TIDMSTB

RNS Number : 0653D

Secure Trust Bank PLC

23 October 2020

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

23 OCTOBER 2020

For immediate release

Secure Trust Bank PLC ("the Company")

Grant of Awards under the Company's 2017 Deferred Bonus Plan

On 22 October 2020 the Company granted the following awards over ordinary shares under the 2017 Deferred Bonus Plan (the "Plan") in respect of bonuses earned for the period ended 31 December 2019.

 
 PDMR           Number of ordinary shares subject 
                 to DBP award 
 Paul Lynam     27,551 
               ---------------------------------- 
 Kevin Hayes    1,239 
               ---------------------------------- 
 David Nield    1,239 
               ---------------------------------- 
 Nick Davies    5,011 
               ---------------------------------- 
 

Each award has been granted in the form of an Option with an exercise price per Share equal to the nominal value of a share* and, subject to the rules of the Plan will vest:

   --      on 26 April 2021 as regards one third of the shares subject to it; 
   --      26 April 2022   as regards one third of the shares subject to it; and 
   --      26 April 2023 as regards one third of the shares subject to it. 

* In accordance with the terms of the awards, the exercise price payable may be waived before exercise.

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        Paul Lynam 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          Director/PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 b)   Identification code         GB00B6TKHP66 
     --------------------------  --------------------------------------- 
 c)   Nature of the transaction   Grant of nil-cost option over ordinary 
                                   shares under the Secure Trust Bank 
                                   2017 Deferred Bonus Plan. 
     --------------------------  --------------------------------------- 
 d)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   Nil         27,551 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     22 October 2020 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        Kevin Hayes 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 b)   Identification code         GB00B6TKHP66 
     --------------------------  --------------------------------------- 
 c)   Nature of the transaction   Grant of nil-cost option over ordinary 
                                   shares under the Secure Trust Bank 
                                   2017 Deferred Bonus Plan. 
     --------------------------  --------------------------------------- 
 d)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   Nil         1,239 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     22 October 2020 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        David Nield 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 b)   Identification code         GB00B6TKHP66 
     --------------------------  --------------------------------------- 
 c)   Nature of the transaction   Grant of nil-cost option over ordinary 
                                   shares under the Secure Trust Bank 
                                   2017 Deferred Bonus Plan. 
     --------------------------  --------------------------------------- 
 d)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   Nil         1,239 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     22 October 2020 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA ") 
 a)   Name                        Nick Davies 
     --------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Positio n / status          PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of 40p each in Secure 
       financial instrument,       Trust Bank PLC. 
       t ype of instrument 
     --------------------------  --------------------------------------- 
 b)   Identification code         GB00B6TKHP66 
     --------------------------  --------------------------------------- 
 c)   Nature of the transaction   Grant of nil-cost option over ordinary 
                                   shares under the Secure Trust Bank 
                                   2017 Deferred Bonus Plan. 
     --------------------------  --------------------------------------- 
 d)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   Nil         5,011 
                                              ---------- 
     --------------------------  --------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  --------------------------------------- 
 f)   Date of the transaction     22 October 2020 
     --------------------------  --------------------------------------- 
 g)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------- 
 

M Stevens

Company Secretary

Secure Trust Bank PLC

+44 121 693 9100

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October 23, 2020 08:52 ET (12:52 GMT)

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