TIDMSTB

RNS Number : 1624X

Secure Trust Bank PLC

26 April 2019

Secure Trust Bank PLC

26 April 2019

Secure Trust Bank PLC ("the Company")

Grant of Awards under the Company's 2017 Deferred Bonus Plan

On 25 April 2019 the Company granted the following awards over ordinary shares under the 2017 Deferred Bonus Plan (the "Plan") in respect of bonuses earned for the period ended 31 December 2018.

 
 PDMR            Number of ordinary shares subject 
                  to DBP award 
 Paul Lynam      19,169 
                ---------------------------------- 
 Neeraj Kapur    9,606 
                ---------------------------------- 
 

Each award has been granted in the form of an Option with an exercise price per Share equal to the nominal value of a share* and, subject to the rules of the Plan will vest:

   --      on 25 April 2020 as regards one third of the shares subject to it; 
   --      25 April 2021 as regards one third of the shares subject to it; and 
   --      25 April 2022 as regards one third of the shares subject to it. 

* In accordance with the terms of the awards, the exercise price payable may be waived before exercise.

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                        Paul Lynam 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       type of instrument 
     --------------------------  --------------------------------------- 
 b)   Identification code         GB00B6TKHP66 
     --------------------------  --------------------------------------- 
 c)   Nature of the transaction   Grant of nil-cost option over ordinary 
                                   shares under the Secure Trust Bank 
                                   2017 Deferred Bonus Plan. 
     --------------------------  --------------------------------------- 
 d)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   Nil         19,169 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     25 April 2019 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                        Neeraj Kapur 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       type of instrument 
     --------------------------  --------------------------------------- 
 b)   Identification code         GB00B6TKHP66 
     --------------------------  --------------------------------------- 
 c)   Nature of the transaction   Grant of nil-cost option over ordinary 
                                   shares under the Secure Trust Bank 
                                   2017 Deferred Bonus Plan. 
     --------------------------  --------------------------------------- 
 d)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   Nil         9,606 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     25 April 2019 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 

A J Karter

Company Secretary

Secure Trust Bank PLC

+44 121 693 9100

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 26, 2019 02:02 ET (06:02 GMT)

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