PRU 3.19.5

Past version: effective from 20/02/2020 - 19/02/2020
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For the purposes of Rule 3.19.3(b)(i), a distribution in connection with CET1 Capital includes any of the following:

(a) payment of cash dividends;
(b) distribution of fully or partly paid bonus Shares or other capital instruments;
(c) a redemption or purchase by an institution of its own Shares or other capital instruments;
(d) a repayment of amounts paid up in connection with capital; or
(e) a distribution of other items referred to in Section 3.10 as eligible for inclusion as CET1 Capital.