Holding(s) in Company

RNS Number : 4796Z
Metro Bank PLC
18 September 2020
 

TR-1: S tandard 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 attached ii :

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:


3. Details of person subject to the notification obligation iv

Name

JPMorgan Chase & Co.

City and country of registered office (if applicable)

Wilmington, Delaware, USA

4. Full name of shareholder(s) (if different from 3.) v

Name

J.P. Morgan Securities plc

 

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reached vi :

15 September 2020

6. Date on which issuer notified (DD/MM/YYYY):

17 September 2020

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 issuer vii

Resulting situation on the date on which threshold was crossed or reached

0.03%

6.57%

6.60%

172,420,458

Position of previous notification (if

applicable)

0.33%

6.79%

7.12%


 



 

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix

% 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


54,458


0.03%











SUBTOTAL 8. A

54,458

0.03%

 

 

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
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

Right to Recall

N/A

N/A

5,270,000

3.06%



SUBTOTAL 8. B 1

5,270,000

3.06%

 


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
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlement xii

Number of voting rights

% of voting rights

Cash-settled Equity Swap

28/09/2020

28/09/2020

Cash

100,000

0.06%

Cash-settled Equity Swap

02/12/2020

02/12/2020

Cash

16,178

0.01%

Cash-settled Equity Swap

05/01/2021

05/01/2021

Cash

14,989

0.01%

Cash-settled Equity Swap

02/02/2021

02/02/2021

Cash

3,378

0.00%

Cash-settled Equity Swap

02/03/2021

02/03/2021

Cash

206

0.00%

Cash-settled Equity Swap

06/04/2021

06/04/2021

Cash

38

0.00%

Cash-settled Equity Swap

30/04/2021

30/04/2021

Cash

544,628

0.32%

Cash-settled Equity Swap

02/06/2021

02/06/2021

Cash

2,665

0.00%

Cash-settled Equity Swap

30/06/2021

30/06/2021

Cash

2,917,248

1.69%

Cash-settled Equity Swap

02/07/2021

02/07/2021

Cash

1,065

0.00%

Cash-settled Equity Swap

03/08/2021

03/08/2021

Cash

208,656

0.12%

Cash-settled Equity Swap

24/08/2021

24/08/2021

Cash

2,145,856

1.24%

Cash-settled Equity Swap

17/09/2021

17/09/2021

Cash

6,243

0.00%

Cash-settled Equity Swap

29/09/2021

29/09/2021

Cash

1,640

0.00%

Cash-settled Equity Swap

04/10/2021

04/10/2021

Cash

54,448

0.03%

Cash-settled Equity Swap

07/02/2022

07/02/2022

Cash

25,000

0.01%

Cash-settled Equity Swap

27/05/2022

27/05/2022

Cash

9

0.00%

Cash-settled Equity Swap

14/09/2022

14/09/2022

Cash

7,564

0.00%

Cash-settled Equity Swap

04/03/2025

04/03/2025

Cash

8,262

0.00%




SUBTOTAL 8.B.2

6,058,073

3.51%

 

 

 

 

Place of completion

London, United Kingdom

Date of completion

17 September 2020

 

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