Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sir Michael Snyder

2

Reason for the notification

a)

Position/status

Non-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 0.0001 pence each

GB00BZ6STL67

b)

Nature of the transaction

Exercise of 5000 share options awarded under the 2015 Company Share Option Plan at an option price of £16.00. This relates to a historic share option award. As per the Company's Remuneration Policy share options are no longer issued to Non-Executive Directors.

c)

Currency

GBP

d)

Price(s) and volume(s)

e)

Aggregated information

- Aggregated volume

- Price

n/a

f)

Date of the transaction

2018-09-19

g)

Place of the transaction

London Stock Exchange (XLON)