|
National Westminster Bank, 7.875% Non-cumul Pref Shares, Series B ADR
Ticker Symbol: NW-B* CUSIP: 638539700 Exchange: NYSE
* NOTE: This security is no longer trading as of 1/16/2007
Security has been Called for: Tuesday, January 16, 2007
18-Dec-2006 -- REDEMPTION OF NON-CUMULATIVE USD PREFERENCE SHARES, SERIES B -- National Westminster Bank Plc has given notice that it will, on 16th January 2007, redeem all of the 10,000,000 Non-cumulative USD Preference Shares, Series B of $0.01 each. Consequently, on the Redemption Date, each Series B Preference Share will become due and payable at its redemption amount of $25.00 (subject to withholding tax requirements). The dividends payable on January 16, 2007 will be paid in the normal manner to record holders of the American Depository Shares, Series B, that represent the Series B Preference Shares ,as of December 8, 2006, in the amount of $0.4921875 per American Depository Share, Series B.
|
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: National Westminster Bank plc, non-cumulative preference shares, Series B, liquidation preference US$25 per share, each which carry a dividend of 7.875% ($1.96875) per annum, are redeemable at the option of NatWest exercisable to 9 June 2003, at a premium per share of US$0.30. There is no redemption premium if the date of redemption falls after 9 June 2003. National Westminster Bank plc is now a subsidiary of The Royal Bank of Scotland Group plc. The previously noted foreign dividend tax credit for this security has ended and is no longer applicable which changed the displayed dividend rate for this preferred. The preferred now actually pays a dividend of US$0.4921875 per quarter or $1.96875 annually which calculates out as a 7.875% annual dividend.
|
Go to Parent Company's Record (NWG)
IPO - 6/14/1993 - 10.00 Million Shares @ $25.00/share.
ADR with an ADR ratio of 1:1
Market Value $254.0 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Foreign Address and Phone Numbers |
| Address: 42 St Andrew Square, Edinburgh EH2 2YE, Scotland, United Kingdom |
| Main Phone Number |
+44-131-556-8555 |
| Fax Number |
+44-131-626-3081 |
|
Inv Rel Phone Number
|
+44 207 672 1758 |
| Address and Phone Numbers |
| U.S. Representative |
N.A. |
| Address: |
| Main Phone Number |
Not Available |
| Fax Number |
Not Available |
| Toll Free Phone Number |
888-269-2377 |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
