1 Apr 2022 14:32
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 | 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 2021 Annual Report published on 23 March 2022, a grant of 828,667 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 |
828,667 n/a | ||||
e) | Date of the transaction | 2022-03-31 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | 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 2021 Annual Report published on 23 March 2022, a grant of 704,367 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.000001, in respect of the 2021 performance year. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
704,367 n/a | ||||
e) | Date of the transaction | 2022-03-31 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Metro Bank (MTRO)