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Virgin Money UK PLC announced on 7 March 2024 the immediate suspension of its £150 million Buyback Programme, originally announced in November 2023. This action follows a separate announcement today regarding a potential cash acquisition of the Company by Nationwide Building Society. No purchases were made under the Buyback Programme on 6 March 2024.
| Date | 7 Mar 2024 |
| Time | 07:22:11 |
| Category | Capital structure |
| ID | 9690F |
Virgin Money UK PLC
LEI number: 213800ZK9VGCYYR6O495
ISIN: GB00BD6GN030
7 March 2024
Virgin Money UK PLC (the "Company")
Suspension of Buyback Programme
The Company today announces that further to the potential cash acquisition of the Company by Nationwide Building Society announcement released today, the Company has suspended the
£150 million Buyback Programme that was announced in November 2023 with immediate effect.
Any recommencement of the Buyback Programme will be announced to the market.
No purchases were made under the Buyback Programme on 6 March 2024.
This announcement does not constitute, or form part of, an offer or solicitation of an offer for securities in any jurisdiction.
Announcement authorised for release by Lorna McMillan, Group Company Secretary
For further information, please contact:
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Investors and Analysts |
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Richard Smith |
+44 7483 399 303 |
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Head of Investor Relations & Sustainability |
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Amil Nathwani |
+44 7702 100 398 |
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Senior Manager, Investor Relations |
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Martin Pollard |
+44 7894 814 195 |
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Senior Manager, Investor Relations |
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Company Secretary |
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Lorna McMillan |
07834 585436 |
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Group Company Secretary |
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Media Relations |
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Press Office |
0800 066 5998 |
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