Secure Trust Bank PLC Additional Listing (3695W)
April 16 2019 - 6:43AM
UK Regulatory
TIDMSTB
RNS Number : 3695W
Secure Trust Bank PLC
16 April 2019
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
16 April 2019
Secure Trust Bank PLC ("Secure Trust" or the "Company")
Additional Listing
Application has been made to the UK Listing Authority and the
London Stock Exchange for a block listing of 140,000 ordinary
shares of 40 pence each in the Company ("Ordinary Shares") ("Block
Listing Shares") to be admitted to the Official List and to trading
on the London Stock Exchange ("Admission"). The Block Listing
Shares will rank on issue pari passu with the existing issued
Ordinary Shares.
The 140,000 Block Listing Shares are to be issued under the
following schemes:
Secure Trust Bank 2017 Sharesave Plan; 30,000
Secure Trust Bank 2017 Long-Term Incentive
Plan; and 40,000
Secure Trust Bank 2017 Deferred Bonus
Plan. 70,000
Admission is expected to occur on 23 April 2019.
Enquiries:
Secure Trust Bank PLC
Alan Karter, Company Secretary
Tel: 0121 693 9100
About the Company:
Secure Trust Bank is an established, well--funded and
capitalised UK retail bank with a 67 year trading track record.
Secure Trust Bank operates principally from its head office in
Solihull, West Midlands, and had 862 employees (full-- time
equivalent) as at 31 December 2018. The Group's diversified lending
portfolio currently focuses on two sectors:
(i) Business Finance through its Real Estate Finance, Asset
Finance and Commercial Finance divisions,
(ii) Consumer Finance through its Motor Finance and Retail Finance divisions
As at 31 December 2018 the Group's loans and advances to
customers totalled GBP2,028.9 million, customer deposits totalled
GBP1,847.7million and the Group's total customer base was well over
1 million.
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, One
Arleston Way, Solihull, B90 4LH.
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END
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