TIDMMTRO

RNS Number : 0064H

Metro Bank PLC

01 April 2022

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       Initial Notification 
       /Amendment 
     -------------------------  --------------------------------------------------- 
 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             Ordinary shares of GBP0.000001 pence each 
       the financial 
       instrument, type           GB00BZ6STL67 
       of instrument 
       Identification 
       code 
     -------------------------  --------------------------------------------------- 
 b)   Nature of the              As detailed in the Company's 2021 Annual 
       transaction                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 GBP0.000001, a share incentive 
                                  plan with forward-looking performance conditions. 
     -------------------------  --------------------------------------------------- 
 c)   Price(s) and volume(s) 
                                                 Price(s)    Volume(s) 
                                                    n/a       828,667 
                                                            ---------- 
     -------------------------  --------------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume         828,667 
       - Price                     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       Initial Notification 
       /Amendment 
     -------------------------  -------------------------------------------- 
 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             Ordinary shares of GBP0.000001 pence each 
       the financial 
       instrument, type           GB00BZ6STL67 
       of instrument 
       Identification 
       code 
     -------------------------  -------------------------------------------- 
 b)   Nature of the              As detailed in the Company's 2021 Annual 
       transaction                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 GBP0.000001, in respect of the 
                                  2021 performance year. 
     -------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s) 
                                             Price(s)    Volume(s) 
                                                 n/a       704,367 
                                                        ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume         704,367 
       - Price                     n/a 
     -------------------------  -------------------------------------------- 
 e)   Date of the transaction    2022-03-31 
     -------------------------  -------------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
     -------------------------  -------------------------------------------- 
 

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END

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(END) Dow Jones Newswires

April 01, 2022 09:32 ET (13:32 GMT)

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