Secure Trust Bank PLC Director/PDMR Shareholding (1295Y)
May 10 2021 - 11:31AM
UK Regulatory
TIDMSTB
RNS Number : 1295Y
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")
Exercise of Options, Issue of Equity
Secure Trust Bank (the "Company") announces that the following
individuals, each PDMRs of the Company, as per the below, exercised
share options under the 2017 Long Term Incentive Scheme ("LTIP") at
an exercise price of 40 pence over a total of 2,162 ordinary shares
of 40 pence each ("Ordinary Shares"):
Date Participants. Number of shares Option Price
7 May 2021 David Nield 786 40p per share
-------------- ----------------- --------------
7 May 2021 Jon Bowers 590 40p per share
-------------- ----------------- --------------
7 May 2021 Kevin Hayes 786 40p per share
-------------- ----------------- --------------
Mr Nield has retained all of the shares arising from the
exercise of the LTIP options, electing to settle the tax and
national insurance liabilities rather than sell shares to cover
this cost. Mr Hayes has sold all of the shares arising from the
exercise of his LTIP options. Mr Bowers has elected to sell
sufficient shares to cover his tax and national insurance
liability. As a consequence, Mr Bowers has retained 313 shares.
Secure Trust Bank (the "Company") announces that the following
individuals, each PDMRs of the Company, as per the below, exercised
share options under the 2017 Deferred Bonus Scheme ("DBP") at an
exercise price of 40 pence over a total of 826 ordinary shares of
40 pence each ("Ordinary Shares"):
Date Participants. Number of shares Option Price
7 May 2021 David Nield 413 40p per share
-------------- ----------------- --------------
7 May 2021 Kevin Hayes 413 40p per share
-------------- ----------------- --------------
Mr Nield has retained all of the shares arising from the
exercise of the DBP options, electing to settle the tax and
national insurance liabilities rather than sell shares to cover
this cost. Mr Hayes has sold all of the shares arising from the
exercise of his DBP options.
A further four individuals, not PDMRs of the Company, have also
elected to exercise share options, resulting in a total of 4,710
new shares in the Company being issued and allotted, including the
above. The new Ordinary Shares were allotted from the Company's
Block Listing authority. The shares will rank pari passu with the
existing issued shares of the Company
Following Admission, the Company will have a total of 18,638,372
Ordinary Shares in issue (the "Enlarged Share Capital") each
carrying one voting right. The Company does not hold any Ordinary
Shares in Treasury. This figure of 18,638,372 Ordinary Shares may
be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
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 Mr David Nield
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------
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 Exercise of an option
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.40 per
share 786
----------
--------------------------------------- ----------------------------------
d) Aggregated Information 786
* Aggregated volume GBP0.40 per share
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2021-05-07
--------------------------------------- ----------------------------------
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
--------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mr Jon Bowers
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------
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 Exercise of an option
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.40 per
share 590
----------
--------------------------------------- ----------------------------------
d) Aggregated Information 590
* Aggregated volume GBP0.40 per share
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2020-05-07
--------------------------------------- ----------------------------------
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
--------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mr Kevin Hayes
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------
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 Exercise of an option
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/a 786
----------
--------------------------------------- ----------------------------------
d) Aggregated Information 786
* Aggregated volume GBP0.40 per share
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2020-05-07
--------------------------------------- ----------------------------------
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
--------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mr Kevin Hayes
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------
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 Exercise of an option
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/a 413
----------
--------------------------------------- ----------------------------------
d) Aggregated Information 413
* Aggregated volume GBP0.40 per share
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2020-05-07
--------------------------------------- ----------------------------------
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
--------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mr David Nield
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------
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 Exercise of an option
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.40 per
share 413
----------
--------------------------------------- ----------------------------------
d) Aggregated Information 413
* Aggregated volume GBP0.40 per share
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2021-05-07
--------------------------------------- ----------------------------------
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
--------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mr Jon Bowers
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------
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 Sale of shares
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP11.65 per
share 277
----------
--------------------------------------- ----------------------------------
d) Aggregated Information 277
* Aggregated volume GBP11.65 per share
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2020-05-07
--------------------------------------- ----------------------------------
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
--------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Mr Kevin Hayes
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------
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 Sale of shares
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP11.65 per
share 1,199
----------
--------------------------------------- ----------------------------------
d) Aggregated Information 1,199
* Aggregated volume GBP11.65 per share
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2020-05-07
--------------------------------------- ----------------------------------
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
--------------------------------------- --------------------------------
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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