}
Co-operative Bank Plc (The)
Company Name:Co-operative Bank Plc (The) Minimum fundraise:£0* High Share Price Bid:£2
Business Sector:Finance Total Funds Bid to Date:- Low Share Price Bid:£1
Auction period:18 Jan 2017 - N/A Indicative Share Price:0.00 Average Share Price Bid:£2**
*The company will accept oversubscription.
**In the event of significant oversubscription, shares will be allocated to bids at the average price and above.
NOTE: ASSET MATCH HAS NEGOTIATED AN “ASSET MATCH INVESTOR BONUS” FOR INVESTORS IN THIS TRANSACTION. SEE THE “OVERVIEW” SECTION BELOW FOR DETAILS.

Need help?
+44 (0) 207 248 2788

back

Co-operative Bank Plc (The)

Auctions in the shares of The Co-operative Bank plc via Asset Match are suspended until further notice.

Please direct any enquiries to dealing@assetmatch.com or call 020 7248 2788.

Interested in Co-operative Bank Plc (The)?
Register or log in to participate, create a watchlist, or set reminder

Company info

Asset Match runs periodic auctions in the ordinary shares of The Co-operative Bank plc. It is intended that auctions will occur quarterly, and the actual dates will remain at the discretion of Asset Match. This facility is being provided at the request of a number of shareholders of The Co-operative Bank plc. Asset Match has no connection or formal relationship with The Co-operative Bank plc.

The Co-operative Bank provides high street and internet banking, current accounts, mortgages, savings accounts, credit cards and loans.

Further information about the company can be found at www.co-operativebank.co.uk/investorrelations.

Auction Price History

Auction instructions

To buy and sell shares in this company via AM Private Market, you will need to use a stockbroker.

  • Using The Share Centre

The Share Centre is the preferred broker and settlement agent for all CREST eligible companies on AM Private Market. The Share Centre offers a competitively priced service for both certificated and non-certificated transactions. For more information on The Share Centre's services or how to place an order please visit their page. If you do not already have an account with The Share Centre, then you can open an account online or by calling 01296 41 41 41.

Alternatively, if you are interested in selling your shares and are unsure what to do next please read our Auction instructions for Sellers with additional FAQs. You can download the 'selling shares traded on Asset Match' form here.

You can place orders with The Share Centre by calling 01296 41 42 43.

  • Using another stockbroker

If you already have a stockbroker (or an in-house dealing team if you are an institutional investor) then you can place an order by instructing your broker to face The Share Centre. Not all stockbrokers will be able to act on your behalf, and so you should check with them first. You may also incur additional fees.

When buying and selling shares, please note that the Asset Match levy of 3% applies, with a minimum charge of £20 per trade.

The tick size for this company is 0.5 pence per share.

For more information on how the auction works then please click here

Key People

Dennis

Dennis Holt Chairman

Dennis joined the Board in February 2014 as Senior Independent Director. He was appointed as Chairman on 27 October 2014. Dennis’ experience in banking and insurance spans 43 years and includes a period as Main Board Executive Director at Lloyds TSB responsible for the Retail Bank. He has held several non-executive posts including Deputy Chairman of Bank of Ireland plc, Chairman of Bank of Ireland UK and Chairman of Liverpool Victoria. He is currently Non-Executive Chairman of Beazley plc and its subsidiary Beazley Furlonge Limited.

   
Niall

Niall Booker Chief Executive Officer

Niall joined the Board in June 2013. He has held a variety of senior roles at HSBC in a career of more than 30 years spanning retail and corporate banking. Most recently, he was Group Managing Director and Chief Executive Officer of HSBC North America Holdings Inc. In this role he had responsibility for working through the issues in HSBC Finance Corporation, where he was Chief Executive Officer, including working closely with the regulators of HSBC North America Holdings. Niall has been a member of the Committee of the Council of Glenalmond College since 2012 and its Chairman since 2013.

   
John

John Baines Finance Director

John Baines joined the Board in October 2014. John joined the Co-operative Bank in April 2013 as Chief Financial Officer and has over 25 years of experience in financial services. Prior to joining the Co-operative Bank, he was most recently Chief Financial Officer of Aldermore Bank plc, having spent the previous eight years at RBS, where he was initially Chief Financial Officer of the wealth management division, being appointed as Chief Executive Officer of the division in 2006. John is a qualified chartered accountant and has held a number of senior roles in investment banks.

