Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Stuart Bernau

2

Reason for the notification

a)

Position/status

Non-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 £0.0001 pence each

GB00BZ6STL67

b)

Nature of the transaction

Exercise of 2,000 shares options under the 2012 Long Term Reward Plan at a price of £10.00 per share and sale thereof of 2,000 ordinary shares at a price of £23.25 per share.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

2016-08-16

f)

Place of the transaction

London Stock Exchange (XLON)