CCDS - Adjustment to PIR Cap

RNS Number : 0298Z

Nationwide Building Society

14 May 2019

 

Nationwide Building Society

14 May 2019

NATIONWIDE BUILDING SOCIETY¹

(the "Society")

CORE CAPITAL DEFERRED SHARES ("CCDS") - NOTIFICATION

OF ADJUSTMENT TO THE PERIODIC INVESTMENT RETURNS ("PIR") CAP

NOTICE IS HEREBY GIVEN by the Society that, in respect of its financial year ended 4 April 2019, the PIR cap on each CCDS of the Society will be £16.36 per share. This amount has been calculated, in accordance with the relevant provisions in the Rules of the Society, by applying the relevant United Kingdom Consumer Price Index ("CPI") annual inflation percentage increase for the twelve months to and including March 2019 to the prevailing PIR cap for the previous financial year of £16.06 per share. For these purposes the CPI means the United Kingdom Consumer Price Index (overall index, 2015 = 100) published by the Office for National Statistics.

For further information, please contact:

Nationwide Building Society

Alex Wall

Head of Capital, Ratings & Investor Relations

[e-mail]

020 7261 6568

DISCLAIMER

This announcement is for information purposes only and does not constitute an invitation or offer to subscribe for or otherwise acquire or dispose of any securities of Nationwide Building Society in any jurisdiction.

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[1] LEI:       549300XFX12G42QIKN82

 

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