CYBG : Virgin Money UK PLC (formerly CYBG) change of name

Virgin Money UK PLC (formerly CYBG) change of name

Released : 31 Oct 2019 07:00

RNS Number : 7565R

Virgin Money UK PLC

31 October 2019

Virgin Money UK PLC

(Company)

LEI:213800ZK9VGCYYR6O495

31 October 2019

Virgin Money UK PLC (formerly CYBG) change of name

Following a Board Meeting held yesterday, the Company is pleased to announce that its change of name from CYBG PLC to Virgin Money UK PLC ('the Group') was effective on 30 October 2019.

As a result, the Group confirms that as of 31 October 2019 its shares will trade under its new name of Virgin Money UK PLC and its London Stock Exchange symbol will change to VMUK. The ISIN and SEDOL for the Group's shares remain unchanged and are GB00BD6GN030 and BD6GN03 respectively.

The Group is in the process of registering its change of foreign company name from CYBG PLC to Virgin Money UK PLC with the Australian Securities and Investments Commission (ASIC). The Group will make an Australian Securities Exchange (ASX) announcement confirming its change of name, ASX code and new ISIN once the name has been successfully registered with ASIC, which is expected in the next two weeks.

The Group's corporate website is now available at www.virginmoneyukplc.com

The Group's registered office will be Jubilee House, Gosforth, Newcastle upon Tyne, NE3 4PL.

This is another significant milestone in the Group's integration programme. The Group will update further on the progress made over the past twelve months and the exciting opportunities ahead at our full year results on 28 November 2019.

For further information, please contact:

Investors and Analysts
Andrew Downey Head of Investor Relations	[phone] [phone]
	[e-mail]
Media (UK)
Christina Kelly	[phone]
Senior Media Relations Manager	[e-mail]
Simon Hall	[phone]
Media Relations Manager	[e-mail]
Press Office	[phone]
	[e-mail]
Powerscourt
Victoria Palmer-Moore	[phone]
Andy Smith	[phone]
Media (Australia)
Citadel Magnus
Peter Brookes	[phone]
James Strong	[phone]

Forward looking statements

The information in this document may include forward looking statements, which are based on assumptions, expectations, valuations, targets, estimates, forecasts and projections about future events. These can be identified by the use of words such as 'expects', 'aims', 'targets', 'seeks', 'anticipates', 'plans', 'intends', 'prospects', 'outlooks', 'projects', 'forecasts' 'believes', 'estimates', 'potential', 'possible', and similar words or phrases. These forward looking statements, as well as those included in any other material discussed at any presentation, are subject to risks, uncertainties and assumptions about the Group and its securities, investments, and the environment in which it operates, including, among other things, the development of its business and strategy, any acquisitions, combinations, disposals or other corporate activity undertaken by the Group (including but not limited to the integration of the business of Virgin Money Holdings (UK) plc and its subsidiaries into the Group), trends in its operating industry, changes to customer behaviours and covenant, macroeconomic and/or geopolitical factors, changes to its board and/ or employee composition, exposures to terrorist activity, IT system failures, cyber-crime, fraud and pension scheme liabilities, changes to law and/or the policies and practices of the Bank of England, the FCA and/or other regulatory and governmental bodies, inflation, deflation, interest rates, exchange rates, changes in the liquidity, capital, funding and/or asset position and/or credit ratings of the Group, future capital expenditures and acquisitions, the repercussions of the UK's referendum vote to leave the European Union (EU), the UK's exit from the EU (including any change to the UK's currency), Eurozone instability, and any referendum on Scottish independence.

In light of these risks, uncertainties and assumptions, the events in the forward looking statements may not occur. Forward looking statements involve inherent risks and uncertainties. Other events not taken into account may occur and may significantly affect the analysis of the forward looking statements. No member of the Group or their respective directors, officers, employees, agents, advisers or affiliates gives any assurance that any such projections or estimates will be realised or that actual returns or other results will not be materially lower than those set out in this document and/ or discussed at any presentation. All forward looking statements should be viewed as hypothetical. No representation or warranty is made that any forward looking statement will come to pass. No member of the Group or their respective directors, officers, employees, agents, advisers or affiliates undertakes any obligation to update or revise any such forward looking statement following the publication of this document nor accepts any responsibility, liability or duty of care whatsoever for (whether in contract, tort or otherwise) or makes any representation or warranty, express or implied, as to the truth, fullness, fairness, merchantability, accuracy, sufficiency or completeness of the information in this document.

The information, statements and opinions contained in this document do not constitute or form part of, and should not be construed as, any public offer under any applicable legislation or an offer to sell or solicitation of any offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments. The distribution of this document in certain jurisdictions may be restricted by law. Recipients are required by the Group to inform themselves about and to observe any such restrictions. No liability to any person is accepted in relation to the distribution or possession of this document in any jurisdiction. The information, statements and opinions contained in this document and the materials used in and/ or discussed at, any presentation are subject to change.

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