REG - Metro Bank PLC - Director/PDMR Shareholding

Metro Bank HoldingsAnnouncement

04/04/2019 09:55

RNS Number : 1374V
Metro Bank PLC
04 April 2019
 


Metro Bank plc
(the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


David Arden
 




2


Reason for the notification




a)


Position/status


Executive Director (PDMR)




b)


Initial notification /Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Metro Bank plc




b)


LEI


213800X5WU57YL9GPK89




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)


Description of the financial instrument, type of instrument
Identification code


Ordinary shares of £0.000001 pence each
 
GB00BZ6STL67




b)


Nature of the transaction


Grant of 28,800 market price Share Options, at an option price of £7.938098, in respect of the 2018 performance year under the Deferred Variable Reward Plan. The decision to award share options was taken outside of the current close period. The share options vest over up to five years. This is in line with the Company's Remuneration Policy which was approved by Shareholders in 2017.




c)


Price(s) and volume(s)


 
 



Price(s)


Volume(s)




£0


28,800



 




d)


Aggregated information
- Aggregated volume
- Price


 
28,800
£0




e)


Date of the transaction


2019-04-02




f)


Place of the transaction


Outside a trading venue



 




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