REG-Metro Bank Holdings PLC Holding(s) in Company

Metro Bank HoldingsAnnouncement

Yesterday 17:00

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

   16-May-2025 / 16:45 GMT/BST

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             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     Country of registered
                               office                 office
   The Spruce House            Wilmington             United States of
   Partnership LLC                                    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   % of voting                 Total
                        rights        rights through  Total of    number of
            .           attached to   financial       both in %   voting
                        shares (total instruments     (8.A + 8.B) rights held
                        of 8.A)       (total of 8.B 1             in issuer
                                      + 8.B 2)
   Resulting situation
   on the date on which 10.103738     0.000000        10.103738   68000000
   threshold was
   crossed or reached
   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      Number of     Number of       % of direct % of indirect
   shares ISIN        direct voting indirect voting voting      voting rights
   code(if possible)  rights        rights          rights      (DTR5.2.1)
                      (DTR5.1)      (DTR5.2.1)      (DTR5.1)
   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                                   Number of voting rights   % of
   financial  Expiration Exercise/conversion that may be acquired if   voting
   instrument date       period              the instrument is         rights
                                             exercised/converted
                                                                        
   Sub Total                                                            
   8.B1

   8B2. Financial Instruments with similar economic effect according to
   (DTR5.3.1R.(1) (b))

                                                    Physical or Number % of
   Type of financial Expiration Exercise/conversion cash        of     voting
   instrument        date       period              settlement  voting rights
                                                                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)

                                    % of voting  % of voting     Total of
                                    rights if it rights through  both if it
                        Name of     equals or is financial       equals or is
   Ultimate controlling controlled  higher than  instruments if  higher than
   person               undertaking the          it equals or is the
                                    notifiable   higher than the notifiable
                                    threshold    notifiable      threshold
                                                 threshold
   Ben Stein and Zach
   Sternberg as
   joint-controllers of             10.103738                    10.103738%
   Spruce House
   Investment
   Management LLC
   Spruce House
   Investment                       10.103738                    10.103738%
   Management LLC

   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

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

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   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

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