Secure Trust Bank PLC First Day of Dealings on the Main Market (2765M)
12 October 2016 - 5:00PM
UK Regulatory
TIDMSTB
RNS Number : 2765M
Secure Trust Bank PLC
12 October 2016
12 October 2016
Secure Trust Bank PLC ("Secure Trust" or the "Company")
First Day of Dealings on the Main Market of the London Stock
Exchange
Further to previous announcements Secure Trust is pleased to
announce that the Company's shares will today be admitted to the
premium segment of the Official List of the UK Listing Authority
(the "Official List") and to trading on London Stock Exchange plc's
main market ("Main Market") for listed securities (together,
"Admission"). Dealings in the Company's shares will commence on the
Main Market at 8.00 a.m. on 12 October 2016 and trading in the
Company's shares on the AIM market of London Stock Exchange plc
("AIM") will be cancelled simultaneously therewith.
The Company is not raising any funds or issuing any new shares
in connection with Admission. No shares have been offered or
marketed to the public in the UK or elsewhere in connection with
Admission or the publication of the related prospectus. The
Company's shares will continue to be registered with their existing
ISIN number GB00B6TKHP66 and SEDOL number B6TKHP6. The Company's
TIDM code on the London Stock Exchange will continue to be 'STB'.
At Admission there will be 18,191,894 ordinary shares in the
Company in issue.
The prospectus prepared by the Company in connection with
Admission is available for inspection on the Company's website at
www.securetrustbank.com/corporate-information and is available on
the National Storage Mechanism at
http://www.morningstar.co.uk/uk/NSM. Copies of the prospectus are
also available at the Company's registered office at One Arleston
Way, Shirley, Solihull, West Midlands, B90 4LH.
Paul Lynam, Chief Executive, said:
"Secure Trust Bank has been in business since 1952 and since our
IPO on AIM on 2 November 2011, we have delivered total shareholder
returns of nearly 300%. Today's Listing on the Main Market is
another very important milestone in our development. I congratulate
all of my colleagues on this considerable achievement. The
Directors continue to believe that over time Brexit will create
more opportunities than threats for well-funded and
well-capitalised smaller banks. We look to the future with
confidence."
Enquiries:
Secure Trust Bank PLC Tel: 020 7012 2400
Paul Lynam, Chief Executive
Officer
Neeraj Kapur, Chief
Financial Officer
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Stifel Nicolaus Europe Tel: 020 7710 7600
Limited
(Sponsor and Broker)
Robin Mann
Gareth Hunt
Stewart Wallace
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Canaccord Genuity Limited Tel: 020 7665 4500
(Nomad and Joint broker)
Sunil Duggal
Andrew Buchanan
----------------------------- -------------------
Bell Pottinger Tel: 020 3772 2500
(Financial PR)
Dan de Belder
Aarti Iyer
----------------------------- -------------------
Disclaimer
Stifel Nicolaus Europe Limited ("Stifel") has been appointed as
sponsor in relation to Admission. Stifel, which is regulated by the
Financial Conduct Authority in the United Kingdom, is acting
exclusively for the Company and no-one else in connection with
Admission and will not regard any other person as a client in
relation to Admission and will not be responsible to anyone other
than the Company for providing the protections afforded to its
clients or for advising any other person on the contents of the
prospectus or on any other transaction or arrangement referred to
in this announcement.
This announcement does not contain or constitute an offer of, or
the solicitation of an offer to buy or subscribe for, the
securities referred to herein to any person in any jurisdiction,
including the United States, or in any jurisdiction to whom or in
which such offer or solicitation is unlawful.
This announcement contains statements that are, or may be deemed
to be, "forward-looking statements". These forward-looking
statements may be identified by the use of forward-looking
terminology, including the terms "believes", "estimates", "plans",
"projects", "anticipates", "expects", "intends", "may", "will" or
"should" or, in each case, their negative or other variations or
comparable terminology, or by discussions of strategy, plans,
objectives, goals, future events or intentions. Forward-looking
statements may and often do differ materially from actual results.
The forward-looking statements reflect the Company's current view
with respect to future events and are subject to risks relating to
future events and other risks, uncertainties and assumptions
relating to the Company's business, results of operations,
financial position, liquidity, prospects, growth and strategies.
The forward-looking statements speak only as of the date they are
made and cannot be relied upon as a guide to future performance and
each of the Company, Stifel and their respective directors,
officers, employees, agents, affiliates or advisers expressly
disclaim any obligation to supplement, amend, update or revise any
of the forward-looking statements made herein, except where it
would be required to do so under applicable law.
Certain figures contained in this announcement, including
financial information, have been subject to rounding adjustments.
Accordingly, in certain instances, the sum or percentage change of
the numbers contained in this announcement may not conform exactly
with the total figure given.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 12, 2016 02:00 ET (06:00 GMT)