Virgin Money UK plc (ASX:VUK)

Share price Virgin Money UK plc (ASX:VUK)

Virgin Money UK plc is a holding company that owns Clydesdale Bank plc, which in turn trades as Clydesdale Bank, Yorkshire Bank and Virgin Money in the United Kingdom.

It was formed as CYBG plc by National Australia Bank (NAB) in February 2016, in advance of the divestment of its UK business through a stock market flotation. It is listed on the London Stock Exchange and Australian Securities Exchange; it is also a constituent of the FTSE 250 Index.

Traded as:           LSE: VMUK; ASX: VUK; FTSE 250 component

Industry:              Banking, Financial services

Founded:            1 October 2015; 5 years ago

Headquarters:    Newcastle Upon Tyne, England, UK (Registered office) Glasgow, Scotland, UK (Head office)

Services:              Retail banking; SME banking

Subsidiaries:       Clydesdale Bank plc

Website:              www.virginmoneyukplc.com

Recommended cash acquisition of Virgin Money UK by Nationwide Building Society

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Nationwide Building Society to buy Virgin Money for £2.9 billion in cash