REG - Santander UK Plc - Result of AGM

British LandAnnouncement

01/04/2022 19:30

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RNS Number : 0498H  Santander UK Plc  01 April 2022

Companies Act 2006

 

Resolutions of

SANTANDER UK PLC

 (the "Company")

 

 

At the 2022 ANNUAL GENERAL MEETING OF THE COMPANY, registered at 2 Triton
Square, Regent's Place, London, NW1 3AN, which was convened and held via
videoconference, at 10:30 a.m. on 1 April 2022, the following resolutions were
duly passed.

 

Resolutions 19 and 20 were passed as Special Resolutions:

 

 

Special Resolutions

 

19.       THAT the Company be authorised, without conditions, to buy
back its own 8⅝% preference shares. The following terms apply:

 

(a)        The Company may buy back up to 125,000,000 8⅝% preference
shares;

 

(b)        The lowest price which the Company can pay for 8⅝%
preference shares is 75% of the average of the market values of the preference
shares for five business days before the purchase is made; and

 

(c)        The highest price (not including expenses) which the Company
can pay for each 8⅝% preference share is 125% of the average of the market
values of the preference shares for five business days before the purchase is
made.

 

This authority shall begin on the date of the passing of this resolution and
end on the conclusion of the next Annual General Meeting of the Company. The
Company may agree, before this authorisation ends, to buy back its own 8⅝%
preference shares even though the purchase may be completed after this
authorisation ends.

 

20.       THAT the Company be authorised, without conditions, to buy
back its own 10⅜% preference shares.  The following terms apply:

 

(a)          The Company may buy up to 200,000,000 10⅜% preference
shares;

 

(b)          The lowest price which the Company can pay for 10⅜%
preference shares is 75% of the average of the market values of the preference
shares for five business days before the purchase is made; and

 

(c)          The highest price (not including expenses) which the
Company can pay for each 10⅜% preference share is 125% of the average of the
market values of the preference shares for five business days before the
purchase is made.

 

This authority shall begin on the date of the passing of this resolution and
end on the conclusion of the next Annual General Meeting of the Company. The
Company may agree, before this authorisation ends, to buy back its own 10⅜%
preference shares even though the purchase may be completed after this
authorisation ends.

 

 

END

 

 

 

 

 

 

 

 

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