Secure Trust Bank Grants Key Management LTIP Options
Company Announcements

Secure Trust Bank Grants Key Management LTIP Options

Secure Trust Bank (GB:STB) has released an update.

Secure Trust Bank PLC has awarded options on ordinary shares to several of its key management personnel as part of its 2017 Long Term Incentive Plan (LTIP), contingent on meeting multiple performance criteria over a three-year period ending in 2026. These performance conditions include total shareholder return, return on average equity, earnings per share growth, and risk management assessment. The options, granted at a nominal cost and set against a share value reference point, aim to align the interests of the management with those of the shareholders.

For further insights into GB:STB stock, check out TipRanks’ Stock Analysis page.

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