Business
CCDS - Notification of adjustment to PIR cap
CCDS - Notification of adjustment to PIR cap.
About this update from Nationwide Building Society
[{"type":"text","content":"\n \nRNS Number : 9566U Nationwide Building Society 12 April 2016 \n\nNationwide Building Society\n12 April 2016\n \nNATIONWIDE BUILDING SOCIETY\n(the \"Society\")\nCORE CAPITAL DEFERRED SHARES (\"CCDS\") - NOTIFICATION\nOF ADJUSTMENT TO THE PERIODIC INVESTMENT RETURNS (\"PIR\") CAP\n \nNOTICE IS HEREBY GIVEN by the Society that, in respect of its financial year ended 4 April 2016, the PIR cap on each CCDS of the Society will be £15.32 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 2016 to the prevailing PIR cap for the previous financial year of £15.24 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\nOne Threadneedle Street\nLondon EC2R 8AW\nTelephone: 0845 602 9053\nAttention: Sarah Hill or Nicole Woodrow\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\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEAFLAFAXKEFF\n ","length":1986,"tagName":"div"}]