Notice of Redemption
Santander UK plc announced the redemption of its Series 1295 securities (ISIN: XS3121835014) on 28 September 2026, following the satisfaction of a trigger condition on 14 September 2026. The securities will be delisted from the London Stock Exchange after the redemption date, according to the company.
How this was made

The 30-second read
Why it matters
The redemption will clear the note from the market; no direct effect on Santander UK's core banking operations.
Market read
Low relevance for equity traders; primarily of interest to note holders.
What to watch
Potential tax implications for note holders, but not material for SAN equity.
Background
Structured note redemption notices are routine corporate actions for issuers.
Ticker impact
Santander UK plc announced the redemption of its Series 1295 structured note on 28 September 2026.
Minimal impact on SAN equity price; the note is a separate security.
The notice is a routine corporate action with limited market effect.
Market effects
None significant for the banking sector.
Limited to holders of the specific structured note.
Low
Counterpoint
No contrarian angle; the redemption is a standard procedural event.
Key entities
- IssuerSantander UK plc
UK subsidiary of Banco Santander, listed on the London Stock Exchange.

