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Metro Bank PLC - Holding(s) in Company

RNS Number : 3700X
Metro Bank PLC
27 August 2020
 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Metro Bank plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

X

An event changing the breakdown of voting rights


Other (please specify)iii:


3. Details of person subject to the notification obligationiv

Name

JPMorgan Chase & Co.

City and country of registered office (if applicable)

Wilmington, Delaware, USA

4. Full name of shareholder(s) (if different from 3.)v

Name

J.P. Morgan Securities Plc

 

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reachedvi:

24 August 2020

6. Date on which issuer notified (DD/MM/YYYY):

26 August 2020

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 of issuervii

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

0.95%

6.96%

7.92%

172,420,458

Position of previous notification (if

applicable)

0.87%

7.05%

7.92%


 



 

 

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

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BZ6STL67


1,644,212


0.95%











SUBTOTAL 8. A

1,644,212

0.95%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

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

exercised/converted.

% of voting rights

Right to Recall

N/A

N/A

5,370,000

3.11%



SUBTOTAL 8. B 1

5,370,000

3.11%

 


B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

Cash-settled Equity Swap

28/09/2020

28/09/2020

Cash

100,000

0.06%

Cash-settled Equity Swap

02/12/2020

02/12/2020

Cash

16,178

0.01%

Cash-settled Equity Swap

05/01/2021

05/01/2021

Cash

14,989

0.01%

Cash-settled Equity Swap

02/02/2021

02/02/2021

Cash

3,378

0.00%

Cash-settled Equity Swap

02/03/2021

02/03/2021

Cash

206

0.00%

Cash-settled Equity Swap

06/04/2021

06/04/2021

Cash

38

0.00%

Cash-settled Equity Swap

30/04/2021

30/04/2021

Cash

676,754

0.39%

Cash-settled Equity Swap

02/06/2021

02/06/2021

Cash

2,665

0.00%

Cash-settled Equity Swap

30/06/2021

30/06/2021

Cash

2,917,248

1.69%

Cash-settled Equity Swap

02/07/2021

02/07/2021

Cash

1,065

0.00%

Cash-settled Equity Swap

03/08/2021

03/08/2021

Cash

213,579

0.12%

Cash-settled Equity Swap

24/08/2021

24/08/2021

Cash

2,516,519

1.46%

Cash-settled Equity Swap

17/09/2021

17/09/2021

Cash

22,617

0.01%

Cash-settled Equity Swap

04/10/2021

04/10/2021

Cash

118,774

0.07%

Cash-settled Equity Swap

07/02/2022

07/02/2022

Cash

25,000

0.01%

Cash-settled Equity Swap

27/05/2022

27/05/2022

Cash

9

0.00%

Cash-settled Equity Swap

04/03/2025

04/03/2025

Cash

8,262

0.00%




SUBTOTAL 8.B.2

6,637,281

3.85%

 

 

 

 

Place of completion

London, United Kingdom

Date of completion

26 August 2020

 

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