REG-SEGRO PLC REDEMPTION OF REMAINING 6.750% NOTES DUE 2024

SEGROAnnouncement

16/06/2023 13:15

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REDEMPTION OF REMAINING 6.750% NOTES DUE 2024

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE.

REDEMPTION OF REMAINING OUTSTANDING £225,000,000 6.750 PER CENT NOTES DUE
2024 (THE “NOTES”)

(ISIN: XS0107099466)

16 June 2023

SEGRO announces today that it will fully redeem all the Notes outstanding on
14 August 2023 in accordance with Condition 6(C) of the Notes. The Notes will
be redeemed at the Adjusted Redemption Price of 100.985 per cent., together
with interest accrued to (but excluding) the Redemption Date.

Following redemption, the Notes will be cancelled pursuant to Condition 6(E)
of the Notes. Accordingly, the listing of the Notes on the Official List of
the Financial Conduct Authority and the admission of the Notes to trading on
the Regulated Market of the London Stock Exchange plc is expected to be
cancelled on, or shortly after, 15 August 2023.

Words and expressions used in this Notice shall, unless defined herein or the
context otherwise requires, have the same meaning as in the terms and
conditions of the Notes.

ENDS

Notes to Editors:

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock
Exchange and Euronext Paris, and is a leading owner, manager and developer of
modern warehouses and industrial property. It owns or manages 9.9 million
square metres of space (106 million square feet) valued at £20.9 billion as
at 31 December 2022, serving customers from a wide range of industry sectors.
Its properties are located in and around major cities and at key
transportation hubs in the UK and in seven other European countries.

For over 100 years SEGRO has been creating the space that enables
extraordinary things to happen. From modern big box warehouses, used primarily
for regional, national and international distribution hubs, to urban
warehousing located close to major population centres and business districts,
it provides high-quality assets that allow its customers to thrive.

A commitment to be a force for societal and environmental good is integral to
SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on
three long-term priorities where the company believes it can make the greatest
impact: Championing Low-Carbon Growth, Investing in Local Communities and
Environments and Nurturing Talent.

Striving for the highest standards of innovation, sustainable business
practices and enabling economic and societal prosperity underpins SEGRO’s
ambition to be the best property company.

See www.SEGRO.com
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.SEGRO.com&esheet=53421878&newsitemid=20230616317599&lan=en-US&anchor=www.SEGRO.com&index=1&md5=615183c394d9d51d8d2a2a5e3893f664)
for further information.

Harry Stokes (Commercial Finance Director)

Tel: +44 (0) 20 7451 9124 / harry.stokes@segro.com
(mailto:harry.stokes@segro.com)

Gary Gaskarth (External Communications Manager)

Tel: +44 (0) 20 7451 9069

Richard Sunderland / Ellie Sweeney / Eve Kirmatzis (FTI Consulting)

Tel: +44 (0) 20 3727 1000



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