Redemption of Additional Tier 1 Capital Securities

By

Regulatory News | 27 Nov, 2024

Updated : 07:01

RNS Number : 7635N
Nationwide Building Society
27 November 2024
 

 

NATIONWIDE BUILDING SOCIETY*

(the Issuer)

NOTICE

to the holders of the

£600,000,000 Reset Perpetual Contingent Convertible Additional Tier 1 Capital Securities

(ISIN: XS2048709427)

(the Securities)

 

NOTICE IS HEREBY GIVEN by the Issuer to the Securityholders that, having obtained consent from the Prudential Regulation Authority and having satisfied any other conditions to repayment and purchase applicable to redemption in accordance with Condition 7.5 (Conditions to repayment and purchase) of the Securities, the Issuer will redeem the Securities in full on 20 December 2024 pursuant to Condition 7.2 (Society's option to repay) of the Securities.

The Securities will be redeemed at their principal amount, together with unpaid interest accrued to (but excluding) 20 December 2024.

Following redemption of the Securities, (i) the Securities will be cancelled and no further interest payments will be made and (ii) request will be made for the admission to trading on the International Securities Market of the London Stock Exchange to be cancelled.

Unless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the Conditions of Issue of the Securities (the Conditions).

For further information, please contact:

 

Nationwide Building Society

Vikas Sidhu

Head of Investor Relations & Treasury Sustainability

Telephone: +44 (0) 7738 273287

Email: Vikas.Sidhu@nationwide.co.uk

 

Nationwide Building Society

Nationwide House

Pipers Way

Swindon SN38 1NW

Dated: 27 November 2024

* LEI: 549300XFX12G42QIKN82

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCKQLFLZFLXFBD

Last news