Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
22 SEPTEMBER 2020
For immediate release
Secure Trust Bank PLC ("STB" or the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMR)
Further to the announcement on 22 September 2020 that STB has granted options over ordinary shares ("Ordinary Shares") under the 2020 Sharesave Scheme pursuant to an offer made to all qualifying employees made on 27 August 2020, STB announces that the following PDMRs have cancelled their participation in the three year 2017 Sharesave Scheme as follows:
Director/PDMR |
Number of Ordinary Shares subject to option cancelled under 2017 Sharesave Scheme |
Option Price |
Paul Lynam |
1,364 |
1318.8p |
Stephen Heeley |
272 |
1318.8p |
Notification of Dealing (PDMRs and PCAs)
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Paul Lynam |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer |
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a) |
Name |
Secure Trust Bank PLC |
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b) |
LEI |
213800CXIBLC2TMIGI76 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 40p each in Secure Trust Bank PLC ISIN number GB00B6TKHP66 SEDOL number B6TKHP6 |
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b) |
Nature of the transaction |
Cancellation of option over ordinary shares under the 2017 Sharesave Scheme |
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated Information - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
27 August 2020 |
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f) |
Place of the transaction |
Outside a trading venue |
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5 |
Securities |
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(a) |
Type and class of securities |
Fully paid ordinary shares of 40p each ISIN number GB00B6TKHP66 SEDOL number B6TKHP6 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||
a) |
Name |
Stephen Heeley |
||||||||||
2 |
Reason for the notification |
|||||||||||
a) |
Position/status |
PDMR |
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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 instrument, type of instrument Identification code |
Ordinary shares of 40p each in Secure Trust Bank PLC ISIN number GB00B6TKHP66 SEDOL number B6TKHP6 |
||||||||||
b) |
Nature of the transaction |
Cancellation of option over ordinary shares under the 2017 Sharesave Scheme |
||||||||||
c) |
Price(s) and volume(s) |
|
||||||||||
d) |
Aggregated Information - Aggregated volume - Price |
N/A |
||||||||||
e) |
Date of the transaction |
28 August 2020 |
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f) |
Place of the transaction |
Outside a trading venue |
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5 |
Securities |
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(a) |
Type and class of securities |
Fully paid ordinary shares of 40p each ISIN number GB00B6TKHP66 SEDOL number B6TKHP6 |
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Enquiries:
Secure Trust Bank PLC
Paul Lynam, Chief Executive Officer
Tel: 0121 693 9100