Last checked at 13 Dec 2013 16:53
13 December 2013
SECURE TRUST BANK PLC
Holding(s) in Company
Secure Trust Bank PLC ("STB" or the "Company") has today been notified by Arbuthnot Banking Group PLC ("Arbuthnot"), that on 13 December 2013 Arbuthnot sold 580,000 STB ordinary shares, representing 3.7 per cent. of STB's current issued ordinary share capital, at a price of 2,500 pence per share.
As a result of this disposal, Arbuthnot's holding in STB's ordinary shares has reduced from 11,066,205 shares (70.7 per cent.) to 10,486,205 shares (67.0 per cent)., increasing the free float of the Company.
Following this disposal, Arbuthnot has agreed not to sell any further ordinary shares in STB for a period of six months, other than with the consent of Canaccord Genuity, STB's Nominated Adviser and Broker.
-ENDS-
Enquiries:
Secure Trust Bank PLC |
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Henry Angest, Non-Executive Chairman Andrew Salmon, Non-Executive Director | Tel: 020 7012 2400
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Paul Lynam, Chief Executive Officer Neeraj Kapur, Chief Financial Officer |
Tel: 0121 693 9100 |
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David Marshall, Director of Communications |
Tel: 020 7012 2400 |
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Canaccord Genuity Limited(Nominated Adviser and Broker) | Tel: 020 7523 8000 | ||
Roger Lambert Sunil Duggal Lucy Tilley | |||
Pelham Bell Pottinger |
Tel: 020 7861 3232 | ||
Ben Woodford Dan de Belder | |||