Holding(s) in Company

RNS Number : 5163S

Metro Bank PLC

11 March 2019

 

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			METRO BANK PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments						X
An event changing the breakdown of voting rights
Other (please specify)iii: Placing of new ordinary shares
3. Details of person subject to the notification obligationiv
Name			Bank of America Corporation
City and country of registered office (if applicable)			Wilmington, DE, United States
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			1st March 2019
6. Date on which issuer notified (DD/MM/YYYY):			8th March 2019
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	2.522%	4.380%		6.902%	97,420,458
Position of previous notification (if applicable)	2.726%	4.350%		7.076%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix				% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BZ6STL67	0		2,456,871		0%	2.522%
SUBTOTAL 8. A	2,456,871				2.522%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument	Expiration datex	Exercise/ Conversion Periodxi		Number of voting rights that may be acquired if the instrument is exercised/converted.		% of voting rights
Right to Recall	N/A	N/A		899,536		0.923%
		SUBTOTAL 8. B 1		899,536		0.923%
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of financial instrument Expiration datex Exercise/ Conversion Period xi Physical or cash settlementxii Number of voting rights % of voting rights Swaps Apr 30, 2020 N/A Cash Settled 1,859 0.002% Swaps Dec 31, 2020 N/A Cash Settled 1,167 0.001% Swaps Feb 26, 2021 N/A Cash Settled 111 0.000% Swaps Feb 28, 2022 N/A Cash Settled 20,501 0.021% Swaps Jan 29, 2021 N/A Cash Settled 2,328 0.002% Swaps Jan 31, 2020 N/A Cash Settled 2,038 0.002% Swaps Jan 31, 2022 N/A Cash Settled 18,156 0.019% Swaps Jul 30, 2021 N/A Cash Settled 1,725 0.002% Swaps Jul 31, 2020 N/A Cash Settled 5,914 0.006% Swaps Jun 30, 2020 N/A Cash Settled 2,231 0.002% Swaps Jun 30, 2021 N/A Cash Settled 5,123 0.005% Swaps Mar 29, 2019 N/A Cash Settled 6,684 0.007% Swaps May 29, 2020 N/A Cash Settled 918 0.001% Swaps Nov 04, 2019 N/A Cash Settled 663 0.001% Swaps Nov 12, 2019 N/A Cash Settled 5 0.000% Swaps Oct 03, 2019 N/A Cash Settled 23 0.000% Swaps Oct 07, 2019 N/A Cash Settled 1,081 0.001% Swaps Oct 11, 2019 N/A Cash Settled 23 0.000% Swaps Oct 15, 2019 N/A Cash Settled 2,848 0.003% Swaps Oct 17, 2019 N/A Cash Settled 417 0.000% Swaps Oct 21, 2019 N/A Cash Settled 1,089 0.001% Swaps Oct 24, 2019 N/A Cash Settled 88 0.000% Swaps Oct 25, 2019 N/A Cash Settled 873 0.001% Swaps Oct 28, 2019 N/A Cash Settled 23,225 0.024% Swaps Oct 29, 2021 N/A Cash Settled 14,387 0.015% Swaps Oct 30, 2020 N/A Cash Settled 539 0.001% Swaps Sep 06, 2019 N/A Cash Settled 489,500 0.502% Swaps Sep 16, 2019 N/A Cash Settled 2,219 0.002% Swaps Sep 27, 2019 N/A Cash Settled 33 0.000% Swaps Sep 30, 2019 N/A Cash Settled 5,923 0.006% Swaps Sep 30, 2020 N/A Cash Settled 7,942 0.008% Swaps Apr 02, 2019 N/A Cash Settled 39,594 0.041% Swaps Apr 05, 2019 N/A Cash Settled 251,278 0.258% Swaps Apr 15, 2019 N/A Cash Settled 522,765 0.537% Swaps Apr 30, 2020 N/A Cash Settled 88,890 0.091% Swaps Aug 26, 2020 N/A Cash Settled 2,359 0.002% Swaps Dec 27, 2019 N/A Cash Settled 46,556 0.048% Swaps Feb 15, 2023 N/A Cash Settled 348,111 0.357% Swaps Jun 13, 2019 N/A Cash Settled 2,026 0.002% Swaps Jun 28, 2019 N/A Cash Settled 41,970 0.043% Swaps Mar 06, 2019 N/A Cash Settled 160,614 0.165% Swaps Mar 11, 2019 N/A Cash Settled 22,749 0.023% Swaps Mar 29, 2019 N/A Cash Settled 23,551 0.024% Swaps May 05, 2020 N/A Cash Settled 15,819 0.016% Swaps May 31, 2019 N/A Cash Settled 25,406 0.026% Swaps Nov 18, 2019 N/A Cash Settled 50,833 0.052% Swaps Nov 29, 2019 N/A Cash Settled 188,749 0.194% Swaps Oct 19, 2020 N/A Cash Settled 17,154 0.018% Swaps Sep 06, 2019 N/A Cash Settled 489,500 0.502% Swaps Sep 16, 2019 N/A Cash Settled 382,500 0.393% Swaps Sep 30, 2019 N/A Cash Settled 27,813 0.029% SUBTOTAL 8.B.2 3,367,870 3.457%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)		X
Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Bank of America Corporation N/A N/A N/A NB Holdings Corporation N/A N/A N/A BofAML Jersey Holdings Limited N/A N/A N/A BofAML EMEA Holdings 2 Limited N/A N/A N/A ML UK Capital Holdings Limited N/A N/A N/A Merrill Lynch International N/A 3.744% 6.258% Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Bank of America Corporation N/A N/A N/A NB Holdings Corporation N/A N/A N/A BAC North America Holding Company N/A N/A N/A BANA Holding Corporation N/A N/A N/A Bank of America, National Association N/A N/A N/A Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Bank of America Corporation N/A N/A N/A NB Holdings Corporation N/A N/A N/A BAC North America Holding Company N/A N/A N/A Merrill Lynch, Pierce, Fenner & Smith Incorporated N/A N/A N/A
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi

Place of completion	United Kingdom
Date of completion	8th March 2019

 

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