EDINBURGH -- Royal Bank of Scotland Group PLC said it had increased the issued share capital of its principal operating subsidiary, Royal Bank of Scotland PLC.

In a press release, the company said it had subscribed for a further 16 million noncumulative dollar preference shares of 1 cent each at a price of $25 a share.

The company said the increase in the bank's share capital will ensure that its capital ratios correspond with those of the group.

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