Metro Bank plc (MTRO) Director/PDMR Shareholding 03-Apr-2023 / 15:24 GMT/BST

-----------------------------------------------------------------------------------------------------------------------

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 
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 
              Description of the    Ordinary shares of GBP0.000001 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 
              Nature of the         ("Plan"), with an exercise price of GBP0.000001 for each share under the option. 
b)            transaction           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   Price(s)       Volume(s) 
              (s) 
                                    n/a            740,712 

Aggregated

information

d) - Aggregated 740,712

volume

n/a

- Price

e) Date of the 2023-03-31

transaction

f) Place of the Outside a trading venue

transaction

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 
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 
              Description of the   Ordinary shares of GBP0.000001 pence each 
              financial 
a)            instrument, type of 
              instrument 
                                   GB00BZ6STL67 
              Identification code 
                                    i. An option grant over 347,256 shares under the 2016 Deferred Variable 
                                       Reward Plan ("Plan"), with an exercise price of GBP0.000001 for each share under 
                                       the option. This option vests (i.e. is exercisable) immediately, albeit shares 
              Nature of the            are retained for 12 months following vesting. 
b)            transaction          ii. An option grant over 86,814 shares under the 2016 Deferred Variable 
                                       Reward Plan ("Plan"), with an exercise price of GBP0.000001 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. 
 
 
                                                            Price(s) Volume(s) 
c)            Price(s) and volume 
              (s)                   i.    n/a      347,256 
                                   ii.    n/a      86,814 

Aggregated

information

d) - Aggregated 434,070

volume

n/a

- Price

e) Date of the 2023-03-31

transaction

f) Place of the Outside a trading venue

transaction

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 
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 
              Description of the    Ordinary shares of GBP0.000001 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 
              Nature of the         ("Plan"), with an exercise price of GBP0.000001 for each share under the option. 
b)            transaction           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   Price(s)       Volume(s) 
              (s) 
                                    n/a            481,231 

Aggregated

information

d) - Aggregated 481,231

volume

n/a

- Price

e) Date of the 2023-03-31

transaction

f) Place of the Outside a trading venue

transaction

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 
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 
              Description of the   Ordinary shares of GBP0.000001 pence each 
              financial 
a)            instrument, type of 
              instrument 
                                   GB00BZ6STL67 
              Identification code 
                                    i. An option grant over 41,963 shares under the 2016 Deferred Variable 
                                       Reward Plan ("Plan"), with an exercise price of GBP0.000001 for each share under 
                                       the option. This option vests (i.e. is exercisable) immediately, albeit shares 
              Nature of the            are retained for 12 months following vesting. 
b)            transaction          ii. An option grant over 10,490 shares under the 2016 Deferred Variable 
                                       Reward Plan ("Plan"), with an exercise price of GBP0.000001 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. 
 
 
                                                            Price(s) Volume(s) 
c)            Price(s) and volume 
              (s)                   i.    n/a      41,963 
                                   ii.    n/a      10,490 

Aggregated

information

d) - Aggregated 52,453

volume

n/a

- Price

e) Date of the 2023-03-31

transaction

f) Place of the Outside a trading venue

transaction

----------------------------------------------------------------------------------------------------------------------- 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 
=------------------------------------------------------------------------------------
 

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1600059&application_name=news

 

(END) Dow Jones Newswires

April 03, 2023 10:24 ET (14:24 GMT)

Metro Bank (LSE:MTRO)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Metro Bank Charts.
Metro Bank (LSE:MTRO)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Metro Bank Charts.