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SECURE TRUST BANK PLC — Director's Dealing 2023
Nov 2, 2023
4895_dirs_2023-11-02_9a01b5b4-eae6-476e-9c50-34ae7631ab0f.html
Director's Dealing
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RNS Number : 2207S
Secure Trust Bank PLC
02 November 2023
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
SECURE TRUST BANK PLC
PDMR Shareholding
Secure Trust Bank PLC (the "Company") announces that on 1 November 2023 the following individuals, each PDMRs of the Company, exercised their respective options over shares, as per the below, under the 2017 Sharesave Plan ("SAYE") 2020 Grant at an exercise price of 531.2pence over a total of 6,776 ordinary shares of 40 pence each ("Ordinary Shares"):
| Date | Participants. | Number of shares | Option Price |
| 1 November 2023 | John Bevan | 3,388 | 531.2p |
| 1 November 2023 | Nicholas Davies | 3,388 | 531.2p |
John Bevan has sold all of the shares arising from the exercise of his SAYE option. Nicholas Davies has transferred his resulting shares to his spouse, who has subsequently sold all of the shares arising from the exercise.
1
Details of the person discharging managerial responsibilities/person closely associated
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
Identification code
Ordinary shares of 40p each in Secure Trust Bank PLC
ISIN number GB00B6TKHP66
SEDOL number B6TKHP6
b)
Nature of the transaction
Exercise and sale of an option
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £5.312 per share | 3,388 (exercise) |
| £6.039984 per share | 3,388 (sale) |
d)
Aggregated Information
- Aggregated volume
- Price
3,388
£5.675992 per share
e)
Date of the transaction
2023-11-01
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
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nicholas 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
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) |
| £5.312 per share | (exercise) |
d)
Aggregated Information
- Aggregated volume
- Price
3,388
£5.312 per share
e)
Date of the transaction
2023-11-01
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
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sheerine Davies
2
Reason for the notification
a)
Position/status
PCA of Nicholas Davies (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) |
| £6.02 per share | 3,388 (sale) |
d)
Aggregated Information
- Aggregated volume
- Price
3,388
£6.02 per share
e)
Date of the transaction
2023-11-01
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
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 71‐year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 873 employees (full‐time equivalent) as at 30 June 2023. The Group's diversified lending portfolio currently focuses on two sectors:
(i) Business finance through its Real Estate Finance and Commercial Finance divisions, and
(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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