Metro Bank PLC Director/PDMR Shareholding (4870P)
November 17 2016 - 7:53AM
UK Regulatory
TIDMMTRO
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 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 Ordinary shares of GBP0.000001
of the financial pence each
instrument,
type of instrument GB00BZ6STL67
Identification
code
--- --------------------- --------------------------------------
b) Nature of In specie distribution of 390,244
the transaction 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)
---------- ----------
GBPnil 195,122
---------- ----------
--- --------------------- --------------------------------------
d) Aggregated n/a
information
- Aggregated
volume
- Price
--- --------------------- --------------------------------------
e) Date of the 2016-11-07 and 2016-11-08
transaction
--- --------------------- --------------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
--- --------------------- --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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