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MTRO Metro Bank Holdings News Story

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REG - Metro Bank PLC - METRO BANK PLC COMMENCEMENT OF CONDITIONAL DEALING <Origin Href="QuoteRef">MTRO.L</Origin>

RNS Number : 1807R
Metro Bank PLC
07 March 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

This announcement is an advertisement for the purposes of the Prospectus Rules of the UK Financial Conduct Authority ("FCA") and is not a prospectus. Investors should not purchase any transferable securities referred to in this announcement except on the basis of information in the prospectus (the "Prospectus") expected to be published by Metro Bank PLC("Metro Bank" or the "Company")on 7 March 2016 in connection with the proposed admission of its ordinary shares (the "Shares") to the premium listing segment of the Official List of the FCA and to trading on the main market for listed securities of the London Stock Exchange plc (the "London Stock Exchange").Copies of the Prospectus will, following publication, be available for inspection from the Company's registered office at One Southampton Row, London WC1B 5HA and from the Company's website www.metrobankonline.co.uk subject to applicable securities laws.

METRO BANK PLC
ANNOUNCEMENT OF COMMENCEMENT OF CONDITIONAL DEALING

FOR IMMEDIATE RELEASE

7th March 2016: Further to its announcement on 4 March 2016, Metro Bank PLC ("Metro Bank") is pleased to announce that conditional dealings in its shares on the London Stock Exchange plc will commence from 8.00 a.m. today, 7 March 2016 under the ticker "MTRO".

Metro Bank expects to publish its Prospectus relating to the proposed admission of Metro Bank's shares to the premium listing segment of the Official List of the FCA and to trading on the main market of the London Stock Exchange later today and will make a further announcement once the Prospectus has been published.

Enquiries

Metro Bank plc 020 3402 8423

Peter Murray (Press) 07900 366 706

Jo Roberts (Investors) 020 3402 8900

Lansons (Public Relations Agency)

Tom Baldock 0207 566 9716 / 07860 101715

Alice Stevens 020 7566 9705 / 07530 609616

Sole Sponsor

RBC Capital Markets 020 7653 4000

Joshua Critchley

Oliver Hearsey

Rupert Walford

Ema Jakasovic

About Metro Bank

Metro Bank operates retail hours, not banking hours. It is open seven days a week (8am- 8pm Monday to Friday, 8am - 6pm Saturday, 11am - 5pm Sunday and bank holidays), every day of the year apart from Easter Sunday, Christmas Day and New Year's Day.

Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. 'Metrobank' is the registered trade mark of Metro Bank PLC. Metro Bank is authorised by the Prudential Regulation Authority (the "PRA") and regulated by the Financial Conduct Authority (the "FCA") and PRA. Most relevant deposits are protected by the Financial Services Compensation Scheme ("FSCS"). For further information about the Scheme refer to the FSCS website www.fscs.org.uk.

All Metro Bank products are subject to status and approval.

Metro Bank PLC is an independent UK bank - it is not affiliated with any other bank or organisation (including the METRO newspaper or its publishers) anywhere in the world. Please refer to Metro Bank using the full name.

Disclaimer

The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), or any securities laws of any state or other jurisdiction of the United States, and may not be offered or sold within the United States unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable state law. There will be no public offer of the securities in the United States.

This announcement does not constitute or form part of, and should not be construed as, any offer, invitation, solicitation or recommendation to purchase or sell any securities of the Company in any jurisdiction and neither the issue of the information nor anything contained herein shall form the basis of or be relied upon in connection with, or act as an inducement to enter into, any investment activity. This announcement does not purport to contain, and is made available on the express understanding that it does not contain, all of the information that may be required to evaluate any investment in the Company or any of its securities and should not be relied upon to form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The merit and suitability of an investment in the Company should be independently evaluated and any person considering such an investment in the Company is advised to obtain independent advice as to the legal, tax, accounting, financial, credit and other related advice prior to making an investment.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy, the securities referred to herein to any person in any jurisdiction, including the United States, Australia, Canada or Japan or in any other jurisdiction in which such offer or solicitation is unlawful. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada, Japan or South Africa or to, or for the account or benefit of, any national resident or citizen of Australia, Canada, Japan or South Africa. There will be no public offer of the securities in Australia, Canada, Japan or South Africa.

RBC Capital Markets was appointed as sole sponsor to the Company in connection with the proposed admission of Metro Bank's shares to the premium listing segment of the Official List of the FCA and to trading on the main market of the London Stock Exchange ("Admission"). RBC is authorised by the Prudential Regulation Authority (the "PRA") and regulated in the United Kingdom by the PRA and the FCA. RBC is acting exclusively for the Company and no one else in connection with Admission. RBC will not regard any other person (whether or not a recipient of this announcement or the Prospectus) as a client and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for the giving of advice in relation to Admission or the Prospectus.

The date of Admission may be influenced by things such as market conditions. There is no guarantee that Admission will occur and you should not base your financial decisions on the Company's intentions in relation to Admission at this stage. Acquiring investments to which this announcement relates may expose an investor to a significant risk of losing all of the amount invested. Persons considering making such investments should consult an authorised person specialising in advising on such investments. This announcement does not constitute a recommendation concerning any offering. The value of shares can decrease as well as increase. Potential investors should consult a professional advisor as to the suitability of the securities for the person concerned.

Neither RBC nor any of its directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for/or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.


This information is provided by RNS
The company news service from the London Stock Exchange
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