7th May 2020 15:15
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) |
| ||||
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) |
| ||||
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 | ||||
Related Shares:
Metro Bank