Metro Bank Holdings plc (MTRO) has been added to the Takeover Panel's official Disclosure Table, with an offer period commencing at 07:00 on 12 November 2026, according to a Regulatory Information Service announcement published on the same date. The entry records no named offeror at this stage, meaning the identity of any potential bidder has not yet been publicly disclosed. The development places Metro Bank under the formal requirements of the UK Takeover Code, triggering disclosure obligations for certain shareholders and market participants. Investors may be watching closely given the absence of a named offeror and the early stage of the process.

Key Points

  • Metro Bank Holdings plc (MTRO), LEI: 984500CDDEAD6C2EDQ64, added to the Takeover Panel Disclosure Table on 12 November 2026
  • An offer period commenced at 07:00 on 12 November 2026, with no named offeror identified at the time of publication
  • Metro Bank's relevant securities in issue total 673,659,140 shares, with ISIN GB00BMX3W479 and a nominal value of 0.0001p
  • Investors should watch for any subsequent announcement identifying a named offeror, which would trigger further Takeover Code obligations and disclosure deadlines

Metro Bank Holdings Added to Takeover Panel Disclosure Table With 673.6 Million Shares in Issue

The Takeover Panel's 12 November 2026 Disclosure Table update formally records Metro Bank Holdings plc as a new addition under the offeree category. The bank's share capital subject to disclosure stands at 673,659,140 ordinary shares, carrying a nominal value of 0.0001p each and identified by ISIN GB00BMX3W479. Metro Bank is a UK-based retail and commercial bank that operates a network of high street branches across England. The commencement of an offer period places the company's securities within the scope of Rule 8 of the Takeover Code, requiring certain market participants to disclose dealings and positions in those securities.

No Named Offeror Identified for Metro Bank as Offer Period Opens Under Takeover Code

The announcement states that no named offeror has been identified in connection with Metro Bank Holdings' offer period as of the publication date. Under the Takeover Code, an offer period can commence without a specific bidder being named, often reflecting a formal process or board-level review. Because no offeror has been identified, no Rule 2.6 deadline — the date by which a potential bidder must announce a firm intention or walk away — has been set for Metro Bank at this stage. The absence of a named bidder also means no disclosure of dealings and positions in an offeror's securities is currently required.

SThree Rule 2.6 Deadline of 18 November 2026 Amended Alongside Metro Bank Addition

Separately, the same Disclosure Table update records an amendment to the entry for SThree plc, a specialist STEM staffing group, in connection with a potential offer by Circle8 Group Inc. The amendment confirms a Rule 2.6 deadline of 17:00 on 18 November 2026, by which Circle8 Group Inc. must either announce a firm intention to make an offer for SThree or confirm that it does not intend to proceed. SThree's offer period commenced on 9 September 2026, and its relevant securities in issue total 121,272,134 ordinary shares of 1p each, with ISIN GB00B0KM9T71. Disclosure of dealings in Circle8 Group Inc. securities is not required under the current terms of the process.