Last checked at 17 Nov 2016 12:53
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 | Vernon Hill
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2 | Reason for the notification | |||||
a) | Position/status | Chairman (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 | In specie distribution of 390,244 ordinary shares held in Metro Bank Plc by JV Properties to be equally split between the two shareholders of which Mr Hill is one. Vernon Hill therefore received 195,122 shares in Metro Bank plc at nil consideration following the transfer of shares to be held personally in Mr Hill's name. Following this transaction, there was no change in Mr Hill's beneficial holdings in the Company's shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | n/a | ||||
e) | Date of the transaction | 2016-11-07 and 2016-11-08 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||