Business
Notice by Issuer to the PIBS holders - Redemption
Notice by Issuer to the PIBS holders - Redemption.
About this update from Nationwide Building Society
[{"type":"text","content":"\n \nRNS Number : 7254M Nationwide Building Society 17 October 2016 \n\nNationwide Building Society\n(the Issuer)\nNOTICEto the holders of the\n£140,000,000 6.00% Permanent Interest Bearing Shares (the PIBS)\n(ISIN: GB00B120GX99)\nNOTICE 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.\nIn 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.\nFollowing 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.\nUnless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the terms of the PIBS.\n \nThis Notice contains inside information and has been made by Keith Ford, Group Secretary, on behalf of the Issuer.\n \nFor further information, please contact:\n\n\n\n\nNationwide Building Society\nOne Threadneedle Street\nLondon EC2R 8AW\n\n\n\n\nSarah Hill\n\n\nInvestor Relations\n \n\n\[email protected]\n\n\n0845 602 9053\n\n\n\n\nDated: 17 October 2016\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCLLFFLISLDLIR\n ","length":2728,"tagName":"div"}]