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From this page, you can access the principal Santander UK plc and Abbey National Treasury Services plc stock exchange announcements since 2010

  • 15 August 2019

     

    Santander UK Group Holdings plc and Santander UK plc (together "Santander UK")

     

    BOARD CHANGES

     

    Santander UK today announces that Bruce Carnegie-Brown will be re-joining the Boards of Santander UK as a Non-Executive Director, with effect from 16 September 2019.

     

    For media enquiries, please contact:

     

    Adam Williams       Head of Media Relations        0207 756 5533

     

    Notes to Editors:

     

    Bruce Carnegie-Brown

     

    Bruce Carnegie-Brown is currently Vice Chairman and Lead Independent Director of Banco Santander, S.A. (since 2015) and Chairman of Lloyd’s of London.

     

    Previously, he was non-executive chairman of Moneysupermarket.com Group plc (2014-2019), non-executive director of JLT Group plc (2016-2017), non-executive director of Santander UK Group Holdings plc (2014-2017) and non-executive director of Santander UK plc (2012-2017).

     

    He was also non-executive chairman of Aon UK Ltd (2012-2015), and was Senior Independent Director at Close Brothers Group plc (2006-2014) and Catlin Group Ltd (2010-2014).

     

    As an executive, he was co-founder and managing partner of the listed private equity division of 3i Group plc, President and CEO of Marsh Europe and a managing director of JP Morgan.

     

    Additional information about Santander UK and Banco Santander, S.A.

    Banco Santander, S.A. (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, based in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. Banco Santander is among the world’s top banks by market capitalisation. Founded in 1857, Banco Santander has 144 million customers, 13,217 branches and over 200,000 employees at the close of December 2018. In 2018, Banco Santander made attributable profit of EUR 7,810 million.

     

    Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 March 2019, the bank serves around 15 million active customers with c24,000 employees and operates through 754 branches (which includes 51 university branches) and 63 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

     

    Banco Santander, S.A. has a standard listing of its ordinary shares on the London Stock Exchange and Santander UK plc has preference shares listed on the London Stock Exchange.

     

    Nothing in this announcement constitutes or should be construed as constituting a profit forecast.

     

    Further information about Santander UK is available at the group’s website: www.aboutsantander.co.uk

  •  

    9 August 2019

     

    Santander UK Group Holdings plc Half Yearly Financial Report for the six months ended 30 June 2019.

     

    Santander UK Group Holdings plc – 2019 Half Yearly Financial Report
     

  •  

    9 August 2019

     

    Santander UK plc Half Yearly Financial Report for the six months ended 30 June 2019.

     

    Santander UK plc – 2019 Half Yearly Financial Report
     

  •  

    23 July 2019

     

    This statement provides a summary of the unaudited business and financial trends for the six months ended 30 June 2019 for Santander UK Group Holdings plc and its subsidiaries (Santander UK), including its principal subsidiary Santander UK plc. The results can be found here.

     

    Unless otherwise stated, references to results in previous periods and other general statements regarding past performance refer to the business results for the same period in 2018.

     

    The results of Banco Santander for the six months ended 30 June 2019 are also released today and can be found at www.santander.com. Santander UK’s results are included within Banco Santander’s financial statements on a Banco Santander reporting basis. The results of Santander UK in the United Kingdom differ from those reported by Banco Santander, due to different accounting treatments, consolidation adjustments and the treatment of the Banco Santander London Branch. The Banco Santander London Branch is not part of Santander UK but is included in the Banco Santander results for the United Kingdom.
     

     

    Santander UK Group Holdings plc – Quarterly Management Statement – Q2 2019

  • 10 July 2019

     

    Santander UK Group Holdings plc and Santander UK plc (together "Santander UK")

     

    BOARD CHANGES

     

    Santander UK has today announced the appointment of Madhukar (“Duke”) Dayal as Executive Director and Chief Financial Officer with effect from 16 September 2019.

     

    Antonio Roman will step down as Executive Director and Chief Financial Officer with effect from 15 September 2019.

