Metro Bank Holdings PLC: Capital Update (1690505)

Metro Bank Holdings PLC (MTRO) 
Metro Bank Holdings PLC: Capital Update 
28-Jul-2023 / 07:18 GMT/BST 
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            Metro Bank Holdings PLC (LSE: MTRO LN) 
28 July 2023 
 
 
Metro Bank Holdings PLC ("Metro Bank") 
 
Legal Entity Identifier: 984500CDDEAD6C2EDQ64 
 
Capital Update 
 
Metro Bank Holdings PLC (the "Company") today announces that the Bank of England's Resolution Directorate has agreed to 
a further extension to the pre-existing adjustment (announced 9 December 2022) with respect to the existing GBP250 
million 9.139% Tier 2 Notes (the "Notes") issued by Metro Bank PLC (the "Operating Company") regarding minimum 
requirement for own funds and eligible liabilities ("MREL") eligibility. 
 
The adjustment permits the Notes to remain eligible to count towards the Company's MREL requirement until the maturity 
date of 26 June 2028. 
 
The Notes' recognition as Tier 2 regulatory capital will amortise from the call date (26 June 2023) over the remaining 
life of the instrument. 
 
The information contained within this announcement is deemed by the Company to constitute inside information as 
stipulated under the Market Abuse Regulations (EU) No. 596/2014 (which forms part of UK law pursuant to the European 
Union (Withdrawal) Act 2018) and was authorised for release by Stephanie Wallace, Company Secretary. 
 
 
ENDS 
 
For more information, please contact: 
 
Metro Bank PLC Investor Relations 
Jo Roberts 
+44 (0) 20 3402 8900 
IR@metrobank.plc.uk 
 
Metro Bank PLC Media Relations 
Mona Patel 
+44 (0) 7815 506845 
pressoffice@metrobank.plc.uk 
 
Teneo 
Charles Armitstead / Haya Herbert Burns 
+44 (0)7703 330269 / +44 (0) 7342 031051 
Metrobank@teneo.com 
 
 
 
About Metro Bank 
 
Metro Bank services 2.7 million customer accounts and is celebrated for its exceptional customer experience. It is the 
highest rated high street bank for overall service quality for personal customers and the best bank for service 
in-store for personal and business customers, in the Competition and Markets Authority's Service Quality Survey in 
February 2023. Metro Bank has also been awarded "2023 Best Lender of the Year - UK" in the M&A Today, Global Awards, 
"Best Mortgage Provider of the Year" in 2022 MoneyAge Mortgage Awards, "Best Business Credit Card" in 2022 Moneynet 
Personal Finance Awards, "Best Business Credit Card 2022", Forbes Advisor, "Best Current Account for Overseas Use" by 
Forbes 2022 and accredited as a top ten Most Loved Workplace 2022.  It was "Banking Brand of The Year" at the Moneynet 
Personal Finance Awards 2021 and received the Gold Award in the Armed Forces Covenant's Employer Recognition Scheme 
2021. 
 
The community bank offers retail, business, commercial and private banking services, and prides itself on giving 
customers the choice to bank however, whenever and wherever they choose, and supporting the customers and communities 
it serves. Whether that's through its network of 76 stores open seven days a week, 362 days a year; on the phone 
through its UK-based contact centres; or online through its internet banking or award-winning mobile app, the bank 
offers customers real choice. 
 
Metro Bank Holdings PLC (registered in England and Wales with company number 14387040, registered office: One 
Southampton Row, London, WC1B 5HA) is the listed entity and holding company of Metro Bank PLC. 
 
Metro Bank PLC (registered in England and Wales with company number 6419578, registered office: One Southampton Row, 
London, WC1B 5HA) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority 
and Prudential Regulation Authority. 'Metrobank' is a registered trademark of Metro Bank PLC.  Eligible deposits are 
protected by the Financial Services Compensation Scheme. For further information about the Scheme refer to the FSCS 
website www.fscs.org.uk. All Metro Bank products are subject to status and approval. 
 
Metro Bank is an independent UK bank - it is not affiliated with any other bank or organisation (including the METRO 
newspaper or its publishers) anywhere in the world. Please refer to Metro Bank using the full name. 
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Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse 
Regulation (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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ISIN:          GB00BMX3W479 
Category Code: MSCH 
TIDM:          MTRO 
LEI Code:      984500CDDEAD6C2EDQ64 
Sequence No.:  260739 
EQS News ID:   1690505 
 
End of Announcement  EQS News Service 
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July 28, 2023 02:18 ET (06:18 GMT)
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