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
|
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2 |
Reason for the notification |
|||||
a) |
Position/status |
Executive Director (PDMR) |
||||
b) |
Initial notification /Amendment |
Initial Notification |
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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 2021 Annual Report published on 23 March 2022, a grant of 828,667 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. |
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c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
828,667 n/a |
||||
e) |
Date of the transaction |
2022-03-31 |
||||
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 |
As detailed in the Company's 2021 Annual Report published on 23 March 2022, a grant of 704,367 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.000001, in respect of the 2021 performance year. |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
704,367 n/a |
||||
e) |
Date of the transaction |
2022-03-31 |
||||
f) |
Place of the transaction |
Outside a trading venue |