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The latest update is out from Secure Trust Bank ( (GB:STB) ).
Secure Trust Bank PLC announced a significant change in the voting rights held by UBS Group AG’s Investment Bank & Global Wealth Management, as their holdings fell below the 5% threshold. This change, effective from December 20, 2024, exempts UBS from reporting obligations, potentially impacting the bank’s shareholder structure and voting dynamics.
More about Secure Trust Bank
Secure Trust Bank PLC (STB) is a well-established UK retail bank with over 70 years of trading history. It operates primarily from its head office in Solihull, West Midlands, and has a diversified lending portfolio focusing on business finance through Real Estate and Commercial Finance, and consumer finance through Vehicle and Retail Finance divisions.
YTD Price Performance: -46.49%
Average Trading Volume: 170,985
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.94M
Learn more about STB stock on TipRanks’ Stock Analysis page.