC (the "Company")
Grant of awards under the Company's 2017 Long Term Incentive Plan ("LTIP")
On 25 April 2019 Secure Trust Bank PLC granted awards over ordinary shares ("Ordinary Shares") under the LTIP to the following PDMRs:
| PDMR | Number of Ordinary Shares over which award granted | Exercise price* |
| Paul Lynam | 38,338 | £0.40 per Ordinary Share |
| Neeraj Kapur | 15,974 | £0.40 per Ordinary Share |
| Kevin Hayes | 7,987 | £0.40 per Ordinary Share |
| David Nield | 7,987 | £0.40 per Ordinary Share |
| Jon Bowers | 6,389 | £0.40 per Ordinary Share |
| Anne McKenning | 3,833 | £0.40 per Ordinary Share |
| Roy Aston | 3,194 | £0.40 per Ordinary Share |
| Adrian Walters | 3,194 | £0.40 per Ordinary Share |
| Paul Kilbride | 1,277 | £0.40 per Ordinary Share |
| Nick Davies | 7,987 | £0.40 per Ordinary Share |
| Nick Shepherd | 2,555 | £0.40 per Ordinary Share |
| Matt Talty | 1,277 | £0.40 per Ordinary Share |
| Alan Karter | 5,750 | £0.40 per Ordinary Share |
| David Mercer | 5,910 | £0.40 per Ordinary Share |
*In accordance with the terms of the awards, the exercise price payable may be waived before exercise.
Each award has been granted subject to performance conditions based on: (1) compound annual growth in Earnings Per Share over a three year performance period starting with 2019 (as regards 40% of the Ordinary Shares subject to the award); (2) the Company's total shareholder return over that performance period relative to the TSRs of a group of comparator companies (as regards 40% of the Ordinary Shares subject to the award); and (3) an assessment of the Company's approach to risk management over the performance period (as regards 20% of the Ordinary Shares subject to the award).
Each award will, ordinarily, vest on the date on which the Company's board of directors determines the extent to which the performance conditions have been satisfied. Each award will be released so that the participant is entitled to acquire the vested Ordinary Shares on the vesting date except in the case of Paul Lynam and Neeraj Kapur when the date of release will be at the end of a holding period which shall end on the second anniversary of the vesting date.
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Paul Lynam
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 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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 38,338 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Neeraj Kapur
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 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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 15,974 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Kevin Hayes
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 7,987 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
David Nield
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 7,987 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Jon Bowers
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 6,389 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Anne McKenning
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 3,833 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Roy Aston
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 3,194 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Adrian Walters
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 3,194 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Paul Kilbride
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 1,277 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
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)
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 7,987 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Nick Shepherd
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 2,555 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Matthew Talty
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 1,277 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Alan Karter
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 5,750 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
David Mercer
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 Long Term Incentive Plan
d)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| Nil | 5,910 |
e)
Aggregated information
- Volume
- Price
N/A
f)
Date of the transaction
25 April 2019
g)
Place of the transaction
Outside a trading venue
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 [email protected] or visit www.rns.com.
END
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