Business
Proposed placing of new ordinary and sale shares
Proposed placing of new ordinary and sale shares.
About this update from Secure Trust Bank Plc
[{"type":"text","content":"\n \nRNS Number : 0957K Secure Trust Bank PLC 19 June 2014 \n \n\nTHIS ANNOUNCEMENT (INCLUDING THE APPENDICES) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.\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 NEW ORDINARY SHARES OF SECURE TRUST BANK PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\nThis announcement should be read in its entirety. In particular, you should read and understand the information provided in the 'Important Notices' section. \n 19 June 2014\nSecure Trust Bank PLC (\"Secure Trust Bank\" or the \"Company\")\nProposed placing of 2,083,333new Ordinary Shares and 1,041,667 existing Sale Shares of 40p each at £24.00 per share\nSecure Trust Bank announces today a proposed non pre-emptive placing to institutional investors of 3,125,000 Ordinary Shares in aggregate, comprising 2,083,333 new Ordinary Shares to be issued by the Company (the \"Placing Shares\") and 1,041,667 existing Ordinary Shares (the \"Sale Shares\"), to be sold by Arbuthnot Banking Group ...