Nationwide Building Society CCDS - Notification of Adjustment to PIR Cap (0589E)
May 03 2017 - 6:01AM
UK Regulatory
TIDMNBS TIDMNAWI
RNS Number : 0589E
Nationwide Building Society
03 May 2017
Nationwide Building Society
3 May 2017
NATIONWIDE BUILDING SOCIETY
(the "Society")
CORE CAPITAL DEFERRED SHARES ("CCDS") - NOTIFICATION
OF ADJUSTMENT TO THE PERIODIC INVESTMENT RETURNS ("PIR") CAP
NOTICE IS HEREBY GIVEN by the Society that, in respect of its
financial year ended 4 April 2017, the PIR cap on each CCDS of the
Society will be GBP15.67 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 2017 to the prevailing PIR cap
for the previous financial year of GBP15.32 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.
For further information, please contact:
Nationwide Building Society
One Threadneedle Street
London EC2R 8AW
Telephone: 0845 602 9053
Attention: Alex Wall
DISCLAIMER
This 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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