Secure Trust Bank PLC Issue of Equity (4351U)
November 25 2019 - 2:05AM
UK Regulatory
TIDMSTB
RNS Number : 4351U
Secure Trust Bank PLC
25 November 2019
PRESS RELEASE
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
25 November 2019
For immediate release
SECURE TRUST BANK PLC
Issue of Shares
On 22 November 2019 Secure Trust Bank PLC (the "Company") issued
from its block listing authority 872 new Ordinary shares of 40p
each at a price of 1,318 pence per share to satisfy the exercise of
an option under the 2017 Sharesave scheme. These shares rank pari
passu with the existing Ordinary shares in issue.
As a result of this issuance, the total number of Ordinary
shares in issue is 18,477,500 and the total number of voting rights
in the Company is 18,477,500. There are no shares held in
treasury.
This figure (18,477,500) may be used by shareholders as the
denominator for the calculation by which they may determine if they
are required to notify their interest in, or change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
M P D Stevens
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 956 employees (full-- time
equivalent) as at 30 June 2019. 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, Retail Finance,
Debt Management and Consumer Mortgages divisions
As at 30 June 2019 the Group's loans and advances to customers
totalled GBP2,278.3 million, customer deposits totalled GBP2,001.5
million and the Group's total customer base was well over 1.4
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.
www.securetrustbank.com
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END
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