Investor relations6 Oct 2023 18:46
Not sure if anyone else reached out to Investor relations. I called and spoke with them:
- Ideally they didn’t feel the need to release the RNS in relation to the PRA ongoing application, because, it remains ongoing. It was only because the legal advisor thought it needed to be stated as viewed as insider information.
- That the bank is always looking to enhance its capital position and so, as such, the “leak” wasn’t actually highlighting anything new.
- ultimately it’s just noise and things remain as they were with the last trading update.
- They are currently in a closed period so communication is restricted. More reassurance / clarification will likely accompany the next trading update at the end of this month / start of next.