SECURE TRUST BANK PLC — Director's Dealing 2021

May 10, 2021

National Storage Mechanism | Additional information

RNS Number : 1297Y

Secure Trust Bank PLC

10 May 2021

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

10 May 2021

For immediate release

SECURE TRUST BANK PLC ("Secure Trust" or the "Company")

Lapse of Options

Secure Trust Bank (the "Company") announces that on 7 May 2021 the following individual, a PDMR of the Company, received a cash settlement in lieu of their share options granted in 2018 under the 2017 Long Term Incentive Scheme ("LTIP") at an exercise price of 40 pence ("Ordinary Shares"):

Participants.	Number of shares	Option Price
Nick Shepherd	235	40p per share

The cash settlement of the LTIP, calculated at the closing share price of 1190p on 6 May 2021 was used to determine the quantum of their award in exchange for the lapse of their share options detailed above.

There have been no changes to the total of 18,638,272 Ordinary Shares in issue, each carrying one voting right, (the "Share Capital") as a consequence of the above.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 and was authorized for release by the Disclosure Committee of the Company.

1

Details of the person discharging managerial responsibilities/person closely associated

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

Identification code

Ordinary shares of 40p each in Secure Trust Bank PLC

ISIN number GB00B6TKHP66

SEDOL number B6TKHP6

b)

Nature of the transaction

Cash settle and lapse of an option

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/a	235

d)

Aggregated Information

-      Aggregated volume

-      Price

N/A

e)

Date of the transaction

2021-05-07

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

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

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