METRO BANK PLC

Major Shareholding Notification • Mar 4, 2019

National Storage Mechanism | Additional information

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RNS Number : 7884R

Metro Bank PLC

04 March 2019

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: Placing of new ordinary shares
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:			27th February 2019
6. Date on which issuer notified (DD/MM/YYYY):			1st March 2019
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	2.497%	4.351%		6.848%	97,420,458
Position of previous notification (if applicable)	Below Notifiable Threshold	Below Notifiable Threshold		Below Notifiable Threshold

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

2,432,567

0%

2.497%

SUBTOTAL 8. A

2,432,567

2.497%

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

Right to Recall

N/A

N/A

894,054

0.918%

SUBTOTAL 8. B 1

894,054

0.918%

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	Feb 28, 2019	N/A	Cash Settled	1,186	0.001%
Swaps	Mar 06, 2019	N/A	Cash Settled	214,411	0.220%
Swaps	Mar 11, 2019	N/A	Cash Settled	21,563	0.022%
Swaps	Mar 29, 2019	N/A	Cash Settled	30,235	0.031%
Swaps	Apr 02, 2019	N/A	Cash Settled	39,594	0.041%
Swaps	Apr 05, 2019	N/A	Cash Settled	215,833	0.222%
Swaps	Apr 15, 2019	N/A	Cash Settled	525,754	0.540%
Swaps	May 31, 2019	N/A	Cash Settled	25,406	0.026%
Swaps	Jun 13, 2019	N/A	Cash Settled	2,026	0.002%
Swaps	Jun 28, 2019	N/A	Cash Settled	41,970	0.043%
Swaps	Sep 06, 2019	N/A	Cash Settled	979,000	1.005%
Swaps	Sep 16, 2019	N/A	Cash Settled	384,719	0.395%
Swaps	Sep 27, 2019	N/A	Cash Settled	33	0.000%
Swaps	Sep 30, 2019	N/A	Cash Settled	31,928	0.033%
Swaps	Oct 03, 2019	N/A	Cash Settled	23	0.000%
Swaps	Oct 07, 2019	N/A	Cash Settled	1,081	0.001%
Swaps	Oct 11, 2019	N/A	Cash Settled	23	0.000%
Swaps	Oct 15, 2019	N/A	Cash Settled	2,848	0.003%
Swaps	Oct 17, 2019	N/A	Cash Settled	417	0.000%
Swaps	Oct 21, 2019	N/A	Cash Settled	1,089	0.001%
Swaps	Oct 24, 2019	N/A	Cash Settled	88	0.000%
Swaps	Oct 25, 2019	N/A	Cash Settled	873	0.001%
Swaps	Oct 28, 2019	N/A	Cash Settled	23,225	0.024%
Swaps	Nov 04, 2019	N/A	Cash Settled	663	0.001%
Swaps	Nov 12, 2019	N/A	Cash Settled	5	0.000%
Swaps	Nov 18, 2019	N/A	Cash Settled	22,867	0.023%
Swaps	Nov 29, 2019	N/A	Cash Settled	174,005	0.179%
Swaps	Dec 27, 2019	N/A	Cash Settled	46,556	0.048%
Swaps	Jan 31, 2020	N/A	Cash Settled	2,038	0.002%
Swaps	Apr 17, 2020	N/A	Cash Settled	303	0.000%
Swaps	Apr 30, 2020	N/A	Cash Settled	90,749	0.093%
Swaps	May 05, 2020	N/A	Cash Settled	15,819	0.016%
Swaps	May 29, 2020	N/A	Cash Settled	918	0.001%
Swaps	Jun 30, 2020	N/A	Cash Settled	2,231	0.002%
Swaps	Jul 31, 2020	N/A	Cash Settled	5,914	0.006%
Swaps	Aug 26, 2020	N/A	Cash Settled	2,359	0.002%
Swaps	Sep 30, 2020	N/A	Cash Settled	7,942	0.008%
Swaps	Oct 19, 2020	N/A	Cash Settled	17,154	0.018%
Swaps	Oct 30, 2020	N/A	Cash Settled	539	0.001%
Swaps	Dec 31, 2020	N/A	Cash Settled	1,167	0.001%
Swaps	Jan 29, 2021	N/A	Cash Settled	2,328	0.002%
Swaps	Feb 26, 2021	N/A	Cash Settled	111	0.000%
Swaps	Jun 30, 2021	N/A	Cash Settled	5,123	0.005%
Swaps	Jul 30, 2021	N/A	Cash Settled	1,725	0.002%
Swaps	Oct 29, 2021	N/A	Cash Settled	14,387	0.015%
Swaps	Jan 31, 2022	N/A	Cash Settled	18,156	0.019%
Swaps	Feb 28, 2022	N/A	Cash Settled	20,501	0.021%
Swaps	Feb 15, 2023	N/A	Cash Settled	348,111	0.357%
			SUBTOTAL 8.B.2	3,344,996	3.434%

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	3.715%	6.204%

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

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
Merrill Lynch, Pierce, Fenner & Smith Incorporated	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	1st March 2019

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