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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