Director/PDMR Shareholding

RNS Number : 1374V
Metro Bank PLC
04 April 2019
 

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

David Arden

 

2

Reason for the notification

a)

Position/status

Executive Director (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

Grant of 28,800 market price Share Options, at an option price of £7.938098, in respect of the 2018 performance year under the Deferred Variable Reward Plan. The decision to award share options was taken outside of the current close period. The share options vest over up to five years. This is in line with the Company's Remuneration Policy which was approved by Shareholders in 2017.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£0

28,800

 

d)

Aggregated information

- Aggregated volume

- Price

 

28,800

£0

e)

Date of the transaction

2019-04-02

f)

Place of the transaction

Outside a trading venue

 


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