JL Jurkiewicz

Finessing fantasy fiction since forever

Virgin Money Trade Mark Licence Agreement

Posted by admin on December 19, 2020
Posted in: Uncategorized.

As part of its wholesale financing activities, CYBG has gained access to securitization markets through its Lanark or Lannraig Mortgage Backed Securities program and the Regulated Covered Bond program and will continue to access securitization markets from time to time. The closing price of a “Virgin Money” or “cyb” share (if any), as reflected in the Daily`s official list on a given date; this announcement and the documents to be published in accordance with Rule 26 of the acquisition code will be available without delay and, in any event, no later than 12:00 p.m. on June 19, 2018, subject to certain restrictions on persons residing in restricted jurisdictions, on CYBG`s website at uk.virginmoney.com/virgin/investor-relations/offer-from-cybg/ www.cybg.com/cybg-update/ and on virgin Money`s website. The content of the websites mentioned in this notice is not part of this ad and is not part of this ad. With more than 175 years of history, CYBG Group is the uk`s leading mid-sized private and SME bank with a long-standing franchise in its central regions (Scotland, North East England, North West, Yorkshire and Humber) and selected national markets. Headquartered in Glasgow, Scotland, CYBG Offers a full range of banking products and services through its community brands Clydesdale Bank and Yorkshire Bank, including mortgages, current accounts, deposits, term loans, term loans, working capital solutions, overdrafts, credit cards and payment and transaction services. Clydesdale Bank is also one of the few banks in the world to make banknotes. It will act under the Virgin Money brand, as The Clydesdale name will be phased out in the coming years. The transfer of the trademark licence between Virgin Enterprises and Virgin Money on 1 October 2014, amended and amended on 25 July 2016, will continue to be listed on the official list and traded on the London Stock Exchange. CYBG will continue to have a secondary listing and chess Depositary Interests, which represent CYBG shares, will continue to be traded on the Australian Securities Exchange; Since the acquisition of Northern Rock in 2012, Virgin Money has implemented a growth strategy focused on creating a data-driven, customer-focused digital bank, diversifying the SME market and significant growth. As of March 31, 2018, Virgin Money had a credit outstanding of approximately $37 billion and just over 3,200 employees, serving 3.34 million customers in 74 UK stores and 8 salons. CYBG reserves the right to decide, with the agreement of the panel and subject to the terms of the cooperation agreement, to implement the offer as an alternative to the system through a takeover offer. In this case, the offer is implemented under the same conditions (subject to appropriate changes, including (without limitation) the inclusion of a 90% acceptance requirement.

(or a smaller percentage, as CYBG may decide with Virgin Money`s agreement and subject to the rules of the acquisition code and with the agreement of the panel) of the shares to which the offer relates) than those that would apply to the system. In addition, in the event of a sufficient takeover offer and/or acquisition of sufficient Virgin Shares, CYBG intends to apply the provisions of the 2006 Act in order to forcibly acquire all outstanding shares of Virgin Money subject to an offer of acquisition. Jayne-Anne Gadhia (the CEO of the virgin currency) has agreed to withdraw from his current role after the closing of the offer and has entered into a transaction agreement with Virgin Money, which will come into effect at the close of the offer.

Posts navigation

← Vendor Buying Agreement
Walkway Agreement →
  • Follow JL

    • facebook
  • Archives

  • Categories

    • No categories
  • Login

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
Proudly powered by WordPress Theme: Parament by Automattic.