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The Co-operative Bank plc launches equity capital raising

08 May 2014

Further to its announcement on 24 March 2014, the Co-operative Bank (the “Bank” or the “Company”) is today launching a proposed transaction to raise £400 million of CET1 capital through the issue of 200 million New Ordinary Shares by way of a Placing and Open Offer (together with the Bonus Issue, the "Capital Raising").

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