REG-Metro Bank Holdings PLC Notice of Substitution

Metro Bank HoldingsAnnouncement

22/05/2023 08:30

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   Metro Bank Holdings PLC (MTRO)
   Notice of Substitution

   22-May-2023 / 08:16 GMT/BST

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                                 Metro Bank PLC

   Notice of the substitution of Metro Bank Holdings PLC as the new principal
                                debtor under the

     £350,000,000 Fixed Rate Reset Senior Non-Preferred Notes due 8 October
                                      2025

                               (the “2019 Notes”)

                               ISIN: XS2063492396
                             Common Code: 206349239

   22 May 2023

   Metro Bank PLC  (“Metro Bank”)  today gave notice  to the  holders of  the
   outstanding 2019 Notes issued  by Metro Bank  that, pursuant to  Condition
   18(c)(ii) of the Terms and Conditions of the 2019 Notes (the “Conditions”)
   set out  in Schedule  1 to  the Trust  Deed dated  17 September  2019  (as
   amended and restated or supplemented from time to time, the “Trust Deed”),
   with effect on and from 22 May 2023, Metro Bank Holdings PLC (“Metro  Bank
   Holdings”) was substituted  as the  new principal debtor  under the  Trust
   Deed and the 2019 Notes in the place of Metro Bank.

   Accordingly, Metro Bank was released from  any and all of its  obligations
   as principal debtor under the Trust Deed and the 2019 Notes.

   Metro Bank has requested the Financial Conduct Authority amend the listing
   of all outstanding 2019 Notes.

   Copies of the amended and restated terms and conditions of the 2019  Notes
   and the amended and restated final terms for the 2019 Notes are  available
   on Metro Bank Holdings’ website at https://www.metrobankonline.co.uk/.

   For more information, please contact:

   Metro Bank PLC Investor Relations

   Jo Roberts

   +44 (0) 20 3402 8900

   IR@metrobank.plc.uk

   Metro Bank PLC Media Relations

   Mona Patel

   +44 (0) 7815 506845

   pressoffice@metrobank.plc.uk

   No offer of any of the 2019 Notes is being made by Metro Bank and/or Metro
   Bank Holdings pursuant to this announcement or otherwise.

   Metro Bank Legal Entity Identifier (LEI) Number: 213800X5WU57YL9GPK89

   Metro   Bank   Holdings    Legal   Entity    Identifier   (LEI)    Number:
   984500CDDEAD6C2EDQ64

    

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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:  MSCM
   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.:   245178
   EQS News ID:    1637813


    
   End of Announcement EQS News Service

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