     

    - Ends -

     

    For media enquiries, please contact:

     

    Adam Williams       Head of Media Relations        0207 756 5533

     

    Notes to Editors:

     

    Duke Dayal

     

    Duke Dayal has extensive financial services experience in a wide range of areas. Before joining Santander UK, Duke Dayal worked for Santander US in Boston as Chief Financial Officer of Santander Holdings (April 2016 – July 2019) and President and Chief Executive Officer of Santander Bank, N.A. (September 2017 – July 2019). 

     

    Prior to joining Santander, he was with BNP Paribas for six years, where he served as Chief Financial Officer for BNP Paribas USA Holdings, BancWest and Bank of the West in San Francisco. Before that he helped lead a private equity start-up for JP Morgan Chase & Co., Brysam Global Partners, focused on building an international consumer banking franchise. Prior to that, he spent eight years with Citi in a variety of business and finance roles in New York, California, South Korea and Brussels.

     

    Duke Dayal earned a B.A. with Honors in Accounting and Finance from Nottingham Trent University and he is a member of the Chartered Institute of Management Accountants. Duke Dayal served as a member of the Executive Committee on the Board of Trustees for the Institute of International Banking in New York and as a Board member of the Federal Home Loan Bank of Pittsburgh.

     

    Additional information about Santander UK and Banco Santander, S.A.

    Banco Santander, S.A. (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, based in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. Banco Santander is among the world’s top banks by market capitalisation. Founded in 1857, Banco Santander has 144 million customers, 13,217 branches and over 200,000 employees at the close of December 2018. In 2018, Banco Santander made attributable profit of EUR 7,810 million.

     

    Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 March 2019, the bank serves around 15 million active customers with c24,000 employees and operates through 754 branches (which includes 51 university branches) and 63 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

     

    Banco Santander, S.A. has a standard listing of its ordinary shares on the London Stock Exchange and Santander UK plc has preference shares listed on the London Stock Exchange.

     

    Nothing in this announcement constitutes or should be construed as constituting a profit forecast.

     

    Further information about Santander UK is available at the group’s website: www.aboutsantander.co.uk

  • 7 May 2019

     

    Santander UK Group Holdings plc and Santander UK plc (together "Santander UK")

     

    BOARD CHANGES

     

    Santander UK today announces that Garrett Curran has been appointed as an Independent Non-Executive Director and will join the Boards of Santander UK and that Julie Chakraverty will be stepping down from the Boards of Santander UK.

     

    Santander UK further announces the appointment of Dirk Marzluf as a Banco Santander, S.A. nominated Non-Executive Director of the Santander UK Boards. He replaces Lindsey Argalas who will be stepping down from the Santander UK Boards. 

     

    All these changes are effective from 7 May 2019.

     

    - Ends -

     

    For media enquiries, please contact:

     

    Adam Williams       Head of Media Relations        020 7756 5533

     

    Notes to Editors:

     

    Garrett Curran

     

    Garrett has spent over 20 years in investment banking in a variety of positions, predominantly in global markets, capital markets and investment banking in London and New York. Most recently, he was CEO of Credit Suisse in the UK and the bank’s Chief Client Officer in EMEA, whilst also managing and supervising their Global Markets EMEA client business, with responsibilities spanning strategy, operational management, supervision, culture and senior client relationships. Since leaving Credit Suisse in 2016, Garrett has been an active advisor and investor specialising in financial services, technology and real estate.

     

    Dirk Marzluf

     

    Dirk joined Banco Santander as Group Head of Technology and Operations in September 2018.  He joined Banco Santander from AXA Group, where he served as Group Chief Information Officer (CIO) since 2013 leading the insurance group’s technology and information security transformation, its overall project portfolio and as co-sponsor of its digital strategy.  His global technology leadership roles include previous work at Accenture, Daimler Chrysler and Winterthur Group. 

     

    As Banco Santander Group Head of Technology and Operations, Dirk Marzluf is responsible for leading the information technology and operations function and its strategic development. 

