REG - Metro Bank Holdings - Board Appointment

Metro Bank HoldingsAnnouncement

24/01/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240124:nRSX7462Aa&default-theme=true

RNS Number : 7462A  Metro Bank Holdings PLC  24 January 2024

 
 
   Metro Bank Holdings PLC (LSE: MTRO LN)

24 January 2024

 

 

Metro Bank Holdings PLC

 

Legal Entity Identifier: 984500CDDEAD6C2EDQ64

 

 

Board Appointment

 

Metro Bank announces that Jaime Gilinski Bacal will join the Board as a
Non-executive Director. The appointment will become effective once the
necessary formalities are completed.

 

Jaime has a 52.88% shareholding in Metro Bank through his Spaldy Investments
Limited vehicle. As previously disclosed, pursuant to the relationship
agreement entered into in regard to the Capital Package in 2023, Spaldy
Investments and Jaime Gilinski Bacal are entitled to appoint up to three
directors in total to the Board.

 

Jaime Gilinski Bacal holds a number of investments in financial institutions
and real estate, primarily in Latin America and the United States. Jaime
Gilinski Bacal's other investments include controlling interests in Banco GNB
Sudameris, Banco GNB Peru, Banco GNB Paraguay and Lulo Bank, and significant
shareholdings in Grupo Sura S.A. and Grupo Nutresa S.A.

 

Robert Sharpe, Chair of Metro Bank, said: "Jaime's appointment underscores the
commitment he has long shown to the bank as a supportive, long-term
shareholder.  He brings decades of banking expertise and experience which
will prove invaluable on the next stage of the bank's journey."

 

Jaime Gilinski Bacal, founder of Spaldy Investments Limited,
commented: "There are many opportunities for Metro Bank to grow and I am
looking forward to playing a part in the evolution of the bank as we build on
the solid foundational work undertaken to date.  A customer-centric physical
presence complemented by digital capabilities remains a unique offering and
sets Metro Bank apart."

 

The Company confirms that there are no other matters requiring disclosure
pursuant to LR 9.6.13R (1) to (6) in respect of the appointment.

 

The information contained within this announcement is deemed by the Group to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 (which forms part of UK law pursuant to the European Union
(Withdrawal) Act 2018) and was authorised for release by Clare Gilligan,
Company Secretary.

 

 

Enquiries

For more information, please contact:

Metro Bank Investor Relations

Jo Roberts

+44 (0) 20 3402 8900

IR@metrobank.plc.uk (mailto:IR@metrobank.plc.uk)

 

Metro Bank Media Relations

Tina Coates / Mona Patel

+44 (0) 7811 246016 / +44 (0) 7815 506845

pressoffice@metrobank.plc.uk (mailto:pressoffice@metrobank.plc.uk)

 

Teneo

Charles Armitstead / Haya Herbert Burns

+44 (0)7703 330269 / +44 (0) 7342 031051

metrobank@teneo.com (mailto:metrobank@teneo.com)

 

 

ENDS

 

About Metro Bank

 

Metro Bank services 2.8 million customer accounts and is celebrated for its
exceptional customer experience. It remains one of the highest rated high
street banks for overall service quality for personal customers and the best
bank for service in-store for personal and business customers, in the
Competition and Markets Authority's Service Quality Survey in August 2023.
Metro Bank has also been awarded "2023 Best Lender of the Year - UK" in the
M&A Today, Global Awards, "Best Mortgage Provider of the Year" in 2022
MoneyAge Mortgage Awards, "Best Business Credit Card" in 2022 Moneynet
Personal Finance Awards, "Best Business Credit Card 2022", Forbes Advisor,
"Best Current Account for Overseas Use" by Forbes 2022 and accredited as a top
ten Most Loved Workplace 2023.  It was "Banking Brand of The Year" at the
Moneynet Personal Finance Awards 2021 and received the Gold Award in the Armed
Forces Covenant's Employer Recognition Scheme 2021.

 

The community bank offers retail, business, commercial and private banking
services, and prides itself on giving customers the choice to bank however,
whenever and wherever they choose, and supporting the customers and
communities it serves. Whether that's through its network of 76 stores open
seven days a week, 362 days a year; on the phone through its UK-based contact
centres; or online through its internet banking or award-winning mobile app,
the bank offers customers real choice.

 

Metro Bank Holdings PLC (registered in England and Wales with company number
14387040, registered office: One Southampton Row, London, WC1B 5HA) is the
listed entity and holding company of Metro Bank plc.

 

Metro Bank plc (registered in England and Wales with company number 6419578,
registered office: One Southampton Row, London, WC1B 5HA) is authorised by the
Prudential Regulation Authority and regulated by the Financial Conduct
Authority and Prudential Regulation Authority. 'Metrobank' is a registered
trademark of Metro Bank plc.  Eligible deposits are protected by the
Financial Services Compensation Scheme. For further information about the
Scheme refer to the FSCS website www.fscs.org.uk
(https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.fscs.org.uk%2F&data=05%7C01%7CJulie.Urquhart%40metrobank.plc.uk%7Cde50b4dca4f745eee7ac08db89c96190%7C5951f0387ac944db87267818d4143d8d%7C0%7C0%7C638255270245879892%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=4QsMn%2BYmY5Ua3SQeLreCZHp5C%2FGAtyKFUZf8TXdzhVI%3D&reserved=0)
. All Metro Bank products are subject to status and approval.

 

Metro Bank is an independent UK bank - it is not affiliated with any other
bank or organisation (including the METRO newspaper or its publishers)
anywhere in the world. Please refer to Metro Bank using the full name.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAGLGDBCUDDGSS