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Secure Trust Bank ( (GB:STB) ) has provided an update.
Secure Trust Bank PLC has announced a notification regarding a change in the distribution of voting rights following an acquisition or disposal of financial instruments by IG Markets Limited. As of January 14, 2025, IG Markets Limited holds 2.949472% of voting rights through financial instruments in Secure Trust Bank, which reflects a slight change from their previous position. This update on voting rights distribution indicates potential strategic repositioning within Secure Trust Bank’s shareholder structure that could impact its governance and future decision-making processes.
More about Secure Trust Bank
Secure Trust Bank PLC (STB) is a well-established UK retail bank with over 70 years of trading history. Operating mainly from its head office in Solihull, West Midlands, STB employs 897 full-time equivalent staff as of September 2024. The bank’s diversified lending portfolio is primarily focused on business finance through its Real Estate Finance and Commercial Finance divisions, as well as consumer finance via its Vehicle Finance and Retail Finance divisions. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
YTD Price Performance: -1.10%
Average Trading Volume: 188,683
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.56M
Learn more about STB stock on TipRanks’ Stock Analysis page.