REG - Berkeley Group PLC - Notice of New Guarantors and Release of Guarantors
28/02/2022 18:45
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RNS Number : 0943D Berkeley Group (The) PLC 28 February 2022
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS.
IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD
CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY.
28 February 2022
NOTICE TO THE HOLDERS OF THE FOLLOWING NOTES ISSUED BY
THE BERKELEY GROUP PLC
(the "Issuer")
£400,000,000 2.500 per cent. Guaranteed Notes due 2031 (ISIN: XS2370445921)
(the "Notes")
_______________________
NOTICE OF NEW GUARANTORS AND RELEASE OF GUARANTORS
_______________________
NOTICE IS HEREBY GIVEN THAT:
New Guarantors
In accordance with Condition 2(c) of the Terms and Conditions of the Notes and
Clause 4.2 of the trust deed dated 11 August 2021 (the "Trust Deed") made
between the Issuer, certain guarantors named therein (the "Guarantors") and
HSBC Corporate Trustee Company (UK) Limited (the "Trustee") and by way of a
supplemental trust deed between the Issuer, the Trustee and the New Guarantors
(as defined below) dated 28 February 2022, the following entities:
1. Berkeley Modular Limited;
2. Berkeley Strategic Land Limited;
3. Berkeley Two Hundred and Eight Limited;
4. Berkeley Twenty-Three Limited;
5. Berkeley Two Hundred and Seventeen Limited;
6. Berkeley Two Hundred and Eighteen Limited;
7. Berkeley Two Hundred and Nineteen Limited,
(together, the "New Guarantors") have acceded to the obligations as Guarantors
and become Guarantors under the Notes constituted by the Trust Deed.
Information on the New Guarantors
Name of New Guarantor Jurisdiction of Incorporation Date of Incorporation Registered Number Registered Address Business Activity
Berkeley Modular Limited England 16 December 2016 10529174 Berkeley House, 19 Portsmouth Road, Cobham, United Kingdom, KT11 1JG Residential-led regeneration and mixed use property development and ancillary
activities
Berkeley Strategic Land Limited England 2 June 1988 02264097 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Residential-led regeneration and mixed use property development and ancillary
activities
Berkeley Two Hundred and Eight Limited England 17 November 2015 09876181 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, United Kingdom, KT11 1JG Residential-led regeneration and mixed use property development and ancillary
activities
Berkeley Twenty-Three Limited England 14 June 2000 04014991 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Residential-led regeneration and mixed use property development and ancillary
activities
Berkeley Two Hundred and Seventeen Limited England 16 December 2016 10529183 Berkeley House, 19 Portsmouth Road, Cobham, United Kingdom, KT11 1JG Dormant
Berkeley Two Hundred and Eighteen Limited England 16 December 2016 10529199 Berkeley House, 19 Portsmouth Road, Cobham, United Kingdom, KT11 1JG Dormant
Berkeley Two Hundred and Nineteen Limited England 16 December 2016 10529204 Berkeley House, 19 Portsmouth Road, Cobham, United Kingdom, KT11 1JG Dormant
Release of Guarantors
In accordance with Condition 2(d) of the Terms and Conditions of the Notes and
Clause 4.3 of the Trust Deed made between the Issuer, the Guarantors and the
Trustee, by way of a written notice to the Trustee dated 28 February 2022, the
following entities:
1. Berkeley Homes (Festival Waterfront Company) Limited;
2. Berkeley Homes (Home Counties) plc;
3. Berkeley Partnership Homes Limited;
4. Stanmore Relocations Limited;
5. PEL Investments Limited;
6. CPWGCO 1 Limited;
7. St George Battersea Reach Limited;
8. Berkeley (Carnwath Road) Limited;
9. St George Developments Limited;
10. Berkeley Homes Special Contracts plc; and
11. Berkeley Homes (West Thames)
Limited,
(together, the "Released Guarantors") have been automatically and irrevocably
released and relieved of all their obligations as Guarantors and have ceased
to be Guarantors under the Notes constituted by the Trust Deed.
Information on the Released Guarantors
Name of Released Guarantor Jurisdiction of Incorporation Date of Incorporation Registered Number Registered Address Business Activity
Berkeley Homes (Festival Waterfront Company) Limited England 24 November 2003 04974207 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
Berkeley Homes (Home Counties) plc England 15 July 2002 04486305 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
Berkeley Partnership Homes Limited England 12 June 1986 02027578 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
Stanmore Relocations Limited England 23 May 2005 05459681 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
PEL Investments Limited England 27 March 2006 05757113 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
CPWGCO 1 Limited England 9 June 2009 06928853 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
St George Battersea Reach Limited Jersey 14 August 1997 69473 PO Box 521, 9 Burrard Street, St. Helier, Jersey, JE4 5UE Residential-led regeneration and mixed use property development and ancillary
activities
Berkeley (Carnwath Road) Limited Isle of Man 11 May 2007 000872V First Floor, Jubilee Buildings, Victoria Street, Douglas, IM1 2SH, Isle of Man Dormant
St George Developments Limited England 4 March 2005 05383543 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
Berkeley Homes Special Contracts public limited company Scotland 13 November 1967 SC045234 Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2EN Dormant
Berkeley Homes (West Thames) Limited England 19 October 2005 05596699 Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG Dormant
________________________________________________
The New Guarantors and Released Guarantors are direct or indirect wholly-owned
subsidiaries of the Issuer.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Robertson
Novella Communications
Tel: 020 3151 7008
Ann Dibben
Company Secretary
The Berkeley Group plc
The Issuer's LEI is: 2138001V85JLYR7AUB61
Further information on The Berkeley Group plc is available at
https://www.berkeleygroup.co.uk/ (https://www.berkeleygroup.co.uk/)
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