REG - Stagecoach Group Ltd - Notice of Redemption Price

NatwestAnnouncement

25/09/2024 12:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240925:nRSY6461Fa&default-theme=true

RNS Number : 6461F  Stagecoach Group Limited  25 September 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.

FOR IMMEDIATE RELEASE

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF THE
BONDHOLDERS

If the Bondholders are in any doubt about the contents of this notice or the
action they should take they should consult a person authorised under the
Financial Services and Market Act 2000 to advise on the Bonds such as their
stockbroker, solicitor, tax adviser, accountant or other financial adviser.

 

25 September 2024

 

STAGECOACH GROUP LIMITED (FORMERLY KNOWN AS STAGECOACH GROUP PLC)

(a company incorporated with limited liability in Scotland with registered
number SC100764, whose registered office is at 10 Dunkeld Road, Perth,
Perthshire PH1 5TW (the "Issuer"))

NOTICE OF REDEMPTION PRICE

with respect to the £400,000,000 4.00 per cent. Bonds due 2025 (the "Bonds")

Common Code: 129800224/ISIN: XS1298002244

 

The Issuer has provided notice pursuant to Condition 5(c) (Redemption or
purchase at the option of the Issuer) of the terms and conditions of the
Bonds, as amended, amended and restated, supplemented and/or otherwise
modified from time to time, (the "Conditions") to the holders of the Bonds
(the "Bondholders") that on 27 September 2024 (the "Redemption Date") the
Bonds will be redeemed at the price determined in accordance with Condition
5(c) (Redemption or purchase at the option of the Issuer) (the "Redemption
Price") together with accrued interest of £39.78 per each £1,000 in
principal amount of the Bonds to the Redemption Date.

Notice is hereby given by the Issuer to the Bondholders that on 25 September
2024 National Westminster Bank plc (as financial adviser appointed by the
Issuer and approved by the Trustee) has determined, pursuant to Condition 5(c)
(Redemption or purchase at the option of the Issuer), the Redemption Price to
be £1,000.00 per £1,000 in principal amount of the Bonds.

Terms not otherwise defined herein shall have the meaning given to them in the
trust deed dated 29 September 2015 between, among others, the Issuer and HSBC
Corporate Trustee Company (UK) Limited (the "Trustee") (as amended, amended
and restated, supplemented and/or otherwise modified from time to time, the
"Trust Deed"), copies of which are available for inspection at the specified
offices of the Principal Paying Agent.

Enquiries:

Bruce Dingwall, Chief Financial Officer; +44 7917 555293

Katrina Leese, Head of Treasury; +44 7711 500351

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCBGGDCDXDDGSU