Issue of Equity

RNS Number : 8824F

Secure Trust Bank PLC

09 November 2022

 

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

9 November 2022

For immediate release

SECURE TRUST BANK PLC

Issue of Shares

On 9 November Secure Trust Bank PLC (the "Company") issued from its block listing authority 843 new Ordinary shares of 40p each to satisfy the exercise of options under the 2017 Long Term Incentive Plans. These shares rank pari passu with the existing Ordinary shares in issue.

As a result of this issuance, the total number of Ordinary shares in issue is 18,689,081 and the total number of voting rights in the Company is 18,689,081. There are no shares held in treasury.

This figure (18,689,081) may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Secure Trust Bank PLC

David McCreadie, Chief Executive Officer

Mark Stevens, Company Secretary

Tel: [phone]

About the Company:

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with a 70 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 931 employees (full‐ time equivalent) as at 30 June 2022. The Group's diversified lending portfolio currently focuses on two sectors:

(i)  Business Finance through its Real Estate Finance and Commercial Finance divisions,

(ii)  Consumer Finance through its Vehicle Finance and Retail Finance divisions.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Secure Trust Bank PLC, One Arleston Way, Solihull, B90 4LH.

 

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