Edition:
United Kingdom

CYBG PLC (CYBGC.L)

CYBGC.L on London Stock Exchange

201.60GBp
20 Mar 2019
Change (% chg)

-6.60 (-3.17%)
Prev Close
208.20
Open
205.40
Day's High
206.80
Day's Low
200.60
Volume
7,639,797
Avg. Vol
3,448,713
52-wk High
367.00
52-wk Low
172.10

Latest Key Developments (Source: Significant Developments)

CYBG Plc Announces Pricing Of Issue Of 250 Mln Stg Additional Tier 1 Capital
Wednesday, 6 Mar 2019 

March 6 (Reuters) - CYBG PLC ::ISSUE OF ADDITIONAL TIER 1 CAPITAL NOTES.CYBG PLC ANNOUNCES PRICING OF ISSUE OF £250 MILLION ADDITIONAL TIER 1 CAPITAL NOTES.COMPLETED PRICING OF ITS £250 MILLION 9.25 PERCENT FIXED RATE RESET PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE NOTES.OFFERING IS SCHEDULED TO CLOSE ON 13 MARCH 2019.  Full Article

Debbie Crosbie Will Step Down As Group COO of CYBG PLC
Monday, 19 Nov 2018 

Nov 19 (Reuters) - CYBG PLC ::CYBG PLC - DEBBIE CROSBIE HAS INFORMED BOARD OF COMPANY OF HER INTENTION TO STEP DOWN AS GROUP CHIEF OPERATING OFFICER.CYBG PLC - FRASER INGRAM, CURRENTLY INNOVATION AND CHANGE DIRECTOR, WILL BE APPOINTED TO ROLE OF COO IN AN INTERIM CAPACITY.CYBG PLC - PROCESS TO APPOINT DEBBIE'S SUCCESSOR WILL NOW COMMENCE.  Full Article

Worldpay & CYBG Extend Partnership To Drive Digital Transformation For UK SMBS
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - CYBG PLC ::WORLDPAY AND CYBG EXTEND PARTNERSHIP TO DRIVE DIGITAL TRANSFORMATION FOR UK SMBs.NEW FIVE-YEAR REFERRAL PARTNERSHIP BRINGING WORLDPAY'S PAYMENTS TECHNOLOGY TO CYBG BUSINESS CUSTOMERS.  Full Article

Cybg Cancels Digital Bank Deal With Ex-Barclays Chief - Sky News
Monday, 12 Nov 2018 

Nov 12 (Reuters) - :CYBG CANCELS DIGITAL BANK DEAL WITH EX-BARCLAYS CHIEF - SKY NEWS.CYBG HAS CANCELED A DEAL STRUCK BY VIRGIN MONEY WITH A DIGITAL VENTURE SET UP BY EX-BARCLAYS CHIEF ANTONY JENKINS - SKY NEWS.  Full Article

CYBG‎ Faces Legal Complaint From Small Business Customers Alleging It Mis-Sold Loans - Sky News
Monday, 29 Oct 2018 

Oct 29 (Reuters) - :VIRGIN MONEY OWNER CYBG‎ FACES BEEFED-UP LEGAL COMPLAINT FROM SMALL BUSINESS CUSTOMERS (SME) WHO ALLEGE THAT IT MIS-SOLD LOANS - SKY NEWS.  Full Article

CYBG, Virgin Money Gets FCA, PRA Approval For Deal
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - CYBG PLC ::VIRGIN MONEY, CYBG CONFIRM ON WEDNESDAY, FCA, PRA GAVE WRITTEN NOTICE TO COS OF APPROVAL OF ACQUISITION OF CONTROL OF EACH UK AUTHORISED PERSON.  Full Article

CYBG shareholders approve takeover offer for Virgin Money
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Britain's Cybg Says ::OFFER FOR VIRGIN MONEY HOLDINGS <<>> GAINS CYBG SHAREHOLDER APPROVAL.  Full Article

CYBG reports loss of 76 mln stg for first half on PPI charges
Tuesday, 15 May 2018 

May 15 (Reuters) - Cybg Plc ::UNDERLYING PROFIT BEFORE TAX UP 28% YEAR-ON-YEAR TO £158M.STATUTORY LOSS AFTER TAX OF £76M DUE TO PPI LEGACY COSTS.NET INTEREST INCOME UP 4% DRIVEN BY STRONG VOLUME GROWTH AND NIM OF 218BPS.UNDERLYING COSTS DOWN 7% WITH INCOME UP 1%, DELIVERING A 6%PTS IMPROVEMENT IN UNDERLYING COST-TO-INCOME RATIO TO 64%.FY2018 GUIDANCE FOR UNDERLYING COSTS IMPROVED TO <£640M.FY2018 NIM OF C.220BPS AND MEDIUM TERM GUIDANCE REITERATED.11.3% CET1 RATIO.CEO SAYS WHILE ECONOMIC OUTLOOK REMAINS UNCERTAIN, CYBG IS WELL POSITIONED TO CONTINUE EXECUTING OUR EXISTING STRATEGY AND TO CAPTURE FUTURE GROWT.  Full Article

Virgin Money says received preliminary and conditional Proposal From CYBG To Buy Entire Issued, To Be Issued Share Capital Of Co
Monday, 7 May 2018 

May 7 (Reuters) - CYBG PLC ::VIRGIN MONEY SAYS CONFIRMS ON 7 MAY, RECEIVED PRELIMINARY AND CONDITIONAL PROPOSAL FROM CYBG TO ACQUIRE ENTIRE ISSUED, TO BE ISSUED SHARE CAPITAL OF CO.VIRGIN MONEY SAYS UNDER TERMS OF PROPOSAL, VIRGIN MONEY SHAREHOLDERS WOULD RECEIVE 1.1297 NEW CYBG SHARES FOR EACH VIRGIN MONEY SHARE.VIRGIN MONEY SAYS BOARD OF VIRGIN MONEY IS IN THE PROCESS OF REVIEWING THE PROPOSAL.  Full Article

CYBG PLC Expects To Recognise £202 Mln (Pre-Tax) Charge In HY
Tuesday, 17 Apr 2018 

April 18 (Reuters) - CYBG Plc ::EXPECTS TO INCREASE ITS PROVISIONS FOR LEGACY PPI COSTS AS AT 31 MARCH 2018 BY £350 MILLION.EXPECTS TO RECOGNISE A CHARGE OF £202 MILLION (PRE-TAX) IN ITS INCOME STATEMENT FOR SIX MONTH PERIOD ENDED 31 MARCH 2018.CHARGE TO RESULT IN PRO FORMA REDUCTION IN GROUP'S CET 1 RATIO OF ABOUT 100 BASIS POINTS AS AT 31 DEC 2017.IMPACT ON GROUP'S CET1 RATIO OF ABOUT 100 BASIS POINTS MEANS IT WILL BE OPERATING BELOW ITS GUIDANCE RANGE OF 12-13 PCT.  Full Article

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UK banking executive Gadhia to take up BoE post later than planned: Treasury

LONDON Britain's finance ministry said on Thursday that banking executive Jayne-Anne Gadhia will join the Bank of England's Financial Policy Committee (FPC) in April 2020, a year later than scheduled.