Notice to Noteholders

Virgin Money UK PLC
16 October 2023
 

 

Virgin Money UK PLC

("Issuer")

 

LEI: 213800ZK9VGCYYR6O495

 

16 October 2023

 

NOTICE TO NOTEHOLDERS

 

£250,000,000 7.875 per cent. Fixed Rate Reset Callable Tier 2 Capital Notes due 2028 (the "Notes") issued under the £10,000,000,000 Global Medium Term Note Programme of the Issuer and Clydesdale Bank PLC

 

ISIN: XS1921970668

COMMON CODE: 192197066

 

NOTICE IS HEREBY GIVEN that, having complied with the requirements of Condition 9(L) (Restriction on Early Redemption or Repurchase of the Notes), the Issuer will redeem the Notes in full on 14 December 2023 (the "Optional Redemption Date") pursuant to Condition 9(B) (Redemption at the option of the Issuer) of the Notes.

 

As specified in the terms and conditions of the Notes, the Notes will be redeemed at their principal amount together with interest accrued and unpaid to (but excluding) the Optional Redemption Date. Following redemption, the Notes will be cancelled, and no further interest payments will be made.

 

Request will be made to (i) the Financial Conduct Authority ("FCA") to cancel the listing of the Notes on the Official List of the FCA and (ii) to the London Stock Exchange ("LSE") to cancel the admission to trading of the Notes on the Main Market of the LSE, following redemption of the Notes.

 

Unless otherwise defined in this notice, all terms used in this notice are as defined in the terms and conditions of the Notes.

 

Announcement authorised for release by Lorna McMillan, Group Company Secretary

 

For further information please contact:

 

Investors and Analysts


Richard Smith

07748 399303

Head of Investor Relations

richard.smith@virginmoney.com



Company Secretary


Lorna McMillan

07834 585436

Group Company Secretary

lorna.mcmillan@virginmoney.com



Media Relations


Press Office

0800 066 5998


press.office@virginmoney.com

 

 

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