Metro Bank Holdings PLC, GB00BMX3W479

Holding(s) in Company

16.05.2025 - 17:45:36

Holding(s) in Company. Metro Bank Holdings PLC / GB00BMX3W479

Metro Bank Holdings PLC (MTRO)


16-May-2025 / 16:45 GMT/BST

TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMX3W479
Issuer Name
METRO BANK HOLDINGS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Spruce House Investment Management
City of registered office (if applicable)
New York
Country of registered office (if applicable)
USA
4. Details of the shareholder
Name City of registered office Country of registered office
The Spruce House Partnership LLC Wilmington United States of America
5. Date on which the threshold was crossed or reached
15-May-2025
6. Date on which Issuer notified
16-May-2025
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 held in issuer
Resulting situation on the date on which threshold was crossed or reached 10.103738 0.000000 10.103738 68000000
Position of previous notification (if applicable)        
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1)
GB00BMX3W479 68000000 0 10.103738 0.000000
Sub Total 8.A 68000000 10.103738%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights
         
Sub Total 8.B1      
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights
           
Sub Total 8.B2      
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
Ultimate controlling person Name of controlled undertaking % 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
Ben Stein and Zach Sternberg as joint-controllers of Spruce House Investment Management LLC   10.103738   10.103738%
Spruce House Investment Management LLC   10.103738   10.103738%
10. In case of proxy voting
Name of the proxy holder
 
The number and % of voting rights held
 
The date until which the voting rights will be held
 
11. Additional Information
Based on 673,018,224 ordinary shares outstanding as of 30 April 2025.

The Spruce House Partnership LLC (SH) is an aggregating entity to its sole member funds: The Spruce House Partnership (AI) LP and The Spruce House Partnership (QP) LP - the general partner of both funds is Spruce House Capital LLC (itself controlled equally by Ben Stein and Zach Sternberg).

The voting rights (or deemed voting rights) attached to the positions held by SH are exercised by Spruce House Investment Management LLC, which is controlled equally by Ben Stein and Zach Sternberg.
12. Date of Completion
16-May-2025
13. Place Of Completion
New York, United States of America

Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
ISIN: GB00BMX3W479
Category Code: HOL
TIDM: MTRO
LEI Code: 984500CDDEAD6C2EDQ64
OAM Categories: 2.3. Major shareholding notifications
Sequence No.: 388962
EQS News ID: 2139878

 
End of Announcement EQS News Service
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