Virgin Money UK PLC
(Company)
LEI: 213800ZK9VGCYYR6O495
01 July 2024
Dividend Currency Exchange Rates - FY 2024
Dividend
On 13 June 2024, Virgin Money UK PLC
announced an interim ordinary dividend (the FY 2024 Dividend) in
respect of the financial year ending 30 September 2024 of 2.0p per
ordinary share in the Company (H1 2023:3.3p).
Except as otherwise defined in this
announcement, capitalised terms in this announcement are defined in
the Scheme Document published by the Company on 22 April
2024.
As referred to in the 13 June 2024
announcement, the FY 2024 Dividend will be paid to Virgin Money
Shareholders entitled thereto in the same currency as dividend
payments that such Virgin Money Shareholder would receive from the
Company in the ordinary course and in accordance with any existing
Electronic Payment Mandate held by Computershare at the
Record Date. Accordingly, such
payments will be made to the Virgin Money Shareholders entitled to
the relevant payment as follows:
(i) to Virgin Money CDI
Holders in respect of whom Computershare holds an Electronic
Payment Mandate as at the Record Date, in either Australian
Dollars, New Zealand Dollars or pounds sterling, as specified in
such Electronic Payment Mandate;
(ii) to Virgin Money CDI
Holders in respect of whom Computershare does not hold an
Electronic Payment Mandate as at the Record Date:
a. where such Virgin
Money CDI Holder has a registered address in the United Kingdom
entered on the CDI Register, by cheque in pounds
sterling;
b. to all other Virgin
Money CDI Holders, by cheque in Australian Dollars; and
(iii) to all Virgin Money Ordinary
Shareholders (other than CDN, the holder of the Virgin Money
Ordinary Shares underlying the Virgin Money CDIs as depositary
nominee), Virgin Money Share Account Holders who hold Virgin Money
Ordinary Shares through the Equiniti Nominee, and Virgin Money
Share Plan Account Holders who hold Virgin Money Ordinary Shares
through the Computershare Nominee, in pounds sterling.
Where the FY 2024 Dividend is to be
paid to a Virgin Money shareholder in Australian Dollars (AUD) or
New Zealand Dollars (NZD), currency conversions will be determined
by reference to the AUD and NZD exchange rates applicable to pounds
sterling at 11.00 (BST) on 1 July 2024.
This announcement confirms that the
exchange rates applicable for the FY 2024 Dividend for AUD and NZD
currency conversions are as follows:
GBP / AUD: 1.8972
GBP / NZD: 2.0779
The FY 2024 Dividend payment date is
30 July 2024.
Announcement authorised for release
by Lorna McMillan, Group Company Secretary.
For further information, please
contact:
Enquiries
Investors and
Analysts
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Richard Smith
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07483 399303
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Head of Investor Relations &
Sustainability
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richard.smith@virginmoney.com
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Company
Secretary
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Lorna McMillan
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07834 585436
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Group Company Secretary
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lorna.mcmillan@virginmoney.com
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Media
Relations
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Press Office
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0800 066 5998
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press.office@virginmoney.com
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