REG - Coventry BuildingSoc - Notice of Redemption

Capital SecuritiesAnnouncement

22/07/2024 16:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240722:nRSV3299Xa&default-theme=true

RNS Number : 3299X  Coventry Building Society  22 July 2024

Coventry Building Society

(Legal Entity Identifier: 2138004G59FXEAZ6IO10)

(the "Issuer")

NOTICE

to the holders of the

£415,000,000 Perpetual Contingent Convertible Additional Tier 1 Capital
Securities

(ISIN: XS1961836712  / Common Code: 196183671)

(the "Perpetual Capital Securities")

 

NOTICE IS HEREBY GIVEN by the Issuer to the holders of the Perpetual Capital
Securities that, having obtained the consent of the Regulator, the Issuer will
redeem the remaining outstanding Perpetual Capital Securities in full on 18
September 2024 pursuant to Condition 7.2 (Society's option to repay) of the
Conditions of Issue of the Perpetual Capital Securities.

As specified in the Conditions of Issue of the Perpetual Capital Securities,
the Perpetual Capital Securities will be redeemed at their nominal amount,
together with accrued and unpaid interest to (but excluding) 18 September
2024.

Following redemption of the Perpetual Capital Securities, (i) the Perpetual
Capital Securities will be cancelled and no further interest payments will be
made and (ii) request will be made to the London Stock Exchange plc for the
admission to trading of the Perpetual Capital Securities on the International
Securities Market to be cancelled.

Unless otherwise defined in this Notice, terms used in this Notice have the
meanings given to them in the Conditions of Issue of the Perpetual Capital
Securities.

For further information, please contact Coventry Building Society at:
media@thecoventry.co.uk.

Dated: 22 July 2024

___

Disclaimer: This notice is given pursuant to the Conditions of Issue of the
Perpetual Capital Securities for information purposes and does not constitute
an offer to sell or a solicitation of an offer to buy any securities in any
jurisdiction.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCUUOURSWUBUAR