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Permanent Interest Bearing Shares

5 Aug 2020 08:32

RNS Number : 1993V
Newcastle Building Society
05 August 2020
 

Newcastle Building Society introduces the CREST settlement facility to the £10 million 12.625% and 10.75% Permanent Interest Bearing Shares

 

Newcastle Building Society ("The Society") wishes to provide notice of a decision to enable for CREST settlement the Society's two £10 million Permanent Interest Rate Bearing Shares ("PIBS"), currently listed at the London Stock Exchange, (12.625%, ISIN GB0006361371 and (10.75%, ISIN GB0006371529)

The two ISINs are to be CREST enabled today, 5th August 2020, and this has been introduced to ease the process for PIBS holders, in the event that they wish to transact on their holdings.

Please note there is no change to the method of the half-yearly PIBS interest payments which will continue to be paid by BACS or Cheque.

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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