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Metro Bank PLC (MTRO)

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Thursday 17 November, 2016

Metro Bank PLC

Director/PDMR Shareholding

RNS Number : 4870P
Metro Bank PLC
17 November 2016
 

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

Vernon Hill

 

2

Reason for the notification

a)

Position/status

Chairman (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 £0.000001 pence each

 

GB00BZ6STL67

b)

Nature of the transaction

In specie distribution of 390,244 ordinary shares held in Metro Bank Plc by JV Properties to be equally split between the two shareholders of which Mr Hill is one. Vernon Hill therefore received 195,122 shares in Metro Bank plc at nil consideration following the transfer of shares to be held personally in Mr Hill's name. Following this transaction, there was no change in Mr Hill's beneficial holdings in the Company's shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£nil

195,122

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

2016-11-07 and 2016-11-08

f)

Place of the transaction

London Stock Exchange (XLON)

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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