Bradford & Bingley Campaign – Appeal for Funds to Pursue Action to Obtain Fair Compensation   

There are several possible grounds to be pursued by shareholders in Bradford & Bingley Plc to obtain fair compensation as a result of the nationalisation of the company and confiscation of your shares. This may include legal action if our legal advisers suggest that is appropriate. We are also representing the interests of the subordinated bond holders (PIBS).  

Although UKSA management and the members of the Bradford & Bingley Action Committee do not charge for their time or costs incurred in running this campaign, we do have considerable other expenses that also need to be covered. This comprises printing, postage and other incidental and administrative expenses. The legal costs may also be substantial if we are to obtain fair compensation. We are therefore asking all former shareholders in Bradford & Bingley to contribute to a fund for this purpose.

Our objective is to raise a minimum of £15 from every shareholder and more where shareholders held considerable number of shares (after all those with more shares will benefit more if any action is successful). The minimum subscription will help to cover the basic expenses that we have for administration and communications with shareholders.

David Blundell, Chairman Bradford and Bingley Shareholders' Action Group

To make a donation you can do so by clicking on the following link to make a donation on-line: Donation, or you can print this page out and post it with a cheque. 

Name:      _________________________________________________________

Address:  _________________________________________________________

              _________________________________________________________

              _________________________________________________________

Postcode: ________________

Email Address (please write clearly in capitals): ___________________________________

Telephone (optional): ________________________________

Number of shares held _____________________ 

I enclose a cheque for £ ______________ made payable to the UK Shareholders’ Association as my donation to this campaign. (We suggest a donation that is calculated as follows based on the number of shares you held - the amount being asked for is based on the money we need to raise and the likely number of respondents. The suggested contribution is 0.5p per share held, but please simply give as much as you can afford. A table that gives some sample figures is shown below). 

Please return this form together with a cheque for the amount being contributed to the following address:  UK Shareholders' Association Ltd, Chislehurst Business Centre, 1 Bromley Lane, Chislehurst, BR7 6LH.

Foreign shareholders or those who wish to pay directly into our bank account should contact UKSA to obtain our bank details.

Terms and conditions. Note that the UK Shareholders' Association warrants that any contributions made in respect of this matter will be used solely to promote the interests of the shareholders or bondholders of Bradford & Bingley Plc. If the committee set up to organise this campaign subsequently determines at some point that no further action is necessary, then any funds remaining will either be returned by UKSA to contributors pro-rata to their total contributions, or may be used for any charitable purpose to promote the interests of UK shareholders in general by UKSA. Money paid to UKSA for this campaign will be accounted for separately, and any expenses incurred likewise, and a statement of income and expenses will be supplied to contributors at appropriate points in time, but no less than annually. The UK Shareholders Association (UKSA) is a “not for profit” company limited by guarantee – see www.uksa.org.uk/About.htm  for more information. The Bradford & Bingley Shareholders Action Group is a group operating under the constitution of UKSA.

If you have any questions on this matter, then please call 020 8468 1027 (Int: +44 20 8468 1027)