Santander UK Group Holdings plc today announces that:
- on 11 December 2018, the Royal Court of Jersey approved the transfer of the business of the Jersey branch of Santander UK plc (“Santander UK”) to a new Jersey branch of Abbey National Treasury Services plc (“ANTS”) by way of a court-sanctioned transfer scheme under Jersey law (the “Jersey Scheme”); and
- on 13 December 2018, the Isle of Man High Court of Justice approved the transfer of the business of the Isle of Man branch of Santander UK to a new Isle of Man branch of ANTS by way of a court-sanctioned transfer scheme under Isle of Man law (the “Isle of Man Scheme”).
The transfers of business under the Jersey Scheme and the Isle of Man Scheme will be effected at 00.01 on 17 December 2018.
Further details relating to the Jersey Scheme and the Isle of Man Scheme can be found on https://www.santanderinternational.co.uk/
Santander UK Group Holdings plc and Banco Santander, S.A. both caution that this announcement may contain forward-looking statements. Such forward-looking statements are found in various places throughout this announcement. Words such as "believes", "anticipates", "expects", "intends", "aims" and "plans" and other similar expressions are intended to identify forward-looking statements, but they are not the exclusive means of identifying such statements. Forward-looking statements include, without limitation, statements concerning our future business development and economic performance. These forward-looking statements are based on management's current expectations, estimates and projections and both Santander UK Group Holdings plc and Banco Santander, S.A. caution that these statements are not guarantees of future performance. We also caution readers that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. We have identified certain of these factors in the forward looking statements on page 259 of the Santander UK Group Holdings plc 2017 Annual Report and page 72 of the Santander UK Group Holdings plc 2018 Half Yearly Financial Report. Investors and others should carefully consider the foregoing factors and other uncertainties and events. Undue reliance should not be placed on forward-looking statements when making decisions with respect to Santander UK Group Holdings plc, Santander UK plc, Banco Santander, S.A. and/or their securities. Such forward-looking statements speak only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.
Head of Investor Relations
020 7756 6474
Head of Media Relations
020 7756 4212