Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Notice for repurchase/cancellation of securities

24th Jun 2026 16:29

RNS Number : 6342J
TSB Banking Group PLC
24 June 2026
 

TSB BANKING GROUP PLC

(Legal Entity Identifier: 213800KWCGLFG9WZDX35)

(the "Issuer")

NOTICE FOR THE REPURCHASE OF THE CAPITAL SECURITIES AND NOTICE TO CANCEL THE CAPITAL SECURITIES

24 June 2026

£250,000,000 8.750 per cent. Fixed Rate Reset Additional Tier 1 Perpetual Non-Cumulative Contingent Convertible Securities

(ISIN: XS2951351589; Common Code: 295135158)

(the "Capital Securities")

NOTICE IS HEREBY GIVEN by the Issuer to the holders of the Capital Securities that the Issuer intends to repurchase the outstanding Capital Securities in full on or around 25 June 2026 pursuant to Condition 7(h) (Purchases) of the Terms and Conditions of the Capital Securities.

Following such repurchase of the Capital Securities, (i) the Capital Securities will be cancelled pursuant to Condition 7(i) (Cancellation) of the Terms and Conditions of the Capital Securities 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 Capital Securities on the International Securities Market to be cancelled with effect on or around 1 July 2026.

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

This Notice is given on 24 June 2026.

For further information, please email:

[email protected]

 

Notifying person:

Katherine Sinclair

Head of Wholesale Funding

 

TSB BANKING GROUP PLC

19th Floor, 8 Bishopsgate

London EC2N 4BQ

United Kingdom

 

DISCLAIMER - INTENDED ADDRESSEES

 

Please note that the information contained in the Offering Circular dated 3 December 2024 (the "Offering Circular") may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Circular is not addressed. Prior to relying on the information contained in the Offering Circular you must ascertain from the Offering Circular whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement. 

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 [email protected] or visit 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.
 
END
 
 
MSCAKQBBPBKDOAB
FTSE 100 Latest
Value10,529.89
Change68.26