Director/PDMR Shareholding

RNS Number : 9819U
Secure Trust Bank PLC
31 March 2023
 

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

31 March 2023

For immediate release

 

 

Secure Trust Bank PLC ("the Company")

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

On 31 March 2023 the Company granted the following awards over ordinary shares under the 2017 Deferred Bonus Plan (the "DBP" or the "Plan") in respect of bonuses earned for the period ended 31 December 2022. 

PDMR

Number of ordinary shares subject to DBP award

David McCreadie

17,410

Rachel Lawrence

10,928

Nick Davies

3,149

John Bevan

4,375

Chris Harper

1,769

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 2024 as regards one third of the shares subject to it;

· on 25 April 2025 as regards one third of the shares subject to it; and

· on 24 April 2026 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.

In total 39,953 share options with performance conditions were granted to participants in the DBP.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

David McCreadie

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

17,410


e)

Aggregated information

Volume

Price

N/A

f)

Date of the transaction

 31 March 2023

g)

Place of the transaction

Outside a trading venue

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Rachel Lawrence

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

10,928


e)

Aggregated information

Volume

Price

N/A

f)

Date of the transaction

31 March 2023

g)

Place of the transaction

Outside a trading venue

 

 

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

3,149


e)

Aggregated information

Volume

Price

N/A

f)

Date of the transaction

31 March 2023

g)

Place of the transaction

Outside a trading venue

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

John Bevan

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

4,375


e)

Aggregated information

Volume

Price

N/A

f)

Date of the transaction

31 March 2023

g)

Place of the transaction

Outside a trading venue

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Chris Harper

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

1,769


e)

Aggregated information

Volume

Price

N/A

f)

Date of the transaction

31 March 2023

g)

Place of the transaction

Outside a trading venue

 

The person responsible for making this announcement is Mark Stevens.

 

 

Mark Stevens

Company Secretary

Secure Trust Bank PLC

+44 121 693 9100

 

 

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