There are four tranches of outstanding Permanent Interest Bearing Shares (PIBS) in issue. This includes two tranches of PIBS that were originally issued by Manchester Building Society. Following the transfer of engagements from Manchester Building Society to Newcastle Building Society on 1 July 2023, the outstanding PIBS issued by Manchester became Newcastle PIBS
£10m 12 5/8 % Permanent Interest Bearing Shares (PDF) - Issued by Newcastle Building Society in September 1992
£10m 10 3/4 % Permanent Interest Bearing Shares (PDF) - Issued by Newcastle Building Society in June 1993
£5m 8.00% Permanent Interest Bearing Shares (PDF) – Issued by Manchester Building Society in November 1999
£10m 6.75% Permanent Interest Bearing Shares (PDF) Issued by Manchester Building Society in April 2005