As announced in the Virgin Money UK PLC 2021 Annual Report and Accounts published on 24 November 2021, the directors of the Company have recommended a final ordinary dividend (the Final Dividend) in respect of the year ended 30 September 2021 of 1p per ordinary share in the Company (2020:nil).
The payment of the Final Dividend is subject to approval by the Company's shareholders at the 2022 Annual General Meeting to be held on 17 February 2022. The Company's financial results as at 30 September 2021 do not reflect this recommended Final Dividend.
If approved, shareholders and CDI holders shall be entitled to the Final Dividend, which shall be paid on 11 March 2022 to shareholders on the register of members as at close of business in London on 11 February 2022 and to CDI holders on the register of CDI holders as at close of business in Melbourne on 11 February 2022 (the Record Date). The ex-dividend date will be 10 February 2022.
No conversions (transmutations) of ordinary shares to CDIs will be processed between 17.00 (GMT) on 9 February 2022 and 08.00 (GMT) on 14 February 2022, and no conversions (transmutations) of CDIs to ordinary shares will be processed between 17.00 (AEDT) on 9 February 2022 and 08.00 (AEDT) on 14 February 2022.
