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RNS Number : 9293L Virgin Money UK PLC 25 April 2024
Virgin Money UK PLC
("Issuer")
LEI: 213800ZK9VGCYYR6O495
25 April 2024
NOTICE TO NOTEHOLDERS
€500,000,000 2.875 per cent. Fixed Rate Reset Callable Senior Notes due 2025
(the "Notes") issued under the £10,000,000,000 Global Medium Term Note
Programme of the Issuer and Clydesdale Bank PLC
ISIN: XS2126084750
COMMON CODE: 212608475
NOTICE IS HEREBY GIVEN that the Issuer will redeem the Notes in full on 24
June 2024 (the "Optional Redemption Date") pursuant to Condition 9(b)
(Redemption at the option of the Issuer) of the Notes. This redemption is
subsequent to the issuance of €750,000,000 4.000 per cent. Fixed Rate Reset
Callable Senior Notes due 2028 issued by the Issuer in March 2024, as a normal
part of the Group's funding management.
As specified in the terms and conditions of the Notes, the Notes will be
redeemed at their principal amount together with interest accrued and unpaid
to (but excluding) the Optional Redemption Date. Following redemption, the
Notes will be cancelled, and no further interest payments will be made.
Request will be made to (i) the Financial Conduct Authority ("FCA") to cancel
the listing of the Notes on the Official List of the FCA and (ii) to the
London Stock Exchange ("LSE") to cancel the admission to trading of the Notes
on the Main Market of the LSE, following redemption of the Notes.
Unless otherwise defined in this notice, all terms used in this notice are as
defined in the terms and conditions of the Notes.
Announcement authorised for release by Lorna McMillan, Group Company Secretary
For further information please contact:
Investors and Analysts
Richard Smith 07748 399303
Head of Investor Relations & Sustainability richard.smith@virginmoney.com
Company Secretary
Lorna McMillan 07834 585436
Group Company Secretary lorna.mcmillan@virginmoney.com
Media Relations
Press Office 0800 066 5998
press.office@virginmoney.com
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