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

 

END

 

 

DSHIIMPTMBIMMLL