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Santander UK plc issued a Notice of Redemption on 17 February 2025 for its Series 1244 securities (ISIN: XS2715273061). A Trigger Condition was satisfied on 13 February 2025, leading to the redemption of these securities on 27 February 2025, after which the company will request their removal from the FCA Official List and London Stock Exchange main market.
| Date | 17 Feb 2025 |
| Time | 12:47:43 |
| Category | Corporate updates |
| ID | 3886X |
Company Announcement
For immediate release
17 February 2025
NOTICE OF REDEMPTION
Santander UK plc (the "Issuer")
This notice relates to the following securities (the "Securities") issued by the Issuer on 13 February 2024 pursuant to the prospectus for its Structured Note and Certificate Programme dated 17 March 2023 (the "Base Prospectus") and the final terms dated 24 November 2023 (the "Final Terms"):
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Series 1244 |
ISIN: XS2715273061 |
Common Code: 271527306 |
Notice is hereby given to the Securityholders that the Trigger Condition (as such term is defined in the Share Issue Terms relating to the Preference Shares) was satisfied on 13 February 2025. Consequently, in accordance with the provisions of Part A, Paragraph 22 of the Final Terms (Provisions relating to Preference Share Linked Redemption) and N&C Security Condition 6.1 (Redemption at maturity), the Securities will redeem on 27 February 2025.
The Issuer will request the Financial Conduct Authority to remove the Securities from the Official List and the London Stock Exchange to remove the Securities detailed from its main market following the Redemption Date.
For further information, please contact:
Structured Notes
Tel: +44 (0) 20 7756 7000 or [email protected]
Defined terms used in this notice and not defined herein shall have the meanings ascribed to them in the Final Terms.
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information contained in the Base Prospectus and the Final Terms may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Base Prospectus and/or the Final Terms) 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 Base Prospectus and/or the Final Terms is not addressed. Prior to relying on the information contained in the Base Prospectus and/or the Final Terms, you must ascertain from the Base Prospectus and/or the Final Terms 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.
The Final Terms referenced herein does not constitute an offer of securities for sale in the United States. The securities described herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under any relevant securities laws of any state of the United States of America, and may not be offered or sold to U.S. persons or to persons within the United States of America, except pursuant to an exemption from the Securities Act.
END