Secure Trust Bank PLC ("STB" or the "Company")
Notification of Transaction by Director
and Person Discharging Managerial Responsibilities (PDMR)
On 26 September 2024 the Company granted options over ordinary shares ("Ordinary Shares") under the STB 2017 Sharesave Plan (the "SAYE") pursuant to an offer made to all qualifying employees issued on 2 September 2024.
Each option has an exercise price per Ordinary Share of £6.99. 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 SAYE, the options will ordinarily vest on 1 November 2027 and be exercisable for a period of six months.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
| Director/PDMR | Number of Ordinary Shares subject to option under SAYE 2024 invite |
| David McCreadie | 1,326 |
| Rachel Lawrence | 1,326 |
| Chris Harper | 1,326 |
| Julian Hartley | 1,326 |
| Andrew Phillips | 1,326 |
Notification of Dealing (PDMRs and PCAs)
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
| a) | Name | David McCreadie | ||||||||
| 2 | Reason for the notification | |||||||||
| a) | Position/status | Chief Executive Officer | ||||||||
| 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 options over ordinary shares under the SAYE (price shown is option price payable upon exercise) | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated Information - Aggregated volume - Price |
N/A | ||||||||
| e) | Date of the transaction | 26 September 2024 | ||||||||
| f) | Place of the transaction | Outside a trading venue | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
| a) | Name | Rachel Lawrence | ||||||||
| 2 | Reason for the notification | |||||||||
| a) | Position/status | Chief Financial Officer | ||||||||
| 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 options over ordinary shares under the SAYE (price shown is option price payable upon exercise) | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated Information - Aggregated volume - Price |
N/A | ||||||||
| e) | Date of the transaction | 26 September 2024 | ||||||||
| f) | Place of the transaction | Outside a trading venue | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
| a) | Name | Christopher Harper | ||||||||
| 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 options over ordinary shares under the SAYE (price shown is option price payable upon exercise) | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated Information - Aggregated volume - Price |
N/A | ||||||||
| e) | Date of the transaction | 26 September 2024 | ||||||||
| f) | Place of the transaction | Outside a trading venue | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
| a) | Name | Julian Hartley | ||||||||
| 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 options over ordinary shares under the SAYE (price shown is option price payable upon exercise) | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated Information - Aggregated volume - Price |
N/A | ||||||||
| e) | Date of the transaction | 26 September 2024 | ||||||||
| f) | Place of the transaction | Outside a trading venue | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
| a) | Name | Andrew Phillips | ||||||||
| 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 options over ordinary shares under the SAYE (price shown is option price payable upon exercise) | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated Information - Aggregated volume - Price |
N/A | ||||||||
| e) | Date of the transaction | 26 September 2024 | ||||||||
| f) | Place of the transaction | Outside a trading venue | ||||||||
Lisa Daniels
Company Secretary
Secure Trust Bank PLC
+44 121 693 9100
About the Company:
Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and has 920 employees (full‐time equivalent) as at August 2024. The Group's diversified lending portfolio currently focuses on two sectors:
(i) Business finance through its Real Estate Finance and Commercial Finance divisions; and
(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, Yorke House, Arleston Way, Solihull, B90 4LH.
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