Hargreaves Lansdown plc (HL) today confirmed that Darren Pope, Non-Executive Director of HL, will step down from his role as Non-Executive Director of Virgin Money UK plc (and of Clydesdale Bank its subsidiary).
The move is conditional upon, and with effect from, the scheme of arrangement between Virgin Money UK plc and its shareholders under Part 26 of the Companies Act to implement the recommended cash acquisition of the entire issued and to be issued share capital of Virgin Money UK plc by Nationwide Building Society becoming effective.
In addition HL confirmed that Darren Pope stepped down from his role as Non-Executive Director of Network International Holdings plc following its purchase by BCP VI Neptune Bidco Holdings Ltd on 17 September 2024.
