Director/PDMR Shareholding

RNS Number : 6458W

Secure Trust Bank PLC

27 April 2021

 

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

27 April 2021

For immediate release

Secure Trust Bank PLC ("the Company")

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

On 26 April 2021 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 2020. 

PDMR	Number of ordinary shares subject to DBP award
Nick Davies	1,702

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 26 April 2022 as regards one third of the shares subject to it;

· 26 April 2023   as regards one third of the shares subject to it; and

· 26 April 2024 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	Nick Davies
2.	Reason for the notification
a)	Positio n/ 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 instrument, type of instrument	Ordinary shares of 40p each in Secure Trust Bank PLC.
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 volume(s)	Price(s) Volume(s) Nil 1,702
e)	Aggregated information -  Volume -  Price	N/A
f)	Date of the transaction	26 April 2021
g)	Place of the transaction	Outside a trading venue

M Stevens

Company Secretary

Secure Trust Bank PLC

[phone]

 

END

 

 

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