REG - Close Bros Grp PLC - Redemption of Subordinated Notes due 2027

Close BrothersAnnouncement

20/12/2021 14:45

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RNS Number : 2420W  Close Brothers Group PLC  20 December 2021

20 December 2021

Close Brothers Group plc

(the "Issuer")

Redemption by the Issuer of its outstanding Callable Dated Subordinated Notes
due 2027 (ISIN: XS1548943221) (the "Notes")

Following settlement of the tender offer made earlier this year in respect of
the Notes, the results of which were announced by the Issuer on 9 June 2021,
there remains outstanding £23,425,000 in aggregate nominal amount of the
Notes.

The Issuer has today given notice to the holders of the Notes that it will
fully redeem the outstanding Notes on 24 January 2022 (being the Reset Date)
in accordance with the terms and conditions of the Notes (the "Conditions").

The Notes will be redeemed at their principal amount together with any accrued
and unpaid interest to the date of redemption.

Following redemption, the Notes will be cancelled pursuant to the Conditions.
Accordingly, application will be made for the listing of the Notes on the
Official List of the Financial Conduct Authority and the admission of the
Notes to trading on the Regulated Market of the London Stock Exchange to be
cancelled on, or shortly after, the date of redemption.

Capitalised terms used herein but not otherwise defined shall have the meaning
given to such terms in the Conditions.

For further information, please contact:

Alex Dunn

Company Secretary

Close Brothers Group plc
10 Crown Place

London EC2A 4FT

+44 (0) 20 7655 3100

Issuer LEI code: 213800W73SYHR14I3X91

 

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