REG - Centrica PLC - Notice of redemption of remaining hybrid bonds

CentricaAnnouncement

22/05/2024 12:45

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RNS Number : 4972P  Centrica PLC  22 May 2024

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS.
IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD
CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY.

Centrica Plc

(the "Issuer")

Notice to the remaining holders ("Noteholders") of the £450,000,000
Subordinated Resettable Fixed Rate Notes due 2075 ("the Notes") (ISIN:
XS1216019585)

Notice of redemption

NOTICE IS HEREBY GIVEN to the remaining holders of the Notes that, following
the successful completion of the tender offer more particularly described in
the tender offer memorandum dated 10 May 2024 (a copy of which was sent to you
as a holder of Notes), the Issuer has repurchased and cancelled £414,693,000
in aggregate principal amount of the Notes, representing 92.15 per cent. of
the nominal amount of the originally issued Notes.

You are hereby notified that, pursuant to Condition 6(e) (Redemption for
Substantial Repurchase Event) of the terms and conditions of the Notes
detailed in the Prospectus dated 8 April 2015 (the "Terms and Conditions"),
the Issuer shall exercise its right to fully redeem all of the Notes
outstanding on 21 June 2024 (the "Redemption Date"). Accordingly, on the
Redemption Date, all remaining Notes shall be redeemed at their principal
amount, together with any accrued and unpaid interest up to (but excluding)
the Redemption Date.

Following redemption, the Notes will be cancelled. Accordingly, the listing of
the Bonds on the Official List of the FCA and the admission of the Bonds to
trading on the Regulated Market of the London Stock Exchange plc will be
cancelled on, or shortly after, 21 June 2024.

Expressions defined in the Terms and Conditions shall, unless defined herein
or the context otherwise requires, have the same meaning in this notice.

This notice is given by

CENTRICA PLC

Dated: 22 May 2024

For further information please contact:

 

Centrica plc

Millstream

Maidenhead Road

Windsor

Berkshire SL4 5GD

 

Telephone: +44 1753 494165

Email: creditinvestor@centrica.com (mailto:creditinvestor@centrica.com)

 

Centrica plc is listed on the London Stock Exchange (CNA)

Registered Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD

Registered in England & Wales number: 3033654

Legal Entity Identifier number: E26EDV109X6EEPBKVH76

ISIN number: GB00B033F229

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