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Notice of Capital Injection

4th Aug 2010 07:05

RNS Number : 4870Q
Santander UK Plc
04 August 2010
 



4 August 2010

 

Notice of Capital Injection

 

Santander UK plc ("Santander UK") announces that on 3 August 2010, Banco Santander S.A. ("Banco Santander"), through a wholly-owned Spanish-based subsidiary Santusa Holding, S.L., provided £4,456 million of equity capital to Santander UK.

The capital will be used to support organic and inorganic growth as well as a planned reorganisation of Group companies in the UK. The reorganisation will result in Santander UK owning all UK-related Group businesses, consistent with the strategy of offering a full-service commercial bank 1.

 

The capital increase has received all relevant regulatory approvals.

 

Ends

Media & Investor Contacts

 

Matthew Young (Corporate Communications) 020 7756 4232

Anthony Frost (Corporate Communications 020 7756 5536

Israel Santos (Investor Relations) 020 7756 4275

 

Notes to Editors

 

1. The planned reorganisation of Group companies in the UK is subject to FSA approval.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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