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Holding(s) in Company

13 Dec 2013 16:53

RNS Number : 5547V
Secure Trust Bank PLC
13 December 2013
 



 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

 

Henry Angest, Non-Executive Chairman

Andrew Salmon, Non-Executive Director

 Tel: 020 7012 2400

 

 

 

Paul Lynam, Chief Executive Officer

Neeraj Kapur, Chief Financial Officer

 

 Tel: 0121 693 9100

 

 

David Marshall, Director of Communications

 

 Tel: 020 7012 2400

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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