FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
Securities Exchange Act of 1934
For the month of December 2018
SANTANDER UK GROUP HOLDINGS PLC
(Translation of registrant's name into English)
2 Triton Square, Regent’s
Place, London NW1 3AN, England
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F . . . .X. . . . Form 40-F . . . . .. . . .
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes . . . . . . . No . . .X. . . .
SANTANDER UK GROUP HOLDINGS PLC: UPDATE ON RING-FENCING
14 December 2018
Santander UK Group Holdings plc today announces that:
| · | on 11 December 2018, the Royal Court of Jersey approved the transfer of the business of the Jersey branch of Santander UK plc (“Santander UK”) to a new Jersey branch of Abbey National Treasury Services plc (“ANTS”) by way of a court-sanctioned transfer scheme under Jersey law (the “Jersey Scheme”); and |
| · | on 13 December 2018, the Isle of Man High Court of Justice approved the transfer of the business of the Isle of Man branch of Santander UK to a new Isle of Man branch of ANTS by way of a court-sanctioned transfer scheme under Isle of Man law (the “Isle of Man Scheme”). |
The transfers of business under the Jersey Scheme and the Isle of Man Scheme will be effected at 00.01 on 17 December 2018.
Further information
Further details relating to the Jersey Scheme and the Isle of Man Scheme can be found on https://www.santanderinternational.co.uk/.
Disclaimer
Santander UK Group Holdings plc and Banco Santander, S.A. both caution that this announcement may contain forward-looking statements. Such forward-looking statements are found in various places throughout this announcement. Words such as "believes", "anticipates", "expects", "intends", "aims" and "plans" and other similar expressions are intended to identify forward-looking statements, but they are not the exclusive means of identifying such statements. Forward-looking statements include, without limitation, statements concerning our future business development and economic performance. These forward-looking statements are based on management's current expectations, estimates and projections and both Santander UK Group Holdings plc and Banco Santander, S.A. caution that these statements are not guarantees of future performance. We also caution readers that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. We have identified certain of these factors in the forward looking statements on page 259 of the Santander UK Group Holdings plc 2017 Annual Report and page 72 of the Santander UK Group Holdings plc 2018 Half Yearly Financial Report. Investors and others should carefully consider the foregoing factors and other uncertainties and events. Undue reliance should not be placed on forward-looking statements when making decisions with respect to Santander UK Group Holdings plc, Santander UK plc, Banco Santander, S.A. and/or their securities. Such forward-looking statements speak only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.
Contacts
Bojana Flint
Head of Investor Relations
020 7756 6474
Andy Smith
Head of Media Relations
020 7756 4212
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SANTANDER UK GROUP HOLDINGS PLC | ||
| Dated: 14 December 2018 | By / s / Marc Boston | |
| (Authorised Signatory) |
