Shawbrook executives invest in company’s Tier 2 notes

Published 03/06/2025, 10:28
Shawbrook executives invest in company’s Tier 2 notes

LONDON - Shawbrook Group PLC has disclosed transactions by key executives who have invested in the company’s financial instruments, according to a recent press release statement. The transactions involve the subscription of £50,000 aggregate principal amount of Fixed Rate Reset Tier 2 Capital Notes due September 2035 by three senior members of the company’s management.

Marcelino Castrillo, the Chief Executive Officer, Dylan Minto, the Chief Financial Officer, and John Callender, the Chairman of Shawbrook Group, each instructed their regulated nominees to subscribe to the Tier 2 Capital Notes on their behalf. These notes are part of a larger issuance under Shawbrook’s £1,000,000,000 Euro Medium Term Note Programme.

The Tier 2 Capital Notes in question have a 9.250 percent fixed interest rate and are set to reset in the future. These transactions took place on Monday, June 2, 2025, and were conducted on the Euronext (EPA:ENX) Stock Exchange in Dublin.

This investment by the company’s top executives is a transaction that falls under the UK version of the EU Market Abuse Regulation 596/2014, which mandates public disclosure of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them.

The Legal Entity Identifier (LEI) for Shawbrook Group PLC is 21380071539WSMTM4410, and the ISIN for the specific financial instrument is XS3077132507.

These transactions represent a significant financial commitment from Shawbrook’s leadership team and are a matter of public record, ensuring transparency in the dealings of the company’s management. The disclosure aligns with regulatory requirements and provides investors with important information regarding the financial interests of the company’s executives.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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