     

    Additional information about Santander UK and Banco Santander, S.A.
    Banco Santander, S.A. (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, based in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. Banco Santander is among the world’s top banks by market capitalisation. Founded in 1857, Banco Santander has 144 million customers, 13,217 branches and over 200,000 employees at the close of December 2018. In 2018, Banco Santander made attributable profit of EUR 7,810 million.

     

    Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 March 2019, the bank serves around 15 million active customers with c24,000 employees and operates through 754 branches (which includes 51 university branches) and 63 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

     

    Banco Santander, S.A. has a standard listing of its ordinary shares on the London Stock Exchange and Santander UK Group Holdings plc and Santander UK plc have preference shares listed on the London Stock Exchange.

     

    Nothing in this announcement constitutes or should be construed as constituting a profit forecast.

     

    Further information about Santander UK is available at the group’s website: www.aboutsantander.co.uk

  •  

    2 May 2019

     

    Santander UK Group Holdings plc (the “Company”)

     

    At the ANNUAL GENERAL MEETING OF THE COMPANY, duly convened and held at 10:30 a.m. on 2 May 2019 at 2 Triton Square, Regent’s Place, London, NW1 3AN, the following resolutions were duly passed.

     

    Resolutions 7 to 8 were passed as Special Resolutions:

     

    Special Resolutions

     

    7. THAT the Articles of Association be amended so that the text of sub-article 11.2 is deleted and the following text is inserted in its place:

     
    “Subject to article 11.3, the quorum for directors’ meetings may be fixed from time to time by a decision of the directors, but (subject to article 11.3) it must never be less than two, and unless otherwise fixed it is two, of which at least one is an Independent Non-Executive Director.”
     

    8. THAT the Articles of Association of the Company be amended by inserting a new Article 25 as follows:

     
    RETIREMENT OF DIRECTORS BY ROTATION
     
    At each annual general meeting of the Company every Director shall retire from office. A retiring Director may offer himself or herself for re-appointment by the members and a Director that is so re-appointed will be treated as continuing in office without a break.”

     

    The existing Articles of Association shall be renumbered accordingly.

  •  

    2 May 2019

     

    Santander UK plc (the “Company”)

     

    At the ANNUAL GENERAL MEETING OF THE COMPANY, duly convened and held at 10:00 a.m. on 2 May 2019 at 2 Triton Square, Regent’s Place, London, NW1 3AN, the following resolutions were duly passed.

     

    Resolutions 7 to 11 were passed as Special Resolutions:

     

    Special Resolutions

    7. THAT the Company be authorised, without conditions, to buy back its own 85/8% preference shares. The following terms apply:

     
    (a) The Company may buy back up to 125,000,000 85/8% preference shares;
     
    (b) The lowest price which the Company can pay for 85/8% preference shares is 75% of the average of the market values of the preference shares for five business days before the purchase is made; and
     
    (c) The highest price (not including expenses) which the Company can pay for each 85/8% preference share is 125% of the average of the market values of the preference shares for five business days before the purchase is made.
     

    This authority shall begin on the date of the passing of this resolution and end on the conclusion of the next Annual General Meeting of the Company. The Company may agree, before this authorisation ends, to buy back its own 85/8% preference shares even though the purchase may be completed after this authorisation ends. 
     

    8. THAT the Company be authorised, without conditions, to buy back its own 103/8% preference shares. The following terms apply:

     
    (a) The Company may buy up to 200,000,000 103/8% preference shares;
     
    (b) The lowest price which the Company can pay for 103/8% preference shares is 75% of the average of the market values of the preference shares for five business days before the purchase is made; and
     
    (c) The highest price (not including expenses) which the Company can pay for each 103/8% preference share is 125% of the average of the market values of the preference shares for five business days before the purchase is made.
     

    This authority shall begin on the date of the passing of this resolution and end on the conclusion of the next Annual General Meeting of the Company. The Company may agree, before this authorisation ends, to buy back its own 103/8% preference shares even though the purchase may be completed after this authorisation ends.
     

