Business
CCDS - Adjustment to PIR Cap
CCDS - Adjustment to PIR Cap.
About this update from Nationwide Building Society
[{"type":"text","content":"\n \nRNS Number : 0298Z Nationwide Building Society 14 May 2019 \n\nNationwide Building Society\n14 May 2019\nNATIONWIDE BUILDING SOCIETY1\n(the \"Society\")\nCORE CAPITAL DEFERRED SHARES (\"CCDS\") - NOTIFICATION\nOF ADJUSTMENT TO THE PERIODIC INVESTMENT RETURNS (\"PIR\") CAP\nNOTICE 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.\nFor further information, please contact:\nNationwide Building Society\nAlex Wall\nHead of Capital, Ratings & Investor Relations\[email protected]\n020 7261 6568\nDISCLAIMER\nThis 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.\n \n \n \n \n \n \n \n \n \n_________________________\n[1] LEI: 549300XFX12G42QIKN82\n\nThis 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 [email protected] or visit www.rns.com. END MSCSFWFMLFUSEDI\n ","length":3244,"tagName":"div"}]