Metro Bank Regulatory News (MTRO)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Craig Donaldson

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 2016 Annual Report published on 23 March 2017, a grant of 50,456 options under the 2016 Deferred Variable Reward Plan and a grant of 16,819 Bonus Exchange Options pursuant to the Company's Bonus Exchange scheme under the 2016 Deferred Variable Reward Plan, each with an option price of £32.73.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

67,275

£32.73

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mike Brierley

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 2016 Annual Report published on 23 March 2017, a grant of 23,625 options under the 2016 Deferred Variable Reward Plan and a grant of 7,875 Bonus Exchange Options pursuant to the Company's Bonus Exchange scheme under the 2016 Deferred Variable Reward Plan, each with an option price of £32.73.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

31,500

£32.73

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

Outside a trading venue