Total Voting Rights

RNS Number : 9317X
Secure Trust Bank PLC
01 September 2022
 

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

1 September 2022

For immediate release

 

 

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

Total Voting Rights and Capital

 

In accordance with Disclosure Guidance and Transparency Rule 5.6.1, the Company notifies the market of the following:

As at 31 August 2022, the Company's issued share capital consists of 18,688,238 Ordinary shares of 40p each.  There are no shares held in treasury.

Therefore, the total number of voting rights in the Company is 18,688,238 which 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

Mark Stevens, Company Secretary

Tel: 0121 693 9100

 

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 an average of 983 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.

 

As at 30 June 2022 the Group's loans and advances to customers totalled £2,751.2 million, customer deposits totalled £2,290.9 million and the Group's total customer base was over 1.5 million customers. As these figures are as at 30 June 2022, they include approximately 200 employees and 0.5 million customers which relate to Debt Managers (Services) Ltd (DMS). DMS sold its loan portfolio in the first half of 2022 and expects, in the second half of 2022, to migrate its customers and transfer its employees to the purchaser of the portfolio.

 

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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