REG - Derwent London PLC - Redemption of £175 million Convertible Bonds

Derwent LondonAnnouncement

12/06/2025 11:00

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RNS Number : 4732M  Derwent London PLC  12 June 2025

 Derwent London plc

 Redemption of £175 million Convertible Bonds

 

Derwent London plc (the "Company", together with its subsidiaries, the
"Group") announces that the Group's £175 million 1.5% convertible bonds due
2025 have been redeemed in full at maturity on 12 June 2025. No bonds were
converted into equity, and the redemption was funded from existing liquidity
resources. Following redemption, the Group's net debt position remains
unchanged.

 

For further information, please contact:

 Derwent London                             Damian Wisniewski, Chief Financial Officer

 Tel: +44 (0)20 3478 4217 (Robert Duncan)   Jay Joshi, Group Financial Controller

                                            Robert Duncan, Head of Investor Relations
 Brunswick Group                            Nina Coad

 Tel: +44 (0)20 7404 5959                   Emily Brentnall

 

Date: 12 June 2025

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