REG - Close Bros Grp PLC - Redemption of Subordinated Notes due 2031

Close BrothersAnnouncement

Wed 13:00

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RNS Number : 2020E  Close Brothers Group PLC  13 May 2026

13 May 2026

Close Brothers Group plc

(the "Issuer")

Redemption by the Issuer of its outstanding £200,000,000 2.00 per cent.
Subordinated Tier 2 Notes due 2031 (ISIN: XS2351480566) (the "Notes")

If you are in doubt about any aspect of this announcement and/or the action
you should take, you should consult your stockbroker, financial adviser,
solicitor, accountant or other professional adviser.

Capitalised terms used herein but not otherwise defined shall have the meaning
given to such terms in the terms and conditions of the Notes contained in the
trust deed dated 11 June 2021 (the "Conditions").

The Issuer today announces the exercise of its early redemption in respect of
the Notes not tendered as part of the tender offer announced by the Issuer on
26 January 2026, the results of which were announced by the Issuer on 3
February 2026. As at the date of this announcement, the aggregate nominal
amount of the Notes outstanding is £8,620,000.

The Notes will be redeemed in full on 11 June 2026 (the "Redemption Date") at
the price set out in Condition 7(b) (Redemption at the option of the Issuer)
of the Conditions. Following redemption, the Notes will be cancelled pursuant
to the Condition 7(h) (Cancellation). 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 Redemption
Date.

The Issuer has today delivered the notice required by Condition 7(b)
(Redemption at the option of the Issuer) to the Holders.

For further information, please contact:

 

Maritz Carvalho

Investor Relations Senior Manager

Close Brothers Group plc

020 3857 6063

 

Issuer LEI code: 213800W73SYHR14I3X91

END.

 

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