    9. THAT the Company be authorised, without conditions, to buy back its own Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares. The following terms apply:

     
    (a) The Company may buy up to 13,780 Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares;
     
    (b) The lowest price which the Company can pay for Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares is 75% of the average of the market values of the preference shares for five business days before the purchase is made; and
     
    (c) The highest price (not including expenses) which the Company can pay for each Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares is 125% of the average of the market values of the preference shares for five business days before the purchase is made.
     

    This authority shall begin on the date of the passing of this resolution and end on the conclusion of the next Annual General Meeting of the Company. The Company may agree, before this authorisation ends, to buy back its own Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares even though the purchase may be completed after this authorisation ends.
     

    10. THAT the Articles of Association be amended so that the text of sub-article 13.2 is deleted and the following text is inserted in its place:


     

    “Subject to article 13.3, the quorum for directors’ meetings may be fixed from time to time by a decision of the directors, but (subject to article 13.3) it must never be less than two, and unless otherwise fixed it is two, of which at least one is an Independent Non-Executive Director.”

     

    11. THAT the Articles of Association of the Company be amended by inserting a new Article 27 as follows:

     
    RETIREMENT OF DIRECTORS BY ROTATION
     
    At each annual general meeting of the Company every Director shall retire from office. A retiring Director may offer himself or herself for re-appointment by the members and a Director that is so re-appointed will be treated as continuing in office without a break.”

     

    The existing Articles of Association shall be renumbered accordingly.

  •  

    1 May 2019

     

    Santander UK Group Holdings plc (the “Company”)

     

    NOTICE OF ANNUAL GENERAL MEETING

     

    NOTICE IS HEREBY GIVEN that the 2019 Annual General Meeting (“AGM”) of the Company will be held at 2 Triton Square, Regent’s Place, London, NW1 3AN on 2 May 2019 at 10.30 a.m. to consider and, if thought fit, to pass the resolutions set out below:

     

    Ordinary Resolutions

     

    1. To receive the Company’s Annual Report and Accounts for the year ended 31 December 2018, including the Strategic Report and the reports of the Directors and the Company’s auditors.

     

    2. To approve the Directors’ Remuneration Report (excluding the Remuneration Policy as set out on pages 54 to 55) contained within the Company’s Annual Report and Accounts for the year ended 31 December 2018.

     

    3. To approve the Directors’ Remuneration Policy as set out on pages 54 to 55 of the Directors’ Remuneration Report contained within the Company’s Annual Report and Accounts for the year ended 31 December 2018.

     

    4. To re-appoint PricewaterhouseCoopers LLP as auditors of the Company.

     

    5. To authorise the Directors to determine the auditors remuneration.

     

    6. THAT in accordance with sections 366 and 367 of the Companies Act 2006, the Company and all companies that are subsidiaries of the Company at the time at which this resolution is passed or at any time during the period for which this resolution has effect, are authorised to:

     

    (a) make political donations to political parties and/or independent election candidates in aggregate not exceeding £150,000 in total;
     
    (b) make political donations to political organisations other than political parties in aggregate not exceeding £150,000 in total; and
     
    (c) incur political expenditure in aggregate not exceeding £150,000 in total,

    during the period beginning with the date of the passing of this resolution and ending on the conclusion of the next Annual General Meeting of the Company. For the purpose of this resolution, the terms “political donation” and “political expenditure” have the meanings as set out in sections 363 to 365 of the Companies Act 2006.

     

    Special Resolutions

     

    7. THAT the Articles of Association be amended so that the text of sub-article 11.2 is deleted and the following text is inserted in its place:

    “Subject to article 11.3, the quorum for directors’ meetings may be fixed from time to time by a decision of the directors, but (subject to article 11.3) it must never be less than two, and unless otherwise fixed it is two, of which at least one is an Independent Non-Executive Director.”

     

    8. THAT the Articles of Association of the Company be amended by inserting a new Article 25 as follows:

    “RETIREMENT OF DIRECTORS BY ROTATION

    At each annual general meeting of the Company every Director shall retire from office. A retiring Director may offer himself or herself for re-appointment by the members and a Director that is so re-appointed will be treated as continuing in office without a break.”

    The existing Articles of Association shall be renumbered accordingly.

