Holding(s) in Company

RNS Number : 8046S

Metro Bank PLC

13 March 2019

 

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			METRO BANK PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments						X
An event changing the breakdown of voting rights
Other (please specify)iii: Placing of new ordinary shares
3. Details of person subject to the notification obligationiv
Name			Bank of America Corporation
City and country of registered office (if applicable)			Wilmington, DE, United States
4. Full name of shareholder(s) (if different from 3.)v
Name			Merrill Lynch International
City and country of registered office (if applicable)			London, UK
5. Date on which the threshold was crossed or reachedvi:			8th March 2019
6. Date on which issuer notified (DD/MM/YYYY):			12th March 2019
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	3.057%	3.760%		6.818%	97,420,458
Position of previous notification (if applicable)	2.522%	4.380%		6.902%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix				% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BZ6STL67	0		2,978,520		0%	3.057%
SUBTOTAL 8. A	2,978,520				3.057%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument	Expiration datex	Exercise/ Conversion Periodxi		Number of voting rights that may be acquired if the instrument is exercised/converted.		% of voting rights
Right to Recall	N/A	N/A		895,128		0.919%
		SUBTOTAL 8. B 1		895,128		0.919%
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of financial instrument Expiration datex Exercise/ Conversion Period xi Physical or cash settlementxii Number of voting rights % of voting rights Swaps Apr 02, 2019 N/A Cash Settled            39,594 0.041% Swaps Apr 05, 2019 N/A Cash Settled          258,894 0.266% Swaps Apr 15, 2019 N/A Cash Settled          264,120 0.271% Swaps Apr 30, 2020 N/A Cash Settled            88,890 0.091% Swaps Dec 27, 2019 N/A Cash Settled            46,556 0.048% Swaps Feb 15, 2023 N/A Cash Settled            22,861 0.023% Swaps Jun 13, 2019 N/A Cash Settled              2,026 0.002% Swaps Jun 28, 2019 N/A Cash Settled            41,970 0.043% Swaps Mar 11, 2019 N/A Cash Settled            22,749 0.023% Swaps Mar 29, 2019 N/A Cash Settled            23,551 0.024% Swaps May 05, 2020 N/A Cash Settled            15,819 0.016% Swaps May 07, 2019 N/A Cash Settled          152,730 0.157% Swaps May 31, 2019 N/A Cash Settled            25,406 0.026% Swaps Nov 18, 2019 N/A Cash Settled            32,639 0.034% Swaps Nov 29, 2019 N/A Cash Settled          195,353 0.201% Swaps Oct 19, 2020 N/A Cash Settled            17,154 0.018% Swaps Sep 06, 2019 N/A Cash Settled          489,500 0.502% Swaps Sep 16, 2019 N/A Cash Settled          382,500 0.393% Swaps Sep 30, 2019 N/A Cash Settled            26,127 0.027% Swaps Apr 30, 2020 N/A Cash Settled              1,859 0.002% Swaps Dec 31, 2020 N/A Cash Settled              1,167 0.001% Swaps Feb 26, 2021 N/A Cash Settled                  111 0.000% Swaps Feb 28, 2022 N/A Cash Settled            20,501 0.021% Swaps Jan 29, 2021 N/A Cash Settled              2,328 0.002% Swaps Jan 31, 2020 N/A Cash Settled              2,038 0.002% Swaps Jan 31, 2022 N/A Cash Settled            18,156 0.019% Swaps Jul 30, 2021 N/A Cash Settled              1,725 0.002% Swaps Jul 31, 2020 N/A Cash Settled              5,914 0.006% Swaps Jun 30, 2020 N/A Cash Settled              2,231 0.002% Swaps Jun 30, 2021 N/A Cash Settled              5,123 0.005% Swaps Mar 29, 2019 N/A Cash Settled              6,684 0.007% Swaps May 29, 2020 N/A Cash Settled                  918 0.001% Swaps Nov 04, 2019 N/A Cash Settled                  663 0.001% Swaps Nov 12, 2019 N/A Cash Settled                       5 0.000% Swaps Oct 03, 2019 N/A Cash Settled                    23 0.000% Swaps Oct 07, 2019 N/A Cash Settled              1,081 0.001% Swaps Oct 11, 2019 N/A Cash Settled                    23 0.000% Swaps Oct 15, 2019 N/A Cash Settled              2,848 0.003% Swaps Oct 17, 2019 N/A Cash Settled                  417 0.000% Swaps Oct 21, 2019 N/A Cash Settled              1,089 0.001% Swaps Oct 24, 2019 N/A Cash Settled                    88 0.000% Swaps Oct 25, 2019 N/A Cash Settled                  873 0.001% Swaps Oct 28, 2019 N/A Cash Settled            23,225 0.024% Swaps Oct 29, 2021 N/A Cash Settled            14,387 0.015% Swaps Oct 30, 2020 N/A Cash Settled                  539 0.001% Swaps Sep 06, 2019 N/A Cash Settled          489,500 0.502% Swaps Sep 16, 2019 N/A Cash Settled              2,219 0.002% Swaps Sep 27, 2019 N/A Cash Settled                    33 0.000% Swaps Sep 30, 2019 N/A Cash Settled              5,923 0.006% Swaps Sep 30, 2020 N/A Cash Settled              7,942 0.008% SUBTOTAL 8.B.2 2,768,072 2.841%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)		X
Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Bank of America Corporation N/A N/A N/A NB Holdings Corporation N/A N/A N/A BofAML Jersey Holdings Limited N/A N/A N/A BofAML EMEA Holdings 2 Limited N/A N/A N/A ML UK Capital Holdings Limited N/A N/A N/A Merrill Lynch International 3.049% 3.124% 6.174% Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Bank of America Corporation N/A N/A N/A NB Holdings Corporation N/A N/A N/A BAC North America Holding Company N/A N/A N/A BANA Holding Corporation N/A N/A N/A Bank of America, National Association N/A N/A N/A Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Bank of America Corporation N/A N/A N/A NB Holdings Corporation N/A N/A N/A BAC North America Holding Company N/A N/A N/A Merrill Lynch, Pierce, Fenner & Smith Incorporated N/A N/A N/A
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi

Place of completion	United Kingdom
Date of completion	12th March 2019

 

END

 

 

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