Secure Trust Bank PLC Director/PDMR Shareholding (3403H)
03 Diciembre 2020 - 01:05AM
UK Regulatory
TIDMSTB
RNS Number : 3403H
Secure Trust Bank PLC
03 December 2020
PRESS RELEASE
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
3 December 2020
For immediate release
SECURE TRUST BANK PLC ("Secure Trust" or the "Company")
Cash Settlement in Lieu of Options
Secure Trust Bank (the "Company") announces that on 1 December
2020 Mr David Mercer, a PDMR of the Company, received a cash
settlement in lieu of his share options granted in 2018 under the
2017 Long Term Incentive Scheme ("LTIP") at an exercise price of 40
pence ("Ordinary Shares"):
Participants. Number of shares Option Price
David Mercer 1,181 40p per share
----------------- --------------
The cash settlement of the LTIP, calculated at a share price of
911p, in line with the options cash settled on 27 November 2020,
was used to determine the quantum of his award in exchange for the
lapse of their share options detailed above.
There have been no changes to the total of 18,633,662 Ordinary
Shares in issue, each carrying one voting right, (the "Share
Capital") as a consequence of the above.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014 and was authorized for
release by the Disclosure Committee of the Company.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name David Mercer
--------------------------------------- ----------------------------------
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 Ordinary shares of 40p each
instrument, type of instrument in Secure Trust Bank PLC
Identification code ISIN number GB00B6TKHP66
SEDOL number B6TKHP6
--------------------------------------- ----------------------------------
b) Nature of the transaction Cash settle and lapse of an
option
--------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/a 1,181
----------
--------------------------------------- ----------------------------------
d) Aggregated Information N/A
* Aggregated volume
* Price
--------------------------------------- ----------------------------------
e) Date of the transaction 2020-12-01
--------------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ----------------------------------
5 Securities
-------------------------------------------------------------------------
(a) Type and class of securities Fully paid ordinary shares
of 40p each
ISIN number GB00B6TKHP66
SEDOL number B6TKHP6
--------------------------------------- --------------------------------
Enquiries:
Secure Trust Bank PLC
Paul Lynam, Chief Executive Officer
Mark Stevens, Company Secretary
Tel: 0121 693 9100
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBRBDDCBGDGGD
(END) Dow Jones Newswires
December 03, 2020 02:05 ET (07:05 GMT)
Secure Trust Bank (LSE:STB)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Secure Trust Bank (LSE:STB)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024