Director/PDMR Shareholding

RNS Number : 6300A
Metro Bank PLC
02 June 2021
 

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 2020 Annual Report published on 24 March 2021, a grant of 369,893 options under the 2021 Long Term Incentive Plan, each with an option price of £0.000001, a share incentive plan with forward-looking performance conditions.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

n/a

369,893

 

d)

Aggregated information

- Aggregated volume

- Price

 

369,893

n/a

e)

Date of the transaction

2021-06-01

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

As detailed in the Company's 2020 Annual Report published on 24 March 2021, a grant of 675,799 options under the 2021 Long Term Incentive Plan, each with an option price of £0.000001, a share incentive plan with forward-looking performance conditions.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

n/a

675,799

 

d)

Aggregated information

- Aggregated volume

- Price

 

675,799

n/a

e)

Date of the transaction

2021-06-01

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

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 2020 Annual Report published on 24 March 2021, a grant of 263,897 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.000001, in respect of the 2020 performance year.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

n/a

263,897

 

d)

Aggregated information

- Aggregated volume

- Price

 

263,897

n/a

e)

Date of the transaction

2021-06-01

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

As detailed in the Company's 2020 Annual Report published on 24 March 2021, a grant of 477,821 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.000001, in respect of the 2020 performance year.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

n/a

477,821

 

d)

Aggregated information

- Aggregated volume

- Price

 

477,821

n/a

e)

Date of the transaction

2021-06-01

f)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFTMITMTJMBMB
UK 100