     

    Date: 30 April 2019

    By Order of the Board

     


     

    Gavin White
    Company Secretary

     

    Registered Office:
    2 Triton Square
    Regent’s Place
    London NW1 3AN


    Registered in England and Wales No. 8700698

     

    Notes:

     

    A member entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and vote on his or her behalf. A proxy need not also be a member. A member may appoint more than one proxy in relation to the meeting provided that each proxy is appointed to exercise the rights to a different share or shares held by the member.

     

    To be effective the proxy appointment must be completed in accordance with the instructions and received by the Company no later than 48 hours before the time for which the meeting is convened.

     

    NOTES TO RESOLUTIONS

     

    Resolution 1

     

    Under section 437 of the Companies Act 2006, the directors are required to present the Company’s Annual Report and Accounts for the year ended 31 December 2018 to a general meeting.

     

    Resolution 2

     

    Under section 439 of the Companies Act 2006, the Company is required to ask shareholders to vote on the Directors’ Remuneration Report for the year ended 31 December 2018.

     

    Resolution 3

     

    Under the section 439A of the Companies Act 2006 the Company is required to ask shareholders to vote on the Remuneration Policy. The Remuneration Policy is set out on pages 54 to 55 of the Directors’ Remuneration Report contained in the Annual Report and Accounts for the year ended 31 December 2018. The policy must be put to a shareholder vote and approved at least once every three years, unless during that time the policy needs to be changed.

     

    Once approved, the Company will be able to make a remuneration payment to a current or prospective director if that payment is either consistent with the remuneration policy or, if it is not consistent with the remuneration policy, is approved by a shareholder resolution. The vote is binding meaning payments under the policy cannot be made until it has been approved by shareholders and, as a result, the policy will take effect from the passing of this resolution.

     

    Resolution 4

     

    To formally re-appoint the PricewaterhouseCoopers LLP as auditors of the Company.

     

    Resolution 5

     

    Section 492 of the Companies Act 2006 requires the auditors’ remuneration to be fixed by the Company’s shareholders by ordinary resolution or in such a manner as the Company’s shareholders may determine.

     

    Resolution 6

     

    Our policy is not to make donations to political parties or election candidates and the resolution is not designed to allow us to do so, it is merely as a precaution in case the legislation is inadvertently contravened. It is also implicit within our Corporate Governance Framework that political donations require Shareholder approval and we are not aware of any instances occurring to date that would require such an approval (and do not expect there to be any).

     

    In accordance with section 366 of the Companies Act 2006, the directors have decided to continue to seek shareholder authority for political donations and political expenditure in case activities of the Company or its subsidiaries are unintentionally caught by this legislation

     

    Resolution 7

     

    To amend the quorum requirements to ensure that the quorum includes an Independent Non-Executive Director.

     

    Resolution 8

     

    To ensure all Directors retire by rotation, in accordance with Provision 18 of the UK Corporate Governance Code 2018 which recommends that all directors of listed companies be subject to annual re-election by shareholders.

  •  

    1 May 2019

     

    Santander UK plc (the “Company”)

     

    NOTICE IS HEREBY GIVEN that the 2019 Annual General Meeting (“AGM”) of the Company will be held at 2 Triton Square, Regent’s Place, London, NW1 3AN on 2 May 2019 at 10.00 a.m. to consider and, if thought fit, to pass the resolutions set out below:

     

    Ordinary Resolutions
     

    1. To receive the Company’s Annual Report and Accounts for the year ended 31 December 2018, including the Strategic Report and the reports of the Directors and the Company’s auditors. 
     

    2. To approve the Directors’ Remuneration Report (excluding the Remuneration Policy as set out on pages 43 to 44) contained within the Company’s Annual Report and Accounts for the year ended 31 December 2018.
     

    3. To approve the Directors’ Remuneration Policy as set out on pages 43 to 44 of the Directors’ Remuneration Report contained within the Company’s Annual Report and Accounts for the year ended 31 December 2018.
     

