Notice by Issuer to the PIBS holders - Redemption

RNS Number : 7254M

Nationwide Building Society

17 October 2016

 

Nationwide Building Society
(the Issuer)

NOTICE
to the holders of the

£140,000,000 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	[e-mail]	0845 602 9053

Dated:  17 October 2016

 

END

 

 

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