NOTICE OF SATISFACTION OF CONSENT CONDITIONS
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014
FOR DISTRIBUTION ONLY OUTSIDE THE UNITED STATES TO PERSONS OTHER THAN "U.S. PERSONS" (AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED). NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT
Annington Property Limited
on behalf of
Annington Repackaging No. 1 Ltd
(incorporated with limited liability under the laws of Jersey)
announces the satisfaction of the Consent Conditions in respect of the meeting of the holders (the Noteholders) of the Issuer's outstanding
£550,000,000 Class A Secured Fixed Rate Notes due 2023 (XS0162726987)
£830,000 Class B Zero Coupon Notes due 2023 (XS0162727019)
Further to the announcement made by the Issuer on 27 June 2017 relating to the results of a meeting of Noteholders held that day, the Issuer hereby confirms that the Consent Conditions (as defined in the Consent Solicitation Memorandum referred to in the Notice of Meeting) have now been satisfied.
Execution and delivery of the Supplemental Trust Deed and the Agency Agreement Amendment Agreement will be today, 30 June 2017. Payment to Noteholders entitled to the Work Fee will be made on or around 7 July 2017.
Capitalised terms used herein have the meaning given to them in the Notice convening the Noteholder meeting published through Euroclear Bank SA/NV and Clearstream Banking, S.A. on 5 June 2017 (the Notice of Meeting).
Further details about the transaction can be obtained from:
The Solicitation Agents
Barclays Bank PLC
5 The North Colonnade
London E14 4BB
Telephone: +44 20 3134 8515
Attention: Liability Management Group
Email: [email protected]
J.P. Morgan Securities plc
Telephone: +44 20 7134 2468
Annington Repackaging No.1 Ltd
Jersey JE4 9WG
Dated: 30 June 2017
This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.
This information is provided by RNS