4th Aug 2010 07:05
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.
Related Shares:
Sant Uk.10te%