REG - Metro Bank PLC Bank of America Corp - Holding(s) in Company

Metro Bank HoldingsAnnouncement

14/03/2019 17:25

RNS Number : 9458S
Metro Bank PLC
14 March 2019
 


TR-1: Standard form for notification of major holdings
 



NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i










1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:


METRO BANK PLC




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)




Non-UK issuer








2. Reason for the notification (please mark the appropriate box or boxes with an "X")




An acquisition or disposal of voting rights


X




An acquisition or disposal of financial instruments








An event changing the breakdown of voting rights








Other (please specify)iii: Placing of new ordinary shares








3. Details of person subject to the notification obligationiv




Name


Bank of America Corporation




City and country of registered office (if applicable)


Wilmington, DE, United States




4. Full name of shareholder(s) (if different from 3.)v




Name








City and country of registered office (if applicable)








5. Date on which the threshold was crossed or reachedvi:


11th March 2019




6. Date on which issuer notified (DD/MM/YYYY):


13th March 2019




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 of issuervii




Resulting situation on the date on which threshold was crossed or reached


2.302%


3.719%


6.021%


                  97,420,458
 




Position of previous notification (if
applicable)


3.057%


3.760%


6.818%
















 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii




A: Voting rights attached to shares




Class/type of

shares
ISIN code (if possible)


Number of voting rightsix


% of voting rights




Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)




 
GB00BZ6STL67
 


0


  
      2,242,927
 


0%


2.302%
















































SUBTOTAL 8. A


      2,242,927


2.302%




 
 




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))




Type of financial instrument


Expiration

datex


Exercise/

Conversion Periodxi


Number of voting rights that may be acquired if the instrument is
exercised/converted.


% of voting rights




Right to Recall


 
N/A


 
N/A


 
885,828
 


 
0.909%
 














































































SUBTOTAL 8. B 1


 
885,828
 


 
0.909%
 













 
 




B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))




Type of financial instrument


Expiration

datex


Exercise/

Conversion Period xi


Physical or cash
settlementxii


Number of voting rights


% of voting rights




Swaps


Mar 29,2019


N/A


Cash Settled


                30,235


0.031%




Swaps


Apr 02,2019


N/A


Cash Settled


                39,594


0.041%




Swaps


Apr 05,2019


N/A


Cash Settled


              251,184


0.258%




Swaps


Apr 15,2019


N/A


Cash Settled


              264,120


0.271%




Swaps


May 07,2019


N/A


Cash Settled


              152,730


0.157%




Swaps


May 31,2019


N/A


Cash Settled


                25,406


0.026%




Swaps


Jun 13,2019


N/A


Cash Settled


                  2,026


0.002%




Swaps


Jun 28,2019


N/A


Cash Settled


                41,970


0.043%




Swaps


Sep 06,2019


N/A


Cash Settled


              979,000


1.005%




Swaps


Sep 16,2019


N/A


Cash Settled


              384,719


0.395%




Swaps


Sep 27,2019


N/A


Cash Settled


                        33


0.000%




Swaps


Sep 30,2019


N/A


Cash Settled


                31,853


0.033%




Swaps


Oct 03,2019


N/A


Cash Settled


                        23


0.000%




Swaps


Oct 07,2019


N/A


Cash Settled


                  1,081


0.001%




Swaps


Oct 11,2019


N/A


Cash Settled


                        23


0.000%




Swaps


Oct 15,2019


N/A


Cash Settled


                  2,848


0.003%




Swaps


Oct 17,2019


N/A


Cash Settled


                      417


0.000%




Swaps


Oct 21,2019


N/A


Cash Settled


                  1,089


0.001%




Swaps


Oct 24,2019


N/A


Cash Settled


                        88


0.000%




Swaps


Oct 25,2019


N/A


Cash Settled


                      873


0.001%




Swaps


Oct 28,2019


N/A


Cash Settled


                23,225


0.024%




Swaps


Nov 04,2019


N/A


Cash Settled


                      663


0.001%




Swaps


Nov 12,2019


N/A


Cash Settled


                           5


0.000%




Swaps


Nov 18,2019


N/A


Cash Settled


                32,639


0.034%




Swaps


Nov 29,2019


N/A


Cash Settled


              195,353


0.201%




Swaps


Dec 27,2019


N/A


Cash Settled


                46,556


0.048%




Swaps


Jan 31,2020


N/A


Cash Settled


                  2,038


0.002%




Swaps


Apr 14,2020


N/A


Cash Settled


                21,563


0.022%




Swaps


Apr 30,2020


N/A


Cash Settled


                91,935


0.094%




Swaps


May 05,2020


N/A


Cash Settled


                15,819


0.016%




Swaps


May 29,2020


N/A


Cash Settled


                      918


0.001%




Swaps


Jun 30,2020


N/A


Cash Settled


                  2,231


0.002%




Swaps


Jul 31,2020


N/A


Cash Settled


                  5,914


0.006%




Swaps


Sep 30,2020


N/A


Cash Settled


                  7,942


0.008%




Swaps


Oct 19,2020


N/A


Cash Settled


                17,154


0.018%




Swaps


Oct 30,2020


N/A


Cash Settled


                      539


0.001%




Swaps


Dec 31,2020


N/A


Cash Settled


                  1,167


0.001%




Swaps


Jan 29,2021


N/A


Cash Settled


                  2,328


0.002%




Swaps


Feb 26,2021


N/A


Cash Settled


                      111


0.000%




Swaps


Jun 30,2021


N/A


Cash Settled


                  5,123


0.005%




Swaps


Jul 30,2021


N/A


Cash Settled


                  1,725


0.002%




Swaps


Oct 29,2021


N/A


Cash Settled


                14,387


0.015%




Swaps


Jan 31,2022


N/A


Cash Settled


                18,156


0.019%




Swaps


Feb 28,2022


N/A


Cash Settled


                20,501


0.021%
















SUBTOTAL 8.B.2


 
2,737,304
 


2.810%


































 



9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii








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 entityxiv (please add additional rows as necessary)


X




 



Namexv


% 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




Bank of America Corporation


N/A


N/A


N/A




NB Holdings Corporation


N/A


N/A


N/A
 
 




BofAML Jersey Holdings Limited


N/A


N/A


N/A




BofAML EMEA Holdings 2 Limited


N/A


N/A


N/A




ML UK Capital Holdings Limited


N/A


N/A


N/A




Merrill Lynch International


N/A


3.083%


5.377%



 
 
 
 
 
 
 



Namexv


% 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




Bank of America Corporation


N/A


N/A


N/A




NB Holdings Corporation


N/A


N/A


N/A
 
 




BAC North America Holding Company


N/A


N/A


N/A




BANA Holding Corporation


N/A


N/A


N/A




Bank of America, National Association


N/A


N/A


N/A



 



Namexv


% 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




Bank of America Corporation


N/A


N/A


N/A




NB Holdings Corporation


N/A


N/A


 
N/A
 




BAC North America Holding Company


N/A


N/A


N/A




Merrill Lynch, Pierce, Fenner & Smith Incorporated


N/A


N/A


N/A



 
 




10. In case of proxy voting, please identify:




Name of the proxy holder








The number and % of voting rights held








The date until which the voting rights will be held














11. Additional informationxvi














 



Place of completion


United Kingdom




Date of completion


13th March 2019



 




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 or visit www.rns.com.
 
END
 
 
HOLDZLFFKXFLBBX