Metro Bank Holdings PLC Holding(s) in Company

Metro Bank Holdings

16/05/2025 16:45

Metro Bank Holdings PLC (MTRO)
 Holding(s) in Company

16-May-2025 / 16:45 GMT/BST
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMX3W479
Issuer Name
METRO BANK HOLDINGS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Spruce House Investment Management
City of registered office (if applicable)
New York
Country of registered office (if applicable)
USA
4. Details of the shareholder
Name
City of registered office
Country of registered office
The Spruce House Partnership LLC
Wilmington
United States of America

5. Date on which the threshold was crossed or reached
15-May-2025
6. Date on which Issuer notified
16-May-2025
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 held in issuer
Resulting situation on the date on which threshold was crossed or reached
10.103738
0.000000
10.103738
68000000
Position of previous notification (if applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
GB00BMX3W479
68000000
0
10.103738
0.000000
Sub Total 8.A
68000000
10.103738%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
Sub Total 8.B2
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
Ultimate controlling person
Name of controlled undertaking
% 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
Ben Stein and Zach Sternberg as joint-controllers of Spruce House Investment Management LLC
10.103738
10.103738%
Spruce House Investment Management LLC
10.103738
10.103738%
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Based on 673,018,224 ordinary shares outstanding as of 30 April 2025.

The Spruce House Partnership LLC (SH) is an aggregating entity to its sole member funds: The Spruce House Partnership (AI) LP and The Spruce House Partnership (QP) LP - the general partner of both funds is Spruce House Capital LLC (itself controlled equally by Ben Stein and Zach Sternberg).

The voting rights (or deemed voting rights) attached to the positions held by SH are exercised by Spruce House Investment Management LLC, which is controlled equally by Ben Stein and Zach Sternberg.
12. Date of Completion
16-May-2025
13. Place Of Completion
New York, United States of America

 Dissemination of a Regulatory Announcement, transmitted by EQS Group.
 The issuer is solely responsible for the content of this announcement.

ISIN:
GB00BMX3W479
Category Code:
HOL
TIDM:
MTRO
LEI Code:
984500CDDEAD6C2EDQ64
OAM Categories:
2.3. Major shareholding notifications
Sequence No.:
388962
EQS News ID:
2139878



End of Announcement
EQS News Service