Skipton Building Society Plc has announced that at the General Meeting to be held on 2nd December 2025, shareholders approved the redemption of the 12.875 per cent. Permanent Interest-Bearing Shares (PIBS).
As such, Skipton has redeemed 100% of the PIBS in issue at a price equal to 208 per cent., or £2,080 for each £1,000 of the principal amount of PIBS so purchased.
PIBS shareholders also received £46.21 in accrued interest for each £1,000 of the principal amount of PIBS redeemed.
In addition, shareholders who applied to tender their shares, or issued a Voting-Only instruction, received a further £20 for each £1,000 of the principal amount of PIBS held.
If you wish to discuss investment options for the cash now on your account, please contact our Brokers on 0161 832 6581.
Corporate Action Administration
Direct Line – 0161-819-4850 | Email: caisa@pilling.co.uk