REG-Metro Bank Holdings PLC Board Update

Metro Bank HoldingsAnnouncement

30/11/2023 07:15

============

   Metro Bank Holdings PLC (MTRO)
   Board Update

   30-Nov-2023 / 07:05 GMT/BST

   ══════════════════════════════════════════════════════════════════════════

                                       Metro Bank Holdings PLC (LSE: MTRO LN)

                                                             30 November 2023

    

    

   Metro Bank Holdings PLC

    

   Legal Entity Identifier: 984500CDDEAD6C2EDQ64

    

    

                                  Board Update

    

   Metro Bank Holdings PLC  (“Metro Bank” or  the “Company”) today  announces
   that, having steered the Company through its turnaround plan and delivered
   the recapitalisation announced on 8 October 2023 Anne Grim, Ian  Henderson
   and Monique Melis have  decided to step down  from the Board effective  31
   December 2023.

    

   Following these changes,  the Board  (excluding the  Chair) will  comprise
   five Non-Executive  Directors,  four  of whom  are  independent,  and  two
   Executive Directors.

    

   Commenting, Robert Sharpe, Metro  Bank Chair,  said: "In  the years  which
   Anne, Ian and Monique have served the Board, the Bank has made significant
   improvements to  its risk  and control  framework and  is now  primed  for
   growth. I would like to thank each of the Directors for their contribution
   and dedicated service to Metro Bank.”

    

   Enquiries

   For more information, please contact:

   Metro Bank Investor Relations

   Jo Roberts

   +44 (0) 20 3402 8900

    1 IR@metrobank.plc.uk

    

   Metro Bank Media Relations

   Tina Coates / Mona Patel

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

    2 pressoffice@metrobank.plc.uk

    

   Teneo

   Charles Armitstead / Haya Herbert Burns

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

    3 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
    4 www.fscs.org.uk. 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.

    

   ══════════════════════════════════════════════════════════════════════════

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

   ══════════════════════════════════════════════════════════════════════════

   ISIN:           GB00BMX3W479
   Category Code:  BOA
   TIDM:           MTRO
   LEI Code:       984500CDDEAD6C2EDQ64
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   288148
   EQS News ID:    1784979


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    5 fncls.ssp?fn=show_t_gif&application_id=1784979&application_name=news&site_id=refinitiv

References

   Visible links
   1. mailto:IR@metrobank.plc.uk
   2. mailto:pressoffice@metrobank.plc.uk
   3. mailto:metrobank@teneo.com
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ac50e6f85dfb73f4fd992d1146c5a526&application_id=1784979&site_id=refinitiv&application_name=news


============