REG - Grainger PLC - Notice to Noteholders

GraingerAnnouncement

21/12/2018 12:25

RNS Number : 2957L
Grainger PLC
21 December 2018
 


GRAINGER PLC
EXCLUDED ENTITY DESIGNATION NOTICE TO THE HOLDERS OF
£350,000,000 3.375 per cent. Guaranteed Secured Notes due 2028 (ISIN: XS1790055229; Common Code: 179005522) (the Notes)
Dated: 21 DECEMBER 2018
1.        This Excluded Entity Designation Notice is delivered to you in accordance with Condition 3.6 (Excluded Entities) and Condition 14 (Notices) of the Terms and Conditions of the Notes in Definitive Form (the Terms and Conditions) as set out in Schedule 4 of the trust deed dated 24 April 2018 (and as further amended or supplemented from time to time, the Trust Deed) and made between Grainger plc (the Issuer), the various subsidiaries of Grainger plc named therein as guarantors (the Guarantors) and HSBC Corporate Trustee Company (UK) Limited (the Trustee).
2.           Terms defined in the Trust Deed shall have the same meaning in this Excluded Entity Designation Notice unless given a different meaning in this Excluded Entity   Designation Notice.
3.            Pursuant to Condition 3.6 (Excluded Entities) and Condition 14 (Notices) of the Terms and Conditions, the Issuer hereby notifies the Noteholders of the designation of each of the following entities as an Excluded Entity:




Name of Relevant Entity




Atlantic Metropolitan (U.K.) Limited




Grainger REIT 1 Limited




Grainger REIT 2 Limited




Grainger REIT 3 Limited




GRIP REIT PLC




GRIP UK Holdings Limited




GRIP Jersey Property Holdings (2016) Limited




GRIP UK Property Developments Limited




GRIP Unit Trust




GRIP Unit Trust 1




GRIP UK Property Investments Limited




Grainger Residential Property Unit Trust




GRIP Unit Trust 2




GRIP Unit Trust 6




G:Res-Co. 4 Limited




Kew Bridge Court Guernsey Limited




GRIP Nomco 1 Limited




GRIP Nomco 2 Limited




GRIP Nomco 3 Limited




GRIP Nomco 4 Limited




GRIP Nomco 5 Limited




GRIP Nomco 6 Limited




GRIP Nomco 7 Limited




GRIP Nomco 8 Limited




 
4.          The Issuer has given written notice to the Trustee of such designation on 21 December 2018 and received notice of confirmation from the Trustee on 21 December 2018, at which point each of the entities referenced in 3 above was automatically designated an Excluded Entity.
5.             A copy of this Excluded Entity Designation Notice is being sent to all holders of record of the Notes.
6.             Questions regarding this Excluded Entity Designation Notice should be directed to the Company at:
Grainger plc

Citygate

St James' Boulevard

Newcastle upon Tyne

NE1 4JE
For the attention of: Mark Whitehead
This Excluded Entity Designation Notice is given by:
Grainger Plc
 
This announcement has been issued through the Companies Announcement Service of Euronext Dublin.




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