Business
NOTICE OF REDEMPTION OF SECURITIES
NOTICE OF REDEMPTION OF SECURITIES.
About this update from Nationwide Building Society
[{"type":"text","content":"\n\nNATIONWIDE BUILDING SOCIETY*\n(the Society)\nNOTICE\nto the holders of the\n£125,000,000 6.25% Permanent Interest Bearing Shares originally issued by Portman Building Society\n(ISIN: GB0033627968)\n(the PIBS)\nNOTICE IS HEREBY GIVEN by the Society to the holders of the PIBS that, having obtained Relevant Supervisory Consent from the Prudential Regulation Authority in accordance with Condition 4(2) (Repayment) of the PIBS, the Society will repay the PIBS in full on 22 October 2024 pursuant to Condition 4(2) (Repayment) of the PIBS.\nThe PIBS will be repaid at their principal amount, together with unpaid interest accrued to (but excluding) the repayment date.\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) for the listing of the PIBS on the Official List of the FCA and the admission to trading on the regulated market of the London Stock Exchange to be cancelled.\nUnless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the Special Conditions of the Issue of the PIBS (the Conditions, and references to a numbered Condition shall be read accordingly).\nFor further information, please contact:\n \nNationwide Building Society\nSarah Abercrombie\nHead of Investor Relations, Credit Ratings and Treasury Sustainability\nTelephone: +44 (0) 7587886500\nEmail: [email protected]\n \nNationwide Building Society\nNationwide House\nPipers Way\nSwindon SN38 1NW\n \nDated: 23 August 2024\n* LEI: 549300XFX12G42QIKN82\n \n \n\n","length":3223,"tagName":"div"}]