REG-R.E.A. Holdings plc R.E.A. Holdings plc: Further re 7.5 per cent dollar notes 2022

R E A HoldingsAnnouncement

30/06/2022 07:15

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   R.E.A. Holdings plc (RE.22)
   R.E.A. Holdings plc: Further re 7.5 per cent dollar notes 2022

   30-Jun-2022 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   R.E.A. Holdings plc ("REA" or the "company")

    

   Further re extension of the redemption date for the 7.5 per cent dollar
   notes 2022 issued by R.E.A. Holdings plc from 30 June 2022 to 30 June 2026
   (the “dollar notes”)

   Further to the company’s announcement on 26 May 2022 regarding the  latest
   time and date for holders  of dollar notes to  elect to take advantage  of
   the sale facility pursuant  to the proposal as  detailed in the  company’s
   announcement on 8 February 2022 (the “proposal”), REA confirms today  that
   Guy Butler Limited (“Guy Butler”)  has purchased $14,818,000 dollar  notes
   from existing noteholders and resold $6,000,000 of such dollar notes.  REA
   further confirms  that, in  accordance with  the proposal,  the  company’s
   wholly owned  subsidiary, R.E.A.  Services Limited  ("REA Services"),  has
   purchased from Guy Butler  the unsold balance  of $8,818,000 dollar  notes
   for cash at par for settlement on 30 June 2022.

   Accordingly,  the  total  amount   of  dollar  notes outstanding   remains
   $27,035,218. REA  Services intends  to  seek to  re-sell, over  time,  the
   dollar notes acquired by it  and to the extent  not so sold, REA  Services
   intends to  retain the  dollar notes  pending redemption  of the  same  in
   accordance with their terms.

    

   Enquiries:

   R.E.A. Holdings plc

   Tel: 020 7436 7877

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   ISIN:          GB00BD8BTF36
   Category Code: MSCM
   TIDM:          RE.22
   LEI Code:      213800YXL94R94RYG150
   Sequence No.:  171569
   EQS News ID:   1387127


    
   End of Announcement EQS News Service

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