Manchester Building Society Statement regarding interim costs award (0799P)

TIDMMBSR TIDMMBSP

RNS Number : 0799P

Manchester Building Society

23 May 2018

This announcement contains inside information

Statement regarding interim costs award

Further to the announcement on 2 May 2018 regarding the outcome of the court case Manchester Building Society v Grant Thornton UK LLP and further to the announcement on 18 May 2018 regarding the costs hearing for the case, the amount of interim costs payable by Manchester Building Society ("the Society") to Grant Thornton UK LLP ("Grant Thornton") has been calculated.

The amount payable is GBP1,973,215, to be paid by 15 June 2018. This amount is net of the damages awarded to the Society and the interim costs Grant Thornton were ordered to pay to the Society.

The person responsible for arranging the release of this announcement on behalf of Manchester Building Society is Christopher Gee, Society Secretary.

Enquiries

Andy Donald - Maitland

020 7379 5151

[e-mail]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

STRDMGZKDFRGRZM

(END) Dow Jones Newswires

May 23, 2018 10:51 ET (14:51 GMT)