    4. To re-appoint PricewaterhouseCoopers LLP as auditors of the Company.
     

    5. To authorise the Directors to determine the auditors remuneration.
     

    6. THAT in accordance with sections 366 and 367 of the Companies Act 2006, the Company and all companies that are subsidiaries of the Company at the time at which this resolution is passed or at any time during the period for which this resolution has effect, are authorised to:

     
    (a) make political donations to political parties and/or independent election candidates in aggregate not exceeding £150,000 in total;
     
    (b) make political donations to political organisations other than political parties in aggregate not exceeding £150,000 in total; and
     
    (c) incur political expenditure in aggregate not exceeding £150,000 in total,
     

    during the period beginning with the date of the passing of this resolution and ending on the conclusion of the next Annual General Meeting of the Company. For the purpose of this resolution, the terms “political donation” and “political expenditure” have the meanings as set out in sections 363 to 365 of the Companies Act 2006.
     

    Special Resolutions

    7. THAT the Company be authorised, without conditions, to buy back its own 85/8% preference shares. The following terms apply:

     
    (a) The Company may buy back up to 125,000,000 85/8% preference shares;
     
    (b) The lowest price which the Company can pay for 85/8% preference shares is 75% of the average of the market values of the preference shares for five business days before the purchase is made; and
     
    (c) The highest price (not including expenses) which the Company can pay for each 85/8% preference share is 125% of the average of the market values of the preference shares for five business days before the purchase is made.
     

    This authority shall begin on the date of the passing of this resolution and end on the conclusion of the next Annual General Meeting of the Company. The Company may agree, before this authorisation ends, to buy back its own 85/8% preference shares even though the purchase may be completed after this authorisation ends. 
     

    8. THAT the Company be authorised, without conditions, to buy back its own 103/8% preference shares. The following terms apply:

     
    (a) The Company may buy up to 200,000,000 103/8% preference shares;
     
    (b) The lowest price which the Company can pay for 103/8% preference shares is 75% of the average of the market values of the preference shares for five business days before the purchase is made; and
     
    (c) The highest price (not including expenses) which the Company can pay for each 103/8% preference share is 125% of the average of the market values of the preference shares for five business days before the purchase is made.
     

    This authority shall begin on the date of the passing of this resolution and end on the conclusion of the next Annual General Meeting of the Company. The Company may agree, before this authorisation ends, to buy back its own 103/8% preference shares even though the purchase may be completed after this authorisation ends.
     

    9. THAT the Company be authorised, without conditions, to buy back its own Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares. The following terms apply:

     
    (a) The Company may buy up to 13,780 Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares;
     
    (b) The lowest price which the Company can pay for Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares is 75% of the average of the market values of the preference shares for five business days before the purchase is made; and
     
    (c) The highest price (not including expenses) which the Company can pay for each Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares is 125% of the average of the market values of the preference shares for five business days before the purchase is made.
     

    This authority shall begin on the date of the passing of this resolution and end on the conclusion of the next Annual General Meeting of the Company. The Company may agree, before this authorisation ends, to buy back its own Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares even though the purchase may be completed after this authorisation ends.
     

    10. THAT the Articles of Association be amended so that the text of sub-article 13.2 is deleted and the following text is inserted in its place:


    “Subject to article 13.3, the quorum for directors’ meetings may be fixed from time to time by a decision of the directors, but (subject to article 13.3) it must never be less than two, and unless otherwise fixed it is two, of which at least one is an Independent Non-Executive Director.”

     

    11. THAT the Articles of Association of the Company be amended by inserting a new Article 27 as follows:

     
    RETIREMENT OF DIRECTORS BY ROTATION
     
    At each annual general meeting of the Company every Director shall retire from office. A retiring Director may offer himself or herself for re-appointment by the members and a Director that is so re-appointed will be treated as continuing in office without a break.”

     

    The existing Articles of Association shall be renumbered accordingly.

     

     

    Date: 30 April 2019
     
    By Order of the Board



    Gavin White
    Company Secretary

     
    Registered Office:

    2 Triton Square
    Regent’s Place
    London NW1 3AN
     
    Registered in England and Wales No. 2294747


     
    Notes:
     
    A member entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and vote on his or her behalf. A proxy need not also be a member. A member may appoint more than one proxy in relation to the meeting provided that each proxy is appointed to exercise the rights to a different share or shares held by the member.
     
