Director/PDMR Shareholding

RNS Number : 3216M

Metro Bank PLC

07 May 2020

 

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	As detailed in the Company's 2019 Annual Report published on 20 April 2020, a grant of 76,947 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.93, in respect of the 2019 performance year.
c)	Price(s) and volume(s)	Price(s) Volume(s) n/a 76,947
d)	Aggregated information - Aggregated volume - Price	76,947 n/a
e)	Date of the transaction	2020-03-31
f)	Place of the transaction	Outside a trading venue

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	Daniel Frumkin
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	A grant of 100,000 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.93, relating to Mr Frumkin's previous role as the Company's Chief Transformation Officer and as announced on 19 February 2020.
c)	Price(s) and volume(s)	Price(s) Volume(s) n/a 100,000
d)	Aggregated information - Aggregated volume - Price	100,00 n/a
e)	Date of the transaction	2020-03-31
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHARMITMTBMBJM