Nationwide Building Society Plans Up to GBP100 Million Resale of Core Capital Deferred Shares

05:33 AM EDT, 08/17/2026 (MT Newswires) -- Nationwide Building Society (NBS.L) plans to resell up to 100 million pounds sterling of core capital deferred shares under its open-market facility. The transaction is expected to involve 778,000 shares, based on the Aug. 14 secondary mid-market price, according to a Monday filing. Nationwide appointed BofA Securities, Citi, Jefferies and UBS as joint lead managers for the bookbuilding process. The British lender is expected to launch the resale in the coming days, subject to market conditions, with settlement scheduled for the seventh London business day after pricing. Proceeds will be used to bolster Nationwide's regulatory capital base and for general business purposes.