REG - Smiths Group PLC - Notice of Redemption Price

SmithsAnnouncement

15/02/2022 11:00

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RNS Number : 7388B  Smiths Group PLC  15 February 2022

15 February 2022

Smiths Group plc (Smiths)

Notice of Redemption Price

US$400,000,000 3.625 per cent. Guaranteed Notes due 2022 fully and
unconditionally guaranteed by Smiths Group International Holdings Limited (the
Notes)

                                                 CUSIP Number  ISIN number
 Notes represented by Rule 144A Global Notes     83238PAD6     US83238PAD69
 Notes represented by Regulation S Global Notes  G82401AH6     USG82401AH63

On 13 January 2022, Smiths announced its intention to redeem all of the
outstanding Notes on 17 February 2022 (the Redemption Date) pursuant to
Section 4(b) (the Redemption) of the terms and conditions of the Notes (the
Conditions) as set out in Exhibit B-1 of the Fiscal and Paying Agency
Agreement dated 12 October 2012.

Terms used but not defined in this notice have the meaning given to them in
the Conditions.

Smiths appointed an Independent Investment Banker to determine the redemption
price based on the Composite 3:30 p.m. Quotations for US Government Notes
published by the Federal Reserve Bank of New York or such other United States
Treasury selected by the Independent Investment Banker as at 3:30 p.m., New
York City time, on 14 February 2022 plus 30 basis points, together with
accrued and unpaid interest.

NOTICE IS HEREBY GIVEN that the redemption price so determined in accordance
with the Conditions is $1,015.69 in respect of each $1,000 principal amount.
In addition, an amount equal to $12.58680556 per $1,000 in respect of accrued
and unpaid interest to the Redemption Date shall be payable in respect of the
Notes.

The CUSIP and ISIN numbers in relation to the Notes being redeemed are as set
forth above. No representation is made as to the correctness or accuracy of
such numbers listed in this Notice of Redemption Price or printed on the
Notes. Reliance may be placed only on the other identification numbers printed
on the Notes.

Payment in relation to the Notes will be made in accordance with the usual
procedures of Clearstream, Luxembourg and/or Euroclear and/or DTC. Following
redemption, the Notes will be cancelled.

Enquiries:

 

Sacha Kenny

Group Treasury Director

+44 (0) 20 7004 1600

+44 (0) 7917 214 976

Sacha.kenny@smiths.com (mailto:Sacha.kenny@smiths.com)

 

Jemma Spalton

Investor Relations Director

+44 (0) 20 7004 1600

+44 (0) 7867 390 350

Jemma.spalton@smiths.com (mailto:Jemma.spalton@smiths.com)

 

Legal Entity Identifier: 213800MJL6IPZS3ASA11

 

 

About Smiths Group

For over 170 years, Smiths Group has been pioneering progress by improving
the world through smarter engineering. We serve millions of people every year,
to help create a safer, more efficient and better-connected world, across four
major global markets:  Energy, General Industry, Security & Defence, and
Aerospace. Listed on the London Stock Exchange, Smiths employs c.14,600
colleagues in over 50 countries. For more information visit www.smiths.com
(http://www.smiths.com/) .

 

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