April 18 (Reuters) - CYBG Plc CYBGC.L :
* EXPECTS TO INCREASE ITS PROVISIONS FOR LEGACY PPI COSTS AS AT 31 MARCH 2018 BY £350 MILLION
* EXPECTS TO RECOGNISE A CHARGE OF £202 MILLION (PRE-TAX) IN ITS INCOME STATEMENT FOR SIX MONTH PERIOD ENDED 31 MARCH 2018
* CHARGE TO RESULT IN PRO FORMA REDUCTION IN GROUP'S CET 1 RATIO OF ABOUT 100 BASIS POINTS AS AT 31 DEC 2017
* IMPACT ON GROUP'S CET1 RATIO OF ABOUT 100 BASIS POINTS MEANS IT WILL BE OPERATING BELOW ITS GUIDANCE RANGE OF 12-13 PCT