Additional Listing

RNS Number : 3695W

Secure Trust Bank PLC

16 April 2019

 

 Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

16 April 2019

Secure Trust Bank PLC ("Secure Trust" or the "Company")

Additional Listing

Application has been made to the UK Listing Authority and the London Stock Exchange for a block listing of 140,000 ordinary shares of 40 pence each in the Company ("Ordinary Shares") ("Block Listing Shares") to be admitted to the Official List and to trading on the London Stock Exchange ("Admission"). The Block Listing Shares will rank on issue pari passu with the existing issued Ordinary Shares.

The 140,000 Block Listing Shares are to be issued under the following schemes:

Secure Trust Bank 2017 Sharesave Plan; Secure Trust Bank 2017 Long-Term Incentive Plan; and Secure Trust Bank 2017 Deferred Bonus Plan.

30,000 40,000 70,000

Admission is expected to occur on 23 April 2019.

Enquiries:

Secure Trust Bank PLC

Alan Karter, Company Secretary

Tel: [phone]

About the Company:

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with a 67 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 862 employees (full‐ time equivalent) as at 31 December 2018. The Group's diversified lending portfolio currently focuses on two sectors:

(i)            Business Finance through its Real Estate Finance, Asset Finance and Commercial Finance divisions,

(ii)           Consumer Finance through its Motor Finance and Retail Finance divisions

As at 31 December 2018 the Group's loans and advances to customers totalled £2,028.9 million, customer deposits totalled £1,847.7million and the Group's total customer base was well over 1 million.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.  Secure Trust Bank, PLC, One Arleston Way, Solihull, B90 4LH.

 

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