Secure Trust Bank PLC Director/PDMR Shareholding

Date : 04/25/2019 @ 10:42AM
Source : UK Regulatory (RNS & others)
Stock : Secure Trust Bank Plc (STB)
Quote : 1400.0  0.0 (0.00%) @ 1:00AM
Secure Trust Bank share price Chart

Secure Trust Bank PLC Director/PDMR Shareholding

Secure Trust Bank (LSE:STB)
Historical Stock Chart

6 Months : From Apr 2019 to Oct 2019

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TIDMSTB

RNS Number : 1031X

Secure Trust Bank PLC

25 April 2019

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

25 April 2019

For immediate release

SECURE TRUST BANK PLC

Notification of Dealing (PDMRs and PCAs)

Secure Trust Bank PLC, announces it was notified on 24 April 2019 that Mr Neeraj Kapur, a PDMR of the Company, exercised an option over 1,399 ordinary shares of 40p each in Secure Trust Bank PLC for a consideration of 40p per share. The shares were allotted from its Block Listing authority. The Shares were issued into a nominee account held by a person closely associated.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                      Neeraj Kapur and Rachel Kapur 
                                                  (PCA) 
      ----------------------------------------  --------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------- 
 a)    Position/status                           Director (PDMR) 
                                                  PCA 
      ----------------------------------------  --------------------------------- 
 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              Ordinary shares of 40p each 
       instrument, type of instrument             in Secure Trust Bank PLC 
       Identification code                        ISIN number GB00B6TKHP66 
                                                  SEDOL number B6TKHP6 
      ----------------------------------------  --------------------------------- 
 b)    Nature of the transaction                 Purchase 
      ----------------------------------------  --------------------------------- 
 c)    Price(s) and volume(s)                     Price(s)       Volume(s) 
                                                   GBP0.40 per 
                                                    share         1,399 
                                                                 ---------- 
      ----------------------------------------  --------------------------------- 
 d)         Aggregated Information 
              *    Aggregated volume               1,399 
                                                   GBP0.40 per share 
 
              *    Price 
      ----------------------------------------  --------------------------------- 
 e)    Date of the transaction                   2019-04-24 
      ----------------------------------------  --------------------------------- 
 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 
        ----------------------------------------  ------------------------------- 
 
 
 
 Date of Notification:   25 April 2019 
 

A J Karter

Company Secretary

Secure Trust Bank PLC

+44 121 693 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:

Business Finance through its Real Estate Finance, Asset Finance and Commercial Finance divisions,

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 25, 2019 05:42 ET (09:42 GMT)

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