SECURE TRUST BANK PLC — Director's Dealing 2023

Mar 31, 2023

National Storage Mechanism | Additional information

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)

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 Deferred Bonus Plan.

d)

Price(s) and

volume(s)

Price(s)	Volume(s)
Nil	17,410

e)

Aggregated information

-     Volume

-     Price

N/A

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)

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 Deferred Bonus Plan.

d)

Price(s) and

volume(s)

Price(s)	Volume(s)
Nil	10,928

e)

Aggregated information

-     Volume

-     Price

N/A

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)

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 Deferred Bonus Plan.

d)

Price(s) and

volume(s)

Price(s)	Volume(s)
Nil	3,149

e)

Aggregated information

-     Volume

-     Price

N/A

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)

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 Deferred Bonus Plan.

d)

Price(s) and

volume(s)

Price(s)	Volume(s)
Nil	4,375

e)

Aggregated information

-     Volume

-     Price

N/A

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)

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 Deferred Bonus Plan.

d)

Price(s) and

volume(s)

Price(s)	Volume(s)
Nil	1,769

e)

Aggregated information

-     Volume

-     Price

N/A

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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