51WB Aldermore 26

TIDM51WB

RNS Number : 8792E

Aldermore Group PLC

03 March 2020

3 March 2020

Aldermore Group PLC

(the "Company")

Redemption of the GBP75,000,000 Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible Securities issued by the Company (the Securities) (ISIN: XS1150025549)

The Company announces that, on 2 March 2020, notice was given to the holders of the Securities that, in accordance with the Terms and Conditions of the Securities, the Company will redeem the Securities on 30 April 2020 (the "Redemption Date") at their principal amount together with accrued interest (if any) up to but excluding 30 April 2020. The consent of the Prudential Regulation Authority was obtained for the redemption.

The Notes are currently listed on the Irish Stock Exchange. An application will be made for the de-listing of the Notes on or shortly after the Redemption Date.

Given for and on behalf of the Company on 3 March 2020.

Enquiries:

Zayna Ali

Aldermore Bank PLC

DD: 0203 553 4279

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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