Last checked at 16 Mar 2018 10:24
Nationwide Building Society1(the Issuer)
NOTICEto the holders of its
£350,000,000 6.024 per cent. Permanent Interest Bearing Shares
(the PIBS)(ISIN: XS0284776274 / Common Code: 028477627)
NOTICE IS HEREBY GIVEN by the Issuer to the holders of the PIBS that, having obtained the Relevant Supervisory Consent, the Issuer will redeem the PIBS in full on 8 May 2018 (being the Interest Payment Date scheduled for 6 May 2018 as adjusted by the business day convention in accordance with Condition 4.1) pursuant to Condition 5.2 of the Special Conditions of Issue of the PIBS (the Conditions, and references to a number Condition shall be read accordingly). As specified in Condition 5.2, the PIBS will be redeemed at their principal amount together with accrued and unpaid interest to (but excluding) the date of redemption.
Following redemption of the PIBS, (i) the PIBS will be cancelled and no further interest payments will be made and (ii) request will be made to the Financial Conduct Authority (the FCA) and to the London Stock Exchange plc (the LSE) for the PIBS to be removed from the Official List maintained by the FCA and for their admission to trading on the LSE to be cancelled.
Unless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the Conditions.
For further information, please contact:
Nationwide Building Society
Alex Wall
Head of Capital, Ratings & Investor Relations
alexander.wall@nationwide.co.uk
020 7261 6568
Dated: 16 March 2018
LEI: 549300XFX12G42QIKN82