Metro Bank Regulatory News (MTRO)

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

As detailed in the Company's 2020 Annual Report published on 24 March 2021, a grant of 369,893 options under the 2021 Long Term Incentive Plan, each with an option price of £0.000001, a share incentive plan with forward-looking performance conditions.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

369,893

n/a

e)

Date of the transaction

2021-06-01

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Frumkin

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

As detailed in the Company's 2020 Annual Report published on 24 March 2021, a grant of 675,799 options under the 2021 Long Term Incentive Plan, each with an option price of £0.000001, a share incentive plan with forward-looking performance conditions.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

675,799

n/a

e)

Date of the transaction

2021-06-01

f)

Place of the transaction

Outside a trading venue

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

As detailed in the Company's 2020 Annual Report published on 24 March 2021, a grant of 263,897 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.000001, in respect of the 2020 performance year.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

263,897

n/a

e)

Date of the transaction

2021-06-01

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Frumkin

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

As detailed in the Company's 2020 Annual Report published on 24 March 2021, a grant of 477,821 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.000001, in respect of the 2020 performance year.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

477,821

n/a

e)

Date of the transaction

2021-06-01

f)

Place of the transaction

Outside a trading venue