Company Announcement
For immediate release
7 January 2025
NOTICE OF
REDEMPTION
Santander UK plc (the "Issuer")
This notice relates to the following
securities (the "Securities") issued by the Issuer on 5
January 2024 pursuant to the prospectus for its Structured Note and
Certificate Programme dated 17 March 2023 (the "Base Prospectus") and the final terms
dated 25 September 2023 (the "Final Terms"):
Series 1241
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ISIN: XS2677617529
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Common Code: 267761752
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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 6 January 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 20 January 2025 (the "Redemption Date").
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
structurednotes@santandergbm.com
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