Holding(s) in Company

RNS Number : 0206Q
Metro Bank PLC
15 June 2020
 

TR-1: S tandard 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 attached ii :

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


An event changing the breakdown of voting rights


Other (please specify)iii:


3. Details of person subject to the notification obligation iv

Name

JPMorgan Chase & Co.

City and country of registered office (if applicable)

Wilmington, Delaware, USA

4. Full name of shareholder(s) (if different from 3.) v

Name

J.P. Morgan Securities Plc

 

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reached vi :

11 June 2020

6. Date on which issuer notified (DD/MM/YYYY):

15 June 2020

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 issuer vii

Resulting situation on the date on which threshold was crossed or reached

3.43%

2.10%

5.54%

172,420,458

Position of previous notification (if

applicable)

N/A

N/A

N/A


 



 

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix

% 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


5,920,490


3.43%











SUBTOTAL 8. A

5,920,490

3.43%

 

 

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
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

Right to Recall

N/A

N/A

400,000

0.23%



SUBTOTAL 8. B 1

400,000

0.23%

 


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
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlement xii

Number of voting rights

% of voting rights

Cash-settled Equity Swap

02/07/2020

02/07/2020

Cash

837

0.00%

Cash-settled Equity Swap

28/09/2020

28/09/2020

Cash

100,000

0.06%

Cash-settled Equity Swap

02/12/2020

02/12/2020

Cash

17,358

0.01%

Cash-settled Equity Swap

05/01/2021

05/01/2021

Cash

16,607

0.01%

Cash-settled Equity Swap

02/02/2021

02/02/2021

Cash

3,378

0.00%

Cash-settled Equity Swap

02/03/2021

02/03/2021

Cash

206

0.00%

Cash-settled Equity Swap

06/04/2021

06/04/2021

Cash

38

0.00%

Cash-settled Equity Swap

30/04/2021

30/04/2021

Cash

155,996

0.09%

Cash-settled Equity Swap

26/05/2021

26/05/2021

Cash

10,292

0.01%

Cash-settled Equity Swap

02/06/2021

02/06/2021

Cash

2,665

0.00%

Cash-settled Equity Swap

03/06/2021

03/06/2021

Cash

2,464

0.00%

Cash-settled Equity Swap

30/06/2021

30/06/2021

Cash

2,904,599

1.68%

Cash-settled Equity Swap

27/05/2022

27/05/2022

Cash

9

0.00%

Cash-settled Equity Swap

04/03/2025

04/03/2025

Cash

12,773

0.01%




SUBTOTAL 8.B.2

3,227,222

1.87%

 

 

 

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) issuer xiii


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 entity
xiv (please add additional rows as necessary)

X

Name xv

% 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

JPMorgan Chase & Co.




JPMorgan Chase Bank, National Association




J.P. Morgan International Finance Limited




J.P. Morgan Capital Holdings Limited




J.P. Morgan Securities plc

3.43%


5.54%


10. In case of proxy voting, please identify:

Name of the proxy holder

N/A

The number and % of voting rights held

N/A

The date until which the voting rights will be held

 N/A


11. Additional information xvi

 

Chain of controlled undertakings :

 

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Securities plc (100%)

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
HOLQELFFBQLBBBB
UK 100

Latest directors dealings