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Secure Trust Bank ( (GB:STB) ) has issued an update.
Secure Trust Bank PLC has announced a notification regarding a major shareholding change. Premier Miton Group plc has increased its voting rights in the company from 4.315594% to 5.972243% as of February 5, 2025. This development signifies a strategic move by Premier Miton Group, potentially influencing STB’s governance and future decisions, and highlights ongoing interest in STB’s financial operations.
More about Secure Trust Bank
Secure Trust Bank PLC (STB) is a UK-based retail bank with over 70 years of trading history. Operating primarily from its head office in Solihull, West Midlands, it employs 897 full-time equivalent employees as of September 2024. STB focuses on business finance through its Real Estate Finance and Commercial Finance divisions, and consumer finance through its Vehicle Finance and Retail Finance divisions. The bank is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
YTD Price Performance: 22.38%
Average Trading Volume: 168,031
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £83.53M
Learn more about STB stock on TipRanks’ Stock Analysis page.