Skipton Building Society Market Notice of Repayment (4860X)
22 2월 2017 - 4:00PM
UK Regulatory
TIDM70NN
RNS Number : 4860X
Skipton Building Society
22 February 2017
MARKET NOTICE OF REPAYMENT
IMPORTANT NOTICE TO THE HOLDERS OF THE
GBP50,000,000 6.875 per cent. Permanent Interest Bearing
Shares
(ISIN: GB00B1VYCN43)
(the "PIBS")
Issued by
SKIPTON BUILDING SOCIETY
(a building society incorporated under the Building Societies
Act 1986, as amended, under number 153706)
(the "Issuer")
on 13 April 2007
Notice of Repayment to the Holders of the PIBS
Notice is hereby given that, pursuant to Condition 5(2) of the
PIBS, the Issuer will repay all of the PIBS on 13 April 2017 (the
"Reset Date"), at their principal amount, together with any
interest accrued to (but excluding) the Reset Date.
The ISIN for the PIBS (GB00B1VYCN43) will be disabled in CREST
and the registration of transfers of the PIBS will be suspended at
6 pm on 29 March 2017 (the "Record Date").
Payment of all amounts in respect of the PIBS will be made to
the holders shown on the PIBS Register on the Record Date as
follows:
(1) to uncertificated PIBS holders, through the relevant CREST account; and
(2) to certificated PIBS holders, by sterling cheque drawn on a
bank or building society in the United Kingdom.
Following repayment, the PIBS will be cancelled pursuant to
Condition 5(9) of the PIBS.
The Issuer will apply to the Financial Conduct Authority in its
capacity as competent authority (the "UK Listing Authority") to
cancel the listing of the PIBS on the Official List of the UK
Listing Authority, and on the London Stock Exchange, with effect
from (and including) the Reset Date.
Unless otherwise defined in this Notice, terms used in this
Notice have the meanings given to them in the Conditions of the
PIBS.
This Notice contains inside information and has been made by
Anthony Chapman, Group Treasurer, on behalf of the Issuer, at 7 am
on 22 February 2017.
Skipton Building Society
The Bailey, Skipton, North Yorkshire, BD23 1DN
Date: 22 February 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
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