    To be effective the proxy appointment must be completed in accordance with the instructions and received by the Company no later than 48 hours before the time for which the meeting is convened.
     
    Holders of the Company’s preference shares have no entitlement to receive notice of, attend or vote at the meeting.


    NOTES TO RESOLUTIONS
     
    Resolution 1
     
    Under section 437 of the Companies Act 2006, the directors are required to present the Company’s Annual Report and Accounts for the year ended 31 December 2018 to a general meeting.
     
    Resolution 2

    Under section 439 of the Companies Act 2006, the Company is required to ask shareholders to vote on the Directors’ Remuneration Report for the year ended 31 December 2018.
     
    Resolution 3
     
    Under the section 439A of the Companies Act 2006 the Company is required to ask shareholders to vote on the Remuneration Policy. The Remuneration Policy is set out on pages 43 to 44 of the Directors’ Remuneration Report contained in the Annual Report and Accounts for the year ended 31 December 2018. The policy must be put to a shareholder vote and approved at least once every three years, unless during that time the policy needs to be changed.
     
    Once approved, the Company will be able to make a remuneration payment to a current or prospective director if that payment is either consistent with the remuneration policy or, if it is not consistent with the remuneration policy, is approved by a shareholder resolution. The vote is binding meaning payments under the policy cannot be made until it has been approved by shareholders and, as a result, the policy will take effect from the passing of this resolution.
     
    Resolution 4
     
    To formally appoint the PricewaterhouseCoopers LLP as auditors of the Company to hold office with effect from the end of the meeting.
     
    Resolution 5
     
    Section 492 of the Companies Act 2006 requires the auditors’ remuneration to be fixed by the Company’s shareholders by ordinary resolution or in such a manner as the Company’s shareholders may determine.
     
    Resolution 6
     
    Our policy is not to make donations to political parties or election candidates and the resolution is not designed to allow us to do so, it is merely as a precaution in case the legislation is inadvertently contravened. It is also implicit within our Corporate Governance Framework that political donations require shareholder approval and we are not aware of any instances occurring to date that would require such an approval (and do not expect there to be any).
     
    In accordance with section 366 of the Companies Act 2006, the directors have decided to continue to seek shareholder authority for political donations and political expenditure in case activities of the Company or its subsidiaries are unintentionally caught by this legislation.
     
    Resolution 7
     
    This resolution renews the authority given at the last AGM. Pursuant to Article 4.5 of the Company’s Articles of Association, it allows the Company to buy back its 85/8% preference shares.
     
    Resolution 8
     
    This resolution renews the authority given at the last AGM. Pursuant to Article 4.5 of the Company’s Articles of Association, it allows the Company buy back its 103/8% preference shares.
     
    Resolution 9
     
    This resolution renews the authority given at the last AGM. Pursuant to Article 4.5 of the Company’s Articles of Association, it allows the Company to buy back its Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares.
     
    Resolution 10
     
    To amend the quorum requirements for directors’ meetings to ensure that the quorum includes an Independent Non-Executive Director.
     
    Resolution 11
     
    To ensure all Directors retire by rotation on an annual basis, in accordance with Provision 18 of the UK Corporate Governance Code 2018 which recommends that all directors of listed companies be subject to annual re-election by shareholders.

  •  

    30 April 2019

     

    This statement provides a summary of the unaudited business and financial trends for the three months ended 31 March 2019 for Santander UK Group Holdings plc and its subsidiaries (Santander UK), including its principal subsidiary Santander UK plc. The results can be found here.

     

    Unless otherwise stated, references to results in previous periods and other general statements regarding past performance refer to the business results for the same period in 2018.

     

    The results of Banco Santander for the three months ended 31 March 2019 are also released today and can be found at www.santander.com. Santander UK's results are included within Banco Santander's financial statements on a Banco Santander reporting basis. The results of Santander UK in the United Kingdom differ from those reported by Banco Santander, due to different accounting treatments, consolidation adjustments and the treatment of the Banco Santander London Branch. The Banco Santander London Branch is not part of Santander UK but is included in the Banco Santander results for the United Kingdom.
     

