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Purpose: The novel metallic damper device for passive vibration control of structures, which is designed primarily for seismic protection of buildings, is described in this paper. It consists of the base plate, fixed into foundation, with two concentric cycles of vertical components and a middle steel activating plate anchored to the isolated structure. During an earthquake, the middle steel activating plate moves together with main structure causing bending of vertical components. Seismic energy is absorbed due to plastic deformation of the vertical components of the damper. The performance of various vertical components, the key elements of the novel damper is studied in this paper. The advantages of this type of damper reflect in its ability to adapt its own features depending on the intensity of the earthquake and that it has equivalent characteristics in every horizontal direction due to rotational symmetry. Methods: Sixteen experimental tests of the vertical components of the damper, were conducted to obtain their hysteretic behaviour. Numerical models using the finite element method and the Abaqus/Standard software were developed, validated and verified with experimentally obtained results. Results: The experimental results show significant energy absorption of the vertical components of the novel damper. Numerical models can be used in further research instead of expensive experimental tests. Conclusions: The vertical components of the novel damper possess extraordinary hysteretic performance. If the components of the energy dissipation device are properly designed for maximum displacements, the device is not expected to suffer heavy damage or total failure during earthquakes.