METRO BANK PLC

Remuneration Information • May 7, 2020

National Storage Mechanism | Additional information

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHARMITMTBMBJM