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 |
Grant of Share Options - As announced to the market on 21 March 2018, David Arden was appointed CFO, Company Secretary and Executive Director of Metro Bank with effect from 29 March 2018. As part of a hiring agreement with Metro Bank, the full details of which will be disclosed in the 2018 Remuneration Report, David was granted 30,000 share options on 29 March 2018, each with an option price of £35.36. The decision to award share options was taken outside of the current close period |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£35.36 |
30,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
30,000 £1,060,800 |
e) |
Date of the transaction |
2018-03-29 |
f) |
Place of the transaction |
Outside a trading venue |