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  5. Statement regarding interim costs award

Pin to quick picksNewcastle6.75% Regulatory News (MBSP)

Newcastle6.75% Information

Share Price Information for Newcastle6.75% (MBSP)

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Share Price: 97.00
Bid: 95.00
Ask: 99.00
Change: 0.00 (0.00%)
Spread: 4.00 (4.211%)
Open: 97.00
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Statement regarding interim costs award

23 May 2018 15:51

RNS Number : 0799P
Manchester Building Society
23 May 2018
 

This announcement contains inside information

 

Statement regarding interim costs award

 

 

Further to the announcement on 2 May 2018 regarding the outcome of the court case Manchester Building Society v Grant Thornton UK LLP and further to the announcement on 18 May 2018 regarding the costs hearing for the case, the amount of interim costs payable by Manchester Building Society ("the Society") to Grant Thornton UK LLP ("Grant Thornton") has been calculated.

 

The amount payable is £1,973,215, to be paid by 15 June 2018. This amount is net of the damages awarded to the Society and the interim costs Grant Thornton were ordered to pay to the Society.

 

The person responsible for arranging the release of this announcement on behalf of Manchester Building Society is Christopher Gee, Society Secretary.

Enquiries

Andy Donald - Maitland

020 7379 5151

adonald@maitland.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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