Nationwide Building Society Notice by Issuer to the PIBS holders - Redemption (7254M)
17 October 2016 - 10:30PM
UK Regulatory
TIDMNBS TIDMNAWI
RNS Number : 7254M
Nationwide Building Society
17 October 2016
Nationwide Building Society
(the Issuer)
NOTICE
to the holders of the
GBP140,000,000 6.00% Permanent Interest Bearing Shares (the
PIBS)
(ISIN: GB00B120GX99)
NOTICE IS HEREBY GIVEN by the Issuer to the PIBS holders that,
having obtained the Relevant Supervisory Consent, the Issuer will
redeem all the PIBS on 15 December 2016 pursuant to Condition 5(2)
of the PIBS.
In accordance with the terms of the PIBS, the Issuer shall
redeem the PIBS at their principal amount together with interest
accrued up to (but excluding) 15 December 2016.
Following redemption of the PIBS, (i) the PIBS will be cancelled
and no further interest payments will be made and (ii) request will
be made to the Financial Conduct Authority (the FCA) and to the
London Stock Exchange plc (the LSE) for the PIBS to be removed from
the Official List maintained by the FCA and for their admission to
trading on the LSE to be cancelled.
Unless otherwise defined in this Notice, terms used in this
Notice have the meanings given to them in the terms of the
PIBS.
This Notice contains inside information and has been made by
Keith Ford, Group Secretary, on behalf of the Issuer.
For further information, please contact:
Nationwide Building Society
One Threadneedle Street
London EC2R 8AW
Sarah Hill Investor Relations sarah.hill@nationwide.co.uk 0845 602 9053
Dated: 17 October 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
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