METRO BANK PLC

Major Shareholding Notification • Jul 31, 2018

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RNS Number : 3746W

Metro Bank PLC

31 July 2018

METRO BANK PLC

Legal Entity Identifier: 213800X5WU57YL9GPK89

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
An acquisition or disposal of financial instruments						X
An event changing the breakdown of voting rights
Other (please specify)iii: Result of Tender Offer
3. Details of person subject to the notification obligationiv
Name			Bank of America Corporation
City and country of registered office (if applicable)			Wilmington, DE, United States
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			26th July 2018
6. Date on which issuer notified (DD/MM/YYYY):			30th July 2018
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	2.407%	3.275%		5.682%	88,537,128
Position of previous notification (if applicable)	2.380%	3.058%		5.438%

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

0

2,130,964

0%

2.407%

SUBTOTAL 8. A

2,130,964

2.407%

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

datex

Exercise/

Conversion Periodxi

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

exercised/converted.

% of voting rights

Rights to Recall

N/A

N/A

137,884

0.156%

SUBTOTAL 8. B 1

137,884

0.156%

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 datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights	% of voting rights
Swaps	13/08/2018	N/A	Cash Settled	274,108	0.310%
Swaps	31/08/2018	N/A	Cash Settled	4,844	0.005%
Swaps	17/09/2018	N/A	Cash Settled	71	0.000%
Swaps	31/10/2018	N/A	Cash Settled	211,790	0.239%
Swaps	30/11/2018	N/A	Cash Settled	726	0.001%
Swaps	17/12/2018	N/A	Cash Settled	3,735	0.004%
Swaps	31/12/2018	N/A	Cash Settled	11,874	0.013%
Swaps	31/01/2019	N/A	Cash Settled	10,000	0.011%
Swaps	22/02/2019	N/A	Cash Settled	9,085	0.010%
Swaps	25/02/2019	N/A	Cash Settled	7,954	0.009%
Swaps	06/03/2019	N/A	Cash Settled	83,720	0.095%
Swaps	27/03/2019	N/A	Cash Settled	115,038	0.130%
Swaps	29/03/2019	N/A	Cash Settled	250,937	0.283%
Swaps	05/04/2019	N/A	Cash Settled	160,165	0.181%
Swaps	15/04/2019	N/A	Cash Settled	52,600	0.059%
Swaps	18/04/2019	N/A	Cash Settled	148,145	0.167%
Swaps	26/04/2019	N/A	Cash Settled	8,000	0.009%
Swaps	30/04/2019	N/A	Cash Settled	20,746	0.023%
Swaps	31/05/2019	N/A	Cash Settled	26,404	0.030%
Swaps	12/07/2019	N/A	Cash Settled	220,000	0.248%
Swaps	16/08/2019	N/A	Cash Settled	25,051	0.028%
Swaps	19/08/2019	N/A	Cash Settled	122,000	0.138%
Swaps	27/08/2019	N/A	Cash Settled	122,000	0.138%
Swaps	30/08/2019	N/A	Cash Settled	3,849	0.004%
Swaps	16/09/2019	N/A	Cash Settled	2,219	0.003%
Swaps	27/09/2019	N/A	Cash Settled	33	0.000%
Swaps	30/09/2019	N/A	Cash Settled	5,923	0.007%
Swaps	03/10/2019	N/A	Cash Settled	23	0.000%
Swaps	07/10/2019	N/A	Cash Settled	1,081	0.001%
Swaps	11/10/2019	N/A	Cash Settled	23	0.000%
Swaps	15/10/2019	N/A	Cash Settled	2,848	0.003%
Swaps	17/10/2019	N/A	Cash Settled	417	0.000%
Swaps	18/10/2019	N/A	Cash Settled	79,768	0.090%
Swaps	21/10/2019	N/A	Cash Settled	1,089	0.001%
Swaps	24/10/2019	N/A	Cash Settled	88	0.000%
Swaps	25/10/2019	N/A	Cash Settled	873	0.001%
Swaps	28/10/2019	N/A	Cash Settled	23,225	0.026%
Swaps	04/11/2019	N/A	Cash Settled	663	0.001%
Swaps	12/11/2019	N/A	Cash Settled	5	0.000%
Swaps	18/11/2019	N/A	Cash Settled	47,566	0.054%
Swaps	29/11/2019	N/A	Cash Settled	10,237	0.012%
Swaps	31/01/2020	N/A	Cash Settled	2,038	0.002%
Swaps	30/04/2020	N/A	Cash Settled	1,859	0.002%
Swaps	29/05/2020	N/A	Cash Settled	918	0.001%
Swaps	30/06/2020	N/A	Cash Settled	2,231	0.003%
Swaps	31/07/2020	N/A	Cash Settled	5,914	0.007%
Swaps	30/09/2020	N/A	Cash Settled	7,942	0.009%
Swaps	30/10/2020	N/A	Cash Settled	539	0.001%
Swaps	31/12/2020	N/A	Cash Settled	1,167	0.001%
Swaps	29/01/2021	N/A	Cash Settled	2,328	0.003%
Swaps	26/02/2021	N/A	Cash Settled	111	0.000%
Swaps	30/06/2021	N/A	Cash Settled	5,123	0.006%
Swaps	30/07/2021	N/A	Cash Settled	1,725	0.002%
Swaps	15/02/2023	N/A	Cash Settled	660,689	0.746%
			SUBTOTAL 8.B.2	2,761,507	3.119%

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Bank of America Corporation	N/A	N/A	N/A
NB Holdings Corporation	N/A	N/A	N/A
BofAML Jersey Holdings Limited	N/A	N/A	N/A
BofAML EMEA Holdings 2 Limited	N/A	N/A	N/A
ML UK Capital Holdings Limited	N/A	N/A	N/A
Merrill Lynch International	N/A	N/A	5.310%

Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Bank of America Corporation	N/A	N/A	N/A
NB Holdings Corporation	N/A	N/A	N/A
BAC North America Holding Company	N/A	N/A	N/A
BANA Holding Corporation	N/A	N/A	N/A
Bank of America, National Association	N/A	N/A	N/A

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion	United Kingdom
Date of completion	30th July 2018

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END

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