Director/PDMR Shareholding

RNS Number : 4870P

Metro Bank PLC

17 November 2016

 

Metro Bank plc

(the "Company")

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Vernon Hill
2	Reason for the notification
a)	Position/status	Chairman (PDMR)
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Metro Bank Plc
b)	LEI	213800X5WU57YL9GPK89
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.000001 pence each GB00BZ6STL67
b)	Nature of the transaction	In specie distribution of 390,244 ordinary shares held in Metro Bank Plc by JV Properties to be equally split between the two shareholders of which Mr Hill is one. Vernon Hill therefore received 195,122 shares in Metro Bank plc at nil consideration following the transfer of shares to be held personally in Mr Hill's name. Following this transaction, there was no change in Mr Hill's beneficial holdings in the Company's shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 195,122
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	2016-11-07 and 2016-11-08
f)	Place of the transaction	London Stock Exchange (XLON)

 

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