Core Capital Deferred Shares

This information is required to be published following Rule 1(a); however Members should note that the Society has no Core Capital Deferred Shares in issue.

The Periodic Distributions Cap relating to each Core Capital Deferred Share in respect of the financial year to 30 April 2017 was £15.03 per share. The adjustment for inflation to the Periodic Distributions Cap is 2.69% in line with the April 2017 Consumer Prices Index figure. Accordingly the adjusted Cap in respect of the financial year to 30 April 2018 is £15.44.


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