Secure Trust Bank PLC Grant of Awards Under 2017 Deferred Bonus Plan (6913L)
21 April 2018 - 2:38AM
UK Regulatory
TIDMSTB
RNS Number : 6913L
Secure Trust Bank PLC
20 April 2018
Secure Trust Bank PLC
20 April 2018
Secure Trust Bank PLC ("the Company")
Grant of Awards under the Company's 2017 Deferred Bonus Plan
On 20 April 2018 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
2017.
PDMR Number of ordinary shares
subject to DBP award
-------------- --------------------------
Paul Lynam 10,493
-------------- --------------------------
Neeraj Kapur 4,197
-------------- --------------------------
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 20 April 2019 as regards one third of the shares subject to it;
-- 20 April 2020 as regards one third of the shares subject to it; and
-- 20 April 2021 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) Position / status Director
--- ------------------------ ---------------------------------
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 Ordinary shares of 40p each
the financial in Secure Trust Bank PLC.
instrument, type
of instrument
--- ------------------------ ---------------------------------
b) Identification GB00B6TKHP66
code
--- ------------------------ ---------------------------------
c) Nature of the Grant of nil-cost option over
transaction ordinary shares under the
Secure Trust Bank 2017 Deferred
Bonus Plan.
--- ------------------------ ---------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil 10,493
---------- ----------
--- ------------------------ ---------------------------------
e) Aggregated information N/A
* Volume
* Price
--- ------------------------ ---------------------------------
f) Date of the transaction 20 April 2018
--- ------------------------ ---------------------------------
g) Place of the Outside a trading venue
transaction
--- ------------------------ ---------------------------------
1. Details of PDMR / person closely associated
with them ("PCA")
--- -----------------------------------------------------------
a) Name Neeraj Kapur
--- ------------------------ ---------------------------------
2. Reason for the notification
--- -----------------------------------------------------------
a) Position / status Director
--- ------------------------ ---------------------------------
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 Ordinary shares of 40p each
the financial in Secure Trust Bank PLC.
instrument, type
of instrument
--- ------------------------ ---------------------------------
b) Identification GB00B6TKHP66
code
--- ------------------------ ---------------------------------
c) Nature of the Grant of nil-cost option over
transaction ordinary shares under the
Secure Trust Bank 2017 Deferred
Bonus Plan.
--- ------------------------ ---------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil 4,197
---------- ----------
--- ------------------------ ---------------------------------
e) Aggregated information N/A
* Volume
* Price
--- ------------------------ ---------------------------------
f) Date of the transaction 20 April 2018
--- ------------------------ ---------------------------------
g) Place of the Outside a trading venue
transaction
--- ------------------------ ---------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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