REG-Metro Bank plc Director/PDMR Shareholding
03/04/2023 15:30
============
Metro Bank plc (MTRO)
Director/PDMR Shareholding
03-Apr-2023 / 15:24 GMT/BST
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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
Daniel Frumkin
a) Name
2 Reason for the notification
a) Position/status Executive Director (PDMR)
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Metro Bank plc
b) LEI 213800X5WU57YL9GPK89
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the Ordinary shares of £0.000001 pence each
financial instrument,
a) type of instrument
Identification code GB00BZ6STL67
An option grant over 740,712 shares under the
2021 Long Term Incentive Plan (“Plan”), with
an exercise price of £0.000001 for each share
b) Nature of the transaction under the option. Background on the share
plan, including details of the performance
conditions and vesting periods, is set out in
the Company’s 2022 Annual Report (pages 153
and 164).
c) Price(s) and volume(s)
Price(s) Volume(s)
n/a 740,712
Aggregated information
d) - Aggregated volume 740,712
- Price n/a
e) Date of the transaction 2023-03-31
f) Place of the transaction Outside a trading venue
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
Daniel Frumkin
a) Name
2 Reason for the notification
a) Position/status Executive Director (PDMR)
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Metro Bank plc
b) LEI 213800X5WU57YL9GPK89
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the Ordinary shares of £0.000001 pence each
financial instrument,
a) type of instrument
Identification code GB00BZ6STL67
i. An option grant over 347,256 shares under
the 2016 Deferred Variable Reward Plan
(“Plan”), with an exercise price of
£0.000001 for each share under the option.
This option vests (i.e. is exercisable)
immediately, albeit shares are retained for
12 months following vesting.
b) Nature of the ii. An option grant over 86,814 shares under
transaction the 2016 Deferred Variable Reward Plan
(“Plan”), with an exercise price of
£0.000001 for each share under the option.
This option vests in five equal annual
instalments, starting after the third
anniversary following grant. On each
vesting any shares are retained for 12
months.
c) Price(s) and volume(s) Price(s) Volume(s)
i. n/a 347,256
ii. n/a 86,814
Aggregated information
d) - Aggregated volume 434,070
- Price n/a
e) Date of the transaction 2023-03-31
f) Place of the transaction Outside a trading venue
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
James Hopkinson
a) Name
2 Reason for the notification
a) Position/status Executive Director (PDMR)
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Metro Bank plc
b) LEI 213800X5WU57YL9GPK89
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the Ordinary shares of £0.000001 pence each
financial instrument,
a) type of instrument
Identification code GB00BZ6STL67
An option grant over 481,231 shares under the
2021 Long Term Incentive Plan (“Plan”), with
an exercise price of £0.000001 for each share
b) Nature of the transaction under the option. Background on the share
plan, including details of the performance
conditions and vesting periods, is set out in
the Company’s 2022 Annual Report (pages 153
and 164).
c) Price(s) and volume(s)
Price(s) Volume(s)
n/a 481,231
Aggregated information
d) - Aggregated volume 481,231
- Price n/a
e) Date of the transaction 2023-03-31
f) Place of the transaction Outside a trading venue
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
James Hopkinson
a) Name
2 Reason for the notification
a) Position/status Executive Director (PDMR)
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Metro Bank plc
b) LEI 213800X5WU57YL9GPK89
Details of the transaction(s): section to be repeated for (i) each type
4 of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
Description of the Ordinary shares of £0.000001 pence each
financial instrument,
a) type of instrument
Identification code GB00BZ6STL67
i. An option grant over 41,963 shares under
the 2016 Deferred Variable Reward Plan
(“Plan”), with an exercise price of
£0.000001 for each share under the option.
This option vests (i.e. is exercisable)
immediately, albeit shares are retained for
12 months following vesting.
b) Nature of the ii. An option grant over 10,490 shares under
transaction the 2016 Deferred Variable Reward Plan
(“Plan”), with an exercise price of
£0.000001 for each share under the option.
This option vests in five equal annual
instalments, starting after the third
anniversary following grant. On each
vesting any shares are retained for 12
months.
c) Price(s) and volume(s) Price(s) Volume(s)
i. n/a 41,963
ii. n/a 10,490
Aggregated information
d) - Aggregated volume 52,453
- Price n/a
e) Date of the transaction 2023-03-31
f) Place of the transaction Outside a trading venue
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
ISIN: GB00BZ6STL67
Category Code: DSH
TIDM: MTRO
LEI Code: 213800X5WU57YL9GPK89
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 234616
EQS News ID: 1600059
End of Announcement EQS News Service
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