Virgin Money UK PLC Directorate Change
27 Settembre 2024 - 2:10PM
RNS Regulatory News
RNS Number : 0679G
Virgin Money UK PLC
27 September 2024
VIRGIN MONEY UK PLC
(Company or Virgin Money)
LEI: 213800ZK9VGCYYR6O495
27 September 2024
Directorate Change
The Company announces that Sara
Weller, the Virgin Money director who is appointed to the Virgin
Money Board as a representative of Virgin Enterprises Limited, will
step down from the Virgin Money Board conditional upon, and with
effect from, the scheme of arrangement between Virgin Money and its
shareholders under Part 26 of the Companies Act (the "Scheme") to implement the recommended
cash acquisition of the entire issued and to be issued share
capital of Virgin Money by Nationwide Building Society
("Nationwide") (the
"Acquisition") becoming
Effective. She will also step down as a director of Clydesdale Bank
on the same date.
Additionally, the Company announces
that Darren Pope a non-executive director of Virgin Money and of
Clydesdale Bank, has informed the Virgin Money Board of his
intention to take up another non-executive director role externally
which will cause a conflict with his role at Virgin Money. He will
therefore also step down from the Virgin Money Board and as a
director of Clydesdale Bank conditional upon, and with effect from,
the Scheme becoming Effective.
David Bennett, Board Chair said "On
behalf of the Board I would like to thank Sara and Darren for their
significant contribution during their time on the Board including
most recently during the Acquisition period when their experience
and insights have been invaluable. We wish Sara and Darren all the
best for the future."
Unless otherwise defined, all
capitalised terms in this announcement have the meaning given to
them in the scheme document relating to the Acquisition published
on 22 April 2024.
Announcement authorised for release
by Lorna McMillan, Group Company Secretary.
For further information, please
contact:
Investors and
Analysts
|
|
Richard Smith
|
07483 399303
|
Head of Investor Relations &
Sustainability
|
richard.smith@virginmoney.com
|
|
|
Company
Secretary
|
|
Lorna McMillan
|
07834 585436
|
Group Company Secretary
|
lorna.mcmillan@virginmoney.com
|
|
|
Media
Relations
|
|
Press Office
|
0800 066 5998
|
|
press.office@virginmoney.com
|
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END
BOAGZGZLZNRGDZM
Grafico Azioni Clydesdale Bk27 (LSE:91XR)
Storico
Da Set 2024 a Ott 2024
Grafico Azioni Clydesdale Bk27 (LSE:91XR)
Storico
Da Ott 2023 a Ott 2024