Secure Trust Bank PLC Director/PDMR Shareholding (1297Y)
May 10 2021 - 10:33AM
UK Regulatory
TIDMSTB
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
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2 Reason for the notification
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a) Position/status PDMR
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b) Initial notification/Amendment Initial notification
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3 Details of the issuer
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a) Name Secure Trust Bank PLC
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b) LEI 213800CXIBLC2TMIGI76
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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
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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
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b) Nature of the transaction Cash settle and lapse of an
option
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c) Price(s) and volume(s) Price(s) Volume(s)
N/a 235
----------
---------------------------------------- ---------------------------------
d) Aggregated Information N/A
* Aggregated volume
* Price
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e) Date of the transaction 2021-05-07
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f) Place of the transaction outside of a trading venue
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5 Securities
-------------------------------------------------------------------------
(a) Type and class of securities Fully paid ordinary shares
of 40p each
ISIN number GB00B6TKHP66
SEDOL number B6TKHP6
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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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END
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