Examples of Additional Tier 1 Capital in a sentence
The Society has agreed to issue £40,000,000 Perpetual Contingent Convertible Additional Tier 1 Capital Securities (the "Perpetual Capital Securities" which expression shall include, unless the context otherwise requires, any Further Perpetual Capital Securities issued pursuant to Condition 16(a)).
The £40,000,000 Perpetual Contingent Convertible Additional Tier 1 Capital Securities (the "Perpetual Capital Securities", which term shall, unless the context otherwise requires, include any Further Perpetual Capital Securities issued pursuant to Condition 16(a)) are issued under, and are subject to, the Rules (the "Rules") of Newcastle Building Society (subject as provided in Condition 1.3, the "Society") for the time being.
ISIN: XS2925943305 Common Code: 292594330 (incorporated in England under the Building Societies Act 1986, as amended) Newcastle Building Society (the "Society") hereby certifies that Citivic Nominees Limited (the "Nominee") is, at the date hereof, entered in the Perpetual Capital Securities Register as the holder of an aggregate nominal amount of £40,000,000 Perpetual Contingent Convertible Additional Tier 1 Capital (the "Perpetual Capital Securities") issued by the Society.
The issue of Perpetual Contingent Convertible Additional Tier 1 Capital Securities (the "Perpetual Capital Securities") in an aggregate principal amount of £40,000,000 was duly authorised by the Board of Directors of Newcastle Building Society (the "Society") by resolutions passed on 2 October 2024 and 3 December 2024 and by a duly authorised committee of the Board of Directors of the Society by resolutions passed on 21 October 2024.