   
John

John Richard Coates Interim Senior Independent Director

Richard joined the Board in January 2013. Richard was appointed as Interim Senior Independent Director in October 2014. He has over 25 years of experience in the retail financial services sector. Richard was a senior partner at KPMG from 1985 to 2003 in its retail financial services practice. He joined Northern Rock plc as a Non-Executive Director in August 2008 and chaired its Audit Committee from January 2010 until its acquisition by Virgin Money in January 2012. He is currently a Non-Executive Director of the Police Mutual Assurance Society.

   
Richard

Richard Graeme Barclay Hardie Non-Executive Director

Graeme joined the Board in May 2013. He was previously Managing Director of NatWest retail bank and Executive Director, retail banking at Abbey National Bank plc. He was a senior advisor, retail markets at the Financial Services Authority (as it was known) and Non-Executive Director at Metro Bank (UK) Limited. He is currently a Non-Executive Director of FNZ (UK) Ltd and is a director of Northpoint Consultancy Services Limited.

   
William

William Gennydd Thomas Non-Executive Director

Bill joined the Board in October 2013. He is a former Senior Vice President of Hewlett Packard and was on the Executive Committee of EDS plc as Executive Vice President. He has IT expertise and is an experienced leader and general manager with a track record in leading major change in large organisations. He has extensive commercial and operational experience, working domestically and internationally with both public and private sector organisations. Bill is Chair of the Advisory Board at Cranfield University School of Management and is on the management and Board of Leeds University Business School. Bill is also an unsalaried advisor to the Labour party on matters relating to defence, business and skills policy. He is currently a Non-Executive Director of Xchanging plc and GFI SA, and a partner in Hopton Estates.

   
Laura

Laura Carstensen Non-Executive Director

Laura Carstensen was appointed to the Board in May 2014. She was previously a partner at the City law firm, Slaughter and May and is a former Senior Advisor, National Audit Office, and a former Member and Deputy Chair of the Competition Commission (now The Competition and Markets Authority). She is currently a Trustee, National Museums Liverpool, a Non-Executive Director and chair of the Audit Committee of Park Group PLC, a Non-Executive Director of MLEX Limited, and a partner in Bryn Yorkin Manor Estate LLP.

   
Maureen

Maureen Laurie Non-Executive Director

Maureen joined the Board in June 2014. She brings over 30 years of experience in senior human resources (HR) roles spanning global HR strategy, policy and transformation for organisations such as the British Council, NYSE EURONEXT, LIFFE, Barclays, Standard Chartered Bank, EBRD and Reuters. Maureen is currently a Non-Executive Director and Trustee of Reuters Pension Fund and a Non-Executive Director, Governor and Trustee of London Metropolitan University.

   
Derek

Derek Weir Non-Executive Director

Derek joined the Board in July 2014. He has over 25 years of financial services experience, holding a range of senior positions in corporate and commercial banking. During this time he held posts, both in the UK and internationally, at Barclays Bank plc and Royal Bank of Scotland plc, including being the Managing Director responsible for Commercial Banking in the UK for Royal Bank of Scotland. Derek is currently a Non-Executive Director of Motherwell Football and Athletic Club Limited, Motherwell Football Club Community Trust and a director of Kerrach Limited.

   
Charles

Charles Bralver Non-Executive Director

Charles joined the Board in April 2015. Charles was a founding partner of Oliver Wyman & Company where, from 1984 through to 2007, he held several positions, including Vice Chairman, Head of Europe, Head of North America, and Head of the Global Capital Markets Practice, and remains a member of Oliver Wyman's Senior Advisory Board. Charles is currently a Board Director for Canaccord Genuity and Newstar Financial. He has over 30 years' financial services experience, including two years as a Strategic Advisor on Financial Services at Warburg Pincus LLC. He is the former Senior Associate Dean for International Business and Finance at the Fletcher School of Law and Diplomacy at Tufts University in Boston, USA.

   
Aidan

Aidan Birkett Non-Executive Director

Aidan joined the Board in July 2015. He built his career within the professional services sector over more than 30 years with PwC and Deloitte. He was head of Deloitte's Corporate Finance business and a member of the firm's executive committee. He has led a number of high profile strategic and commercial reviews of businesses in varying turnaround situations, in the UK and overseas. This has provided him with significant experience in the wholesale finance sector and an understanding of the retail customer segment across a number of non-financial sectors. Aidan has served as a consultant, director and advisor in various capacities and has held various Non-Executive director roles, most recently with the Dubai Group.