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Metro Bank PLC - Director/PDMR Shareholding

RNS Number : 3216M
Metro Bank PLC
07 May 2020
 

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

David Arden

 

2

Reason for the notification

a)

Position/status

Executive Director (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

As detailed in the Company's 2019 Annual Report published on 20 April 2020, a grant of 76,947 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.93, in respect of the 2019 performance year.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

n/a

76,947

 

d)

Aggregated information

- Aggregated volume

- Price

 

76,947

n/a

e)

Date of the transaction

2020-03-31

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

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

Daniel Frumkin

 

2

Reason for the notification

a)

Position/status

Executive Director (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

A grant of 100,000 options under the 2016 Deferred Variable Reward Plan, each with an option price of £0.93, relating to Mr Frumkin's previous role as the Company's Chief Transformation Officer and as announced on 19 February 2020.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

n/a

100,000

 

d)

Aggregated information

- Aggregated volume

- Price

 

100,00

n/a

e)

Date of the transaction

2020-03-31

f)

Place of the transaction

Outside a trading venue

 

 


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END
 
 
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Quick facts: Metro Bank

Price: 108.3513

Market: LSE
Market Cap: £186.82 m
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