Notification of Transaction by Director and PDMR

RNS Number : 2520B

Secure Trust Bank PLC

19 September 2018

 

Secure Trust Bank PLC
19 September 2018

Secure Trust Bank PLC ("STB" or the "Company")

Notification of Transaction by Director
and Person Discharging Managerial Responsibilities (PDMR)

On 18 September 2018 STB granted options over ordinary shares ("Ordinary Shares") under the 2018 Sharesave Scheme (the "Scheme") pursuant to an offer made to all qualifying employees made on 28 August 2018.

Each option has an exercise price per Ordinary Share of 1402.67p.  The number of Ordinary Shares in STB subject to each option granted to a director or person discharging managerial responsibilities is set out below being information notified by such persons to the Company.

Subject to the rules of the Scheme, the options will ordinarily vest on 1 November 2021 and be exercisable for a period of six months.

115 employees have been granted options under the Scheme in respect of a total of 34,449 Ordinary Shares.

Director/PDMR	Number of Ordinary Shares subject to option
Esther Morley	128

Notification of Dealing (PDMRs and PCAs)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name		Esther Morley
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 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		Grant of option over ordinary shares under the 2018 Sharesave Scheme
c)	Price(s) and volume(s)		Price(s) Volume(s) N/A 128
d)	Aggregated Information -       Aggregated volume -       Price		N/A
e)	Date of the transaction		2018-09-18
f)	Place of the transaction		Outside a trading venue
5		Securities
(a)		Type and class of securities		Fully paid ordinary shares of 40p each ISIN number GB00B6TKHP66 SEDOL number B6TKHP6

Date of Notification:

18 September 2018

A J Karter

Company Secretary

Tel [phone]

 

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