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REG - Orchard Funding Grp - Bond Roadshow Announcement

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RNS Number : 3858A  Orchard Funding Group PLC  02 February 2022

2 February 2022

The information contained herein may only be released, published or
distributed in the United Kingdom, the Isle of Man, Jersey and the Bailiwick
of Guernsey in accordance with applicable regulatory requirements. The
information contained herein is not for release, publication or distribution
in or into the United States, Australia, Canada, Japan, South Africa, the
Republic of Ireland or in any other jurisdiction where it is unlawful to
distribute this document.  This announcement is released by Orchard Funding
Group PLC and contains inside information for the purposes of Article 7 of the
Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by
virtue of the European Union (Withdrawal) Act 2018 (EUWA) (UK MAR).  For the
purposes of UK MAR and Article 2 of the Commission Implementing Regulation
(EU) 2016/1055 as it forms part of domestic law by virtue of EUWA, this
announcement is made by Ravi Takhar, CEO of Orchard Funding Group PLC.

MiFID II and UK MiFIR retail investors, professional investors and ECPs target
market  - Manufacturer target market (MIFID II and UK MiFIR product
governance) is eligible counterparties and professional clients (all
distribution channels) and also retail clients (all distribution channels).

 

Orchard Funding Group PLC

("Orchard" or the "Company")

Bond Roadshow Announcement

Further to the announcement of its acquisition on 2 December 2021 (the
"Acquisition Announcement"), the Company confirms that Orchard Bond Finance
plc; its now-wholly-owned subsidiary, has today commenced a roadshow to meet
with professional fixed income investors in respect of a proposed listed bond
issue (the "Bond Issue"). Further details on the potential Bond Issue are set
out in the Acquisition Announcement.

Further updates in respect of the proposed Bond Issue will be made in due
course.

In the first instance for meeting requests please contact:

Michael Smith, CFA (Convexity Capital, Lead Manager)

0207 058 0090 / 07557 265266

Orchard Group

Ravi Takhar, CEO

01582 346291

Liberum (Nomad and Broker to the Company)

Neil Patel

Lauren Kettle

020 3100 2222

 

IMPORTANT INFORMATION

The distribution of this announcement and other information in connection with
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come into possession of this announcement or any document or other information
referred to herein should inform themselves about and observe any such
restriction. Any failure to comply with these restrictions may constitute a
violation of the securities laws of any jurisdiction.

This announcement does not constitute or form part of any offer or invitation
to sell, or any solicitation of any offer to purchase any securities.

Any securities referred to herein will not be registered under the U.S.
Securities Act of 1933 (as amended, the "Securities Act"). Subject to
certain exceptions, such securities may not be offered, sold or delivered
within the United States or to, or for the account or benefit of U.S. persons.

Any securities referred to herein are expected to be offered and sold outside
of the United States in reliance on Regulation S of the Securities Act. There
will be no public offering in the United States.

This announcement does not constitute and shall not, in any circumstances,
constitute a public offering nor an invitation to the public in connection
with any offer within the meaning of Regulation (EU) 2017/1129 as it forms
part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (as
amended, the "UK Prospectus Regulation"). Any offer and sale of any securities
will be made in compliance with the requirements of the UK Prospectus
Regulation.

This announcement is directed only at persons who (i) are outside the United
Kingdom or (ii) have professional experience in matters relating to
investments or (iii) are persons falling within Article 49 (2)(a) to (d) of
The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the "Order") or (iv) any other persons to whom this announcement may lawfully
be communicated pursuant to the Order (all such persons together being
referred to as "relevant persons"). This announcement must not be acted on or
relied on by persons who are not relevant persons. Any investment or
investment activity to which this announcement relates is available only to
relevant persons and will be engaged in only with relevant persons.

 

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