Business
Completion of sale by Arbuthnot Banking Group PLC
Completion of sale by Arbuthnot Banking Group PLC.
About this update from Secure Trust Bank Plc
[{"type":"text","content":"\n \nRNS Number : 3282B Secure Trust Bank PLC 15 June 2016 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.\nFURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY ORDINARY SHARES OF SECURE TRUST BANK PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \n \n \nPRESS RELEASE\nFor Immediate Release\n \n15 June 2016 \n \n \nSecure Trust Bank PLC (\"Secure Trust\" or the \"Company\")\nCompletion of sale by Arbuthnot Banking Group PLC (\"Arbuthnot\") of ordinary shares in Secure Trust\nThe Board of Secure Trust notes the announcement today from Arbuthnot that its sale of 6,000,000 ordinary shares of 40 pence each in Secure Trust (the \"Sale Shares\"), representing 33.0 per cent. of Secure Trust's existing issued share capital has now completed. \nThe Company confirms that it has commenced a process to seek to move to a Premium Listing on the Main Market of the London Stock Exchange. As part of the intended move to the main market the Company will address its Corporate Governance structure and Sir Henry Angest, non-executive Chairman of Secure Trust and Chairman and Chief Execu...