FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For
November 29, 2018
Commission
File Number: 001-10306
The
Royal Bank of Scotland Group plc
RBS,
Gogarburn, PO Box 1000
Edinburgh
EH12 1HQ
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F X Form 40-F
___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):_________
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7):_________
Indicate
by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes ___
No X
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-
________
The following information was issued as Company announcements
in London, England and is furnished pursuant to General Instruction
B to the General Instructions to Form
6-K:
THE ROYAL BANK OF SCOTLAND GROUP PLC
Redemption of Non-Cumulative Euro Preferred Securities, Series
1
29 November 2018
The Royal Bank of Scotland Group plc ("RBSG") has given notice to holders of the redemption
on 31 December 2018 (the "Euro Preferred Securities,
Series 1 Redemption Date"), in
whole, of the Non-cumulative Euro Preferred Securities,
Series 1 (ISIN: XS0205935470), amount outstanding
€1,250,000,000 (the "Euro Preferred Securities,
Series 1"), at the redemption
price of €1,000.00 per Euro Preferred Security, Series 1,
plus accrued dividends for the current dividend period to, and
including, the Euro Preferred Securities, Series 1 Redemption Date,
which dividend shall equal €55.00 per Euro Preferred
Security, Series 1. The Euro Preferred Securities, Series 1
will cease to accrue dividends and shall be cancelled and all
unmatured dividend coupons shall become void for any purpose, as
from the Euro Preferred Securities, Series 1 Redemption
Date.
An application will be made to Euronext Amsterdam N.V., to cancel
the listing of the Euro Preferred Securities on the Official
Segment of the Stock Market of Euronext Amsterdam N.V.
Payment of redemption monies will
be made through Euroclear Bank
SA/NV and Clearstream Banking,
société
anonyme, in accordance
with their standard procedures.
The redemption amount with respect to the Euro Preferred
Securities, Series 1 shall be paid out of distributable reserves of
RBSG.
The Royal Bank of Scotland Group plc:
Scott Forrest
Head of RBS Debt Capital Markets & Capital
Strategy
Tel: +44 131 626 1329
MAR
This announcement contains information that qualified or may have
qualified as inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 (MAR). For the purposes
of MAR and Article 2 of Commission Implementing Regulation (EU)
2016/1055, this announcement is made by Scott Forrest for The Royal
Bank of Scotland Group plc.
Legal Entity Identifier: 2138005O9XJIJN4JPN90
Date: 29
November 2018
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THE
ROYAL BANK OF SCOTLAND GROUP plc (Registrant)
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By: /s/
Jan Cargill
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Name:
Jan Cargill
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Title:
Deputy Secretary
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