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Last checked at 
26 Apr 2019 07:00
Secure Trust Bank PLC
26 April 2019
Secure Trust Bank PLC ("the Company")
Grant of Awards under the Company's 2017 Deferred Bonus Plan
On 25 April 2019 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 2018.
PDMR | Number of ordinary shares subject to DBP award |
Paul Lynam | 19,169 |
Neeraj Kapur | 9,606 |
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 2020 as regards one third of the shares subject to it;
· 25 April 2021 as regards one third of the shares subject to it; and
· 25 April 2022 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 / 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 nil-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 | 25 April 2019 | ||||
g) | Place of the transaction | Outside a trading venue | ||||
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 / 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 nil-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 | 25 April 2019 | ||||
g) | Place of the transaction | Outside a trading venue | ||||
A J Karter
Company Secretary
Secure Trust Bank PLC
+44 121 693 9100
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