Secure Trust Bank PLCLSE: STB

Secure Trust Bank: Completion of Share Buyback Programme

· Issued by Secure Trust Bank PLC via RNS

Summary by 6ix AI

Secure Trust Bank PLC, a UK retail bank, has completed the second £5 million tranche of its £10 million share buyback programme, concluding the full programme announced on June 29, 2026.

Key details

  • Between September 7, 2026 and October 20, 2026, the company repurchased 331,134 ordinary shares in aggregate at an average price of 1509.361 pence per share, for an aggregate consideration of approximately £5 million.
  • Overall, the £10 million programme resulted in the repurchase of 654,540 ordinary shares at an average price of 1527.790 pence per share.
  • The buyback was intended to return excess capital released from the sale of its Consumer Vehicle Finance business to shareholders, alongside its progressive dividend policy.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/completion-of-share-buyback-programme-35

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PRESS RELEASE

Secure Trust Bank PLC

21 October 2026

For immediate release

SECURE TRUST BANK PLC

Completion of Share Buyback Programme

Secure Trust Bank PLC (the "Company") announces that the second £5 million tranche of its £10 million  share buyback programme announced on 7 September 2026  has been completed in accordance with its terms. This concludes the full £10 million share buyback programme announced on 29 June 2026.

Between 7 September 2026 and 20 October 2026, the Company repurchased 331,134 ordinary shares in aggregate at an average price of 1509.361 pence per share, for an aggregate consideration of approximately £5 million.

Overall, the £10 million share buyback programme resulted in the repurchase of 654,540 ordinary shares at an average price of 1527.790 pence per share.

The Company's planned £10 million share buyback was intended to return excess capital, released from the sale of its Consumer Vehicle Finance business to shareholders alongside its progressive dividend policy.

Enquiries:

Secure Trust Bank PLC

Ian Corfield, Chief Executive Officer

Rachel Lawrence, Chief Financial Officer

Phil Deakin, Strategy and Corporate Development Director

ir@securetrustbank.co.uk   

Tel: +44 (0)121 693 9100

Investec Bank plc (Joint Broker)

Christopher Baird

Gordon Hamilton

Tel: +44 (0)20 7597 5970

Shore Capital Stockbrokers (Joint Broker)

Mark Percy

Oliver Jackson

Sophie Collins

Ansh Batura

Tel: +44 (0)20 7408 4090

Camarco

Geoffrey Pelham-Lane, Amrith Uppuluri

securetrustbank@camarco.co.uk

Tel: +44 (0) 7733 124 226, +44 (0) 7763 083 058

About STB

STB is an established, well‑funded and capitalised UK retail bank with a more than 72‑year trading track record. STB operates principally from its head office in Solihull, West Midlands. STB's diversified lending portfolio focuses on two lending sectors, with multiple product verticals, supported by a strong deposits franchise:

(i) Business Finance, and

(ii) Retail Finance through its V12 brand.

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, Yorke House, Arleston Way, Solihull, B90 4LH.

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