Holding(s) in Company

RNS Number : 9458S

Metro Bank PLC

14 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
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:			11th March 2019
6. Date on which issuer notified (DD/MM/YYYY):			13th 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	2.302%	3.719%		6.021%	97,420,458
Position of previous notification (if applicable)	3.057%	3.760%		6.818%

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		2,242,927		0%	2.302%
SUBTOTAL 8. A	2,242,927				2.302%
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		885,828		0.909%
		SUBTOTAL 8. B 1		885,828		0.909%
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 Mar 29,2019 N/A Cash Settled                 30,235 0.031% Swaps Apr 02,2019 N/A Cash Settled                 39,594 0.041% Swaps Apr 05,2019 N/A Cash Settled               251,184 0.258% Swaps Apr 15,2019 N/A Cash Settled               264,120 0.271% Swaps May 07,2019 N/A Cash Settled               152,730 0.157% Swaps May 31,2019 N/A Cash Settled                 25,406 0.026% 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 Sep 06,2019 N/A Cash Settled               979,000 1.005% Swaps Sep 16,2019 N/A Cash Settled               384,719 0.395% Swaps Sep 27,2019 N/A Cash Settled                         33 0.000% Swaps Sep 30,2019 N/A Cash Settled                 31,853 0.033% 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 Nov 04,2019 N/A Cash Settled                       663 0.001% Swaps Nov 12,2019 N/A Cash Settled                            5 0.000% Swaps Nov 18,2019 N/A Cash Settled                 32,639 0.034% Swaps Nov 29,2019 N/A Cash Settled               195,353 0.201% Swaps Dec 27,2019 N/A Cash Settled                 46,556 0.048% Swaps Jan 31,2020 N/A Cash Settled                   2,038 0.002% Swaps Apr 14,2020 N/A Cash Settled                 21,563 0.022% Swaps Apr 30,2020 N/A Cash Settled                 91,935 0.094% Swaps May 05,2020 N/A Cash Settled                 15,819 0.016% Swaps May 29,2020 N/A Cash Settled                       918 0.001% Swaps Jun 30,2020 N/A Cash Settled                   2,231 0.002% Swaps Jul 31,2020 N/A Cash Settled                   5,914 0.006% Swaps Sep 30,2020 N/A Cash Settled                   7,942 0.008% Swaps Oct 19,2020 N/A Cash Settled                 17,154 0.018% Swaps Oct 30,2020 N/A Cash Settled                       539 0.001% Swaps Dec 31,2020 N/A Cash Settled                   1,167 0.001% Swaps Jan 29,2021 N/A Cash Settled                   2,328 0.002% Swaps Feb 26,2021 N/A Cash Settled                       111 0.000% Swaps Jun 30,2021 N/A Cash Settled                   5,123 0.005% Swaps Jul 30,2021 N/A Cash Settled                   1,725 0.002% Swaps Oct 29,2021 N/A Cash Settled                 14,387 0.015% Swaps Jan 31,2022 N/A Cash Settled                 18,156 0.019% Swaps Feb 28,2022 N/A Cash Settled                 20,501 0.021% SUBTOTAL 8.B.2 2,737,304 2.810%

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 3.083% 5.377% 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	13th March 2019

 

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