Secure Trust Bank PLC
Secure Trust Bank PLC ("the Company")
Grant of Awards under the Company's 2017 Deferred Bonus Plan
On 16 April 2024 the Company granted the following awards over ordinary shares under the 2017 Deferred Bonus Plan (the "DBP" or the "Plan") in respect of bonuses earned for the period ended 31 December 2023.
| PDMR | Number of ordinary shares subject to DBP award |
| David McCreadie | 20,185 |
| Rachel Lawrence | 13,056 |
| John Bevan | 1,928 |
| Julian Hartley | 2,581 |
| Geoff Ray | 1,801 |
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 25 April 2025 as regards one third of the shares subject to it;
· on 24 April 2026 as regards one third of the shares subject to it; and
· on 26 April 2027 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 | David McCreadie | ||||
| 2. | Reason for the notification
| |||||
| a) | Position / status | Director/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 | Ordinary shares of 40p each in Secure Trust Bank PLC. | ||||
| b) | Identification code | GB00B6TKHP66 | ||||
| c) | Nature of the transaction | Grant of nominal-cost option over ordinary shares under the Secure Trust Bank 2017 Deferred Bonus Plan. | ||||
| d) | Price(s) and volume(s) |
| ||||
| e) | Aggregated information - Volume - Price | N/A | ||||
| f) | Date of the transaction | 16 April 2024 | ||||
| g) | Place of the transaction | Outside a trading venue | ||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||
| a) | Name | Rachel Lawrence | ||||
| 2. | Reason for the notification
| |||||
| a) | Position / status | Director/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 | Ordinary shares of 40p each in Secure Trust Bank PLC. | ||||
| b) | Identification code | GB00B6TKHP66 | ||||
| c) | Nature of the transaction | Grant of nominal-cost option over ordinary shares under the Secure Trust Bank 2017 Deferred Bonus Plan. | ||||
| d) | Price(s) and volume(s) |
| ||||
| e) | Aggregated information - Volume - Price | N/A | ||||
| f) | Date of the transaction | 16 April 2024 | ||||
| g) | Place of the transaction | Outside a trading venue | ||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||
| a) | Name | John Bevan | ||||
| 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 | Ordinary shares of 40p each in Secure Trust Bank PLC. | ||||
| b) | Identification code | GB00B6TKHP66 | ||||
| c) | Nature of the transaction | Grant of nominal-cost option over ordinary shares under the Secure Trust Bank 2017 Deferred Bonus Plan. | ||||
| d) | Price(s) and volume(s) |
| ||||
| e) | Aggregated information - Volume - Price | N/A | ||||
| f) | Date of the transaction | 16 April 2024 | ||||
| g) | Place of the transaction | Outside a trading venue | ||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||
| 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 | Ordinary shares of 40p each in Secure Trust Bank PLC. | ||||
| b) | Identification code | GB00B6TKHP66 | ||||
| c) | Nature of the transaction | Grant of nominal-cost option over ordinary shares under the Secure Trust Bank 2017 Deferred Bonus Plan. | ||||
| d) | Price(s) and volume(s) |
| ||||
| e) | Aggregated information - Volume - Price | N/A | ||||
| f) | Date of the transaction | 16 April 2024 | ||||
| g) | Place of the transaction | Outside a trading venue | ||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||
| a) | Name | Geoff Ray | ||||
| 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 | Ordinary shares of 40p each in Secure Trust Bank PLC. | ||||
| b) | Identification code | GB00B6TKHP66 | ||||
| c) | Nature of the transaction | Grant of nominal-cost option over ordinary shares under the Secure Trust Bank 2017 Deferred Bonus Plan. | ||||
| d) | Price(s) and volume(s) |
| ||||
| e) | Aggregated information - Volume - Price | N/A | ||||
| f) | Date of the transaction | 16 April 2024 | ||||
| g) | Place of the transaction | Outside a trading venue | ||||
Lisa Daniels
Company Secretary
Secure Trust Bank PLC
+44 121 693 9100
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