Demerger
Demerger completes on 3rd February 2016
ASX Announcement :-
http://www.rns-pdf.londonstockexchange.com/rns/1531I_-2015-12-7.pdf
Demerger booklet :-
https://secure.cbonline.co.uk/resources/a492e395-ab80-4cd0-98b2-5b90df5b776b/scheme-booklet.pdf
Page 348 half way down on the left hand side.
"No assurances can be given that CYBG Group will not incur liability and/or fines in connection with any non-compliance with legislation, further conduct related legal proceedings and claims from customers."
Clydesdale Demerger & IPO Investor Presentation 8th December 2015
http://www.asx.com.au/asxpdf/20151208/pdf/433msb9k9yd5p7.pdf