REG - Meridian Hospital Co - Litigation

M&GAnnouncement

22/12/2025 16:15

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RNS Number : 5392M  Meridian Hospital Company PLC  22 December 2025

Meridian Hospital Company PLC

£91,200,000 4(3)/(16) PER CENT. SECURED INDEXED-LINKED BONDS DUE 2028 (the
"Bonds")

(ISIN: XS0088950075)

RNS Announcement

Notice of Dispute arising at Queen Elizabeth Hospital, Greenwich

On Friday 19(th) December 2025, Lewisham and Greenwich NHS Trust (the "Trust")
issued a letter Notifying of a Dispute arising from fire safety defects at the
Hospital to Meridian Hospital Company PLC (the "Company").  The Board at
Meridian Hospital Company PLC will investigate the claim in the hopes of reach
a resolution.

This notice does not constitute a Trigger Event under the Bond Trust Deed
between M&G Trustee Company Limited and the Company and the associated
withholding will not have a material impact on the Company or its ability to
service the debt due on 31(st) December 2025.

Enquiries

Company Secretary

Claire Jerome

For and on behalf of

Vercity Social Infrastructure (UK) Limited

8 White Oak Square

London Road

Swanley

BR8 7AG

 

Important information

This announcement is not a prospectus, is distributed for information purposes
only and does not constitute or form part of any offer or invitation to issue,
acquire or dispose of any securities in any jurisdiction. Nothing in this
document is intended to amount to an invitation or inducement to engage in
investment activity. Nothing in this document amounts to the giving of advice.
If you are in any doubt as to the action you should take, you should consult a
professional adviser.

 

 

M&G reserves all of the rights, powers, claims and remedies available to
it under the Transaction Documents and applicable law. No delay or forbearance
by M&G to exercise any right or remedy accruing under the terms of the
Transaction Documents, other documentation relating thereto or under
applicable law, shall impair any such right or remedy or constitute a waiver
thereof or an acquiescence therein. Please note that this notice is not
intended and should not be construed as investment, accounting, financial,
legal, tax, or other advice by or on behalf of the Trustee, or its directors,
officers, affiliates, attorneys, or employees. Each person or entity receiving
this notice should seek the advice of its own advisors in respect of the
matters set forth herein.

 

 

 

 

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