on Metro Bank Holdings PLC (isin : GB00BMX3W479)
Metro Bank Implements New Shareholder Value Alignment Plan
Metro Bank Holdings PLC announced the adoption of the Shareholder Value Alignment Plan (SVAP) during its 2025 AGM. On May 28, 2025, CEO Daniel Frumkin and CFO Marc Page were awarded rights to nil-cost share options, effective on or shortly after December 31, 2027, 2028, and 2029.
The plan is performance-based, linked to growth in total shareholder return, and subject to a minimum share price of 120p. The maximum share value is capped at £60m for the CEO and £12m for the CFO. Achieving the maximum payout requires a share price of £4.37.
These nil-cost options are aligned with regulatory mandates, requiring vesting over three to seven years with a post-vest holding period. The awards will be subject to certain conditions including malus and clawback provisions.
R. H.
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