Holding(s) in Company

RNS Number : 0799U
Metro Bank PLC
30 November 2021
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BZ6STL67

Issuer Name

METRO BANK PLC  

UK or Non-UK Issuer

UK  

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments  

3. Details of person subject to the notification obligation

Name

Spruce House Investment Management  

City of registered office (if applicable)

New York  

Country of registered office (if applicable)

USA  

4. Details of the shareholder

Name

City of registered office

Country of registered office

The Spruce House Partnership LLC


United States

5. Date on which the threshold was crossed or reached

26-Nov-2021

6. Date on which Issuer notified

29-Nov-2021

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 held in issuer

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

5.050000

3.940000

8.990000

15500000

Position of previous notification (if applicable)

4.210000

4.780000

8.990000


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

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BZ6STL67

8709000


5.050000


Sub Total 8.A

8709000

5.050000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

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

% of voting rights






Sub Total 8.B1




8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Bullet Swap

13-May-22


Cash

1035000

0.600000

Bullet Swap

8-Dec-21


Cash

2586000

1.500000

Bullet Swap

22-Dec-21


Cash

3170000

1.840000

Sub Total 8.B2


6791000

3.940000%

9. Information in relation to the person subject to the notification obligation

1. 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.  

Ultimate controlling person

Name of controlled undertaking

% 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






10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

29-Nov-2021

13. Place Of Completion

New York  

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