     

    Santander UK Group Holdings plc – Quarterly Management Statement – Q1 2019

  •  

    27 February 2019

    Santander UK Group Holdings plc – 2018 Annual Report

     

    Santander UK Group Holdings plc has today submitted the 2018 Annual Report to the National Storage Mechanism.
     
     

    The document will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM  

     

    A copy of the document is also available within the Investor Relations section of the group's website www.aboutsantander.co.uk 

     

    - Ends -

     

    For further details, please contact:

     

    Contacts
    Bojana Flint                           Head of Investor Relations         020 7756 6474
    Adam Williams                      Head of Media Relations            020 7756 5533
    For more information:           www.aboutsantander.co.uk       ir@santander.co.uk  

     

    Additional information about Santander UK and Banco Santander
     
    Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, based in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. Banco Santander is among the world’s top banks by market capitalisation. Founded in 1857, Banco Santander has 144 million customers, 13,217 branches and over 200,000 employees at the close of December 2018. In 2018, Banco Santander made attributable profit of EUR 7,810 million.

     

    Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2018, the bank serves around 15 million active customers with c23,800 employees and operates through 755 branches (which includes 52 university branches) and 64 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

     

    Banco Santander has a standard listing of its ordinary shares on the London Stock Exchange and Santander UK Group Holdings plc and Santander UK plc have preference shares listed on the London Stock Exchange.

     

    Nothing in this announcement constitutes or should be construed as constituting a profit forecast.

     

    Further information about Santander UK is available at our website: www.aboutsantander.co.uk.

     

     

  •  

    27 February 2019

    Santander UK plc - 2018 Annual Report

     

    Santander UK plc has today submitted the 2018 Annual Report to the National Storage Mechanism.

     

    The document will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM 

     

    A copy of the document is also available within the Investor Relations section of the group's website www.aboutsantander.co.uk 

     

    - Ends -

     

    For further details, please contact:

     

    Contacts
    Bojana Flint                           Head of Investor Relations          020 7756 6474
    Adam Williams                      Head of Media Relations            020 7756 5533
    For more information:           www.aboutsantander.co.uk       ir@santander.co.uk  

     

    Additional information about Santander UK and Banco Santander
     
    Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, based in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. Banco Santander is among the world’s top banks by market capitalisation. Founded in 1857, Banco Santander has 144 million customers, 13,217 branches and over 200,000 employees at the close of December 2018. In 2018, Banco Santander made attributable profit of EUR 7,810 million.

     

    Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2018, the bank serves around 15 million active customers with c23,800 employees and operates through 755 branches (which includes 52 university branches) and 64 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

     

    Banco Santander has a standard listing of its ordinary shares on the London Stock Exchange and Santander UK Group Holdings plc and Santander UK plc have preference shares listed on the London Stock Exchange.

     

    Nothing in this announcement constitutes or should be construed as constituting a profit forecast.

     

    Further information about Santander UK is available at our website: www.aboutsantander.co.uk.

  •  

    30 January 2019

     

    This statement provides a summary of the unaudited business and financial trends for the 12 months ended 31 December 2018 for Santander UK Group Holdings plc and its subsidiaries (Santander UK), including its principal subsidiary Santander UK plc. The results can be found here.

     

    Unless otherwise stated, references to results in previous periods and other general statements regarding past performance refer to the business results for the same period in 2017.

     

    The results of Banco Santander for the 12 months ended 31 December 2018 are also released today and can be found at www.santander.com. Santander UK's results are included within Banco Santander's financial statements on a Banco Santander reporting basis. The results of Santander UK in the United Kingdom differ from those reported by Banco Santander due to different accounting treatments, consolidation adjustments and the treatment of the Banco Santander London Branch. The Banco Santander London Branch is not part of Santander UK but is included in the Banco Santander results for the United Kingdom.

     

    Santander UK Group Holdings plc – Quarterly Management Statement – Q4 2018