PRESS RELEASE

Secure Trust Bank PLC

29 June 2026

For immediate release

SECURE TRUST BANK PLC

Launch of £10 million Share Buyback Programme

Secure Trust Bank PLC ("STB"), a leading specialist lender, is pleased to announce, following the receipt of regulatory approval, the launch of an initial £5 million (the "Initial Amount") share buyback programme (the "Buyback Programme"). This is the first tranche of its planned £10 million share buyback programme to be delivered over the next twelve months. This reflects the Board's intention to commit surplus capital to initiate a share buyback programme as a component of shareholder returns, alongside STB's progressive dividend policy, as it redeploys the capital released from the sale of its Consumer Vehicle Finance business. 

STB has entered into non-discretionary instructions with its joint broker, Shore Capital Stockbrokers Limited, to carry out purchases of its Ordinary Shares under the Buyback Programme on its behalf and to make trading decisions under the Buyback Programme independently of STB up to the Initial Amount.

The Ordinary Share repurchases will be carried out on the London Stock Exchange (or any EU regulated exchange) and will be effected within certain pre-set parameters and in accordance with the UK Listing Rules and STB's general authority to purchase up to 1,910,681 Ordinary Shares granted by its shareholders at the annual general meeting on 14 May 2026. Share repurchases under the Buyback Programme may be undertaken from 29 June 2026 until the earlier of the Initial Amount being repurchased and 31 December 2026. All Ordinary Shares repurchased under the Buyback Programme will be cancelled.

The Buyback Programme, the purpose of which is to reduce the ordinary share capital of STB, will, insofar as is possible, be effected within the safe harbour parameters of the Market Abuse Regulation 596/2014/EU and the Commission Delegated Regulation 2016/1052/EU, each as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018.  However, the Buyback Programme may on any given day represent a significant proportion of the daily trading volume in the Ordinary Shares and could therefore exceed 25% of the daily trading volume. In this case, STB would not benefit from the exemption contained in Article 5(1) of the UK version of the Market Abuse Regulation.

Enquiries:

Secure Trust Bank PLC

Ian Corfield, Chief Executive Officer

Rachel Lawrence, Chief Financial Officer

Phil Deakin, Strategy and Corporate Development Director

[email protected]   

Tel: +44 (0)121 693 9100

Investec Bank plc (Joint Broker)

Christopher Baird

Maria Gomez de Olea

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

[email protected]

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. The Group'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.