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

R E A HoldingsAnnouncement

04/03/2022 07:15

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

   04-March-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")

   Proposal to extend 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
   ("dollar notes")

   Results of meeting of the holders of the dollar notes

   At the meeting  of the  holders of the  dollar notes  held yesterday,  the
   requisite extraordinary  resolution approving  the proposal  for,  amongst
   other things, the extension  of the redemption date  for the dollar  notes
   from 30 June 2022 to 30 June 2026 was duly passed.

   The holders of  a total of  $27,035,218 nominal of  the dollar notes  were
   eligible to vote  at the  meeting, with each  $1 nominal  of dollar  notes
   carrying one vote on a poll.  The vote was taken on a poll.  Proxies  were
   received for  use  in  connection  with the  meeting  with  the  following
   instructions (treating  proxies giving  discretion to  the chairman  as  a
   "for" instruction):

                                     Votes For   Votes
                                     (including  Discretion  Votes   Votes
                                     Chairman's  Third Party Against Withheld
                                     discretion)
   Extraordinary resolution to
   sanction the proposed extension   16,726,000  0           568,000 0
   to the redemption date for the
   dollar notes from 30 June 2022 to                                  
   30 June 2026 and other matters as
   detailed in the notice of meeting

   Execution of supplemental trust deed

   In addition to sanctioning the proposed extension of the redemption date
   for the dollar notes, the meeting of the note holders held yesterday
   sanctioned amendments to the trust deed, to allow for alternative
   regulations regarding the requisitioning of meetings and/or the holding of
   meetings of noteholders and attendance and voting thereat, including the
   holding of "virtual" meetings and to bring the record date for the payment
   of interest in respect of the dollar notes forward, from thirty days prior
   to the relevant interest payment date to ten business days prior to the
   relevant interest payment date.

   Implementation of the proposal

   Accordingly, the supplemental trust deed has been executed and the
   proposal detailed in the announcement
   by REA on 8 February 2022 (the "proposal") became effective on 3 March
   2022. 

    

   Enquiries:
   R.E.A. Holdings plc
   Tel: 020 7436 7877

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   ISIN:          GB00BD8BTF36
   Category Code: ROM
   TIDM:          RE.22
   LEI Code:      213800YXL94R94RYG150
   Sequence No.:  146806
   EQS News ID:   1294253


    
   End of Announcement EQS News Service

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