Source - LSE Regulatory
RNS Number : 7774H
Trainline PLC
06 August 2021
 

 

Trainline plc

 

Notification of Repurchase of Convertible Bonds

 

6th August 2021

 

Trainline plc (the "Company") announces that it has repurchased £28.6m in aggregate principal amount of the £150 million of senior unsecured Convertible Bonds due 2026 (the "Bonds").

 

Following this purchase £121.4m in aggregate principal amount of the Bonds remain outstanding. The Company may look to make further repurchases from time to time, subject to market conditions.

 

The Bonds which have been repurchased will be surrendered by the Company for cancellation.

 

This notification complies with LR 12.5.2. in relation to the repurchase of 19.1% of the principal amount of the Bonds initially issued. Further announcements will be made in accordance with the Listing Rules in the event that more Bonds are repurchased.

 

This notification does not constitute or form part of an offer to sell or purchase, or a solicitation of an offer to sell or purchase, the Bonds or any other securities.

 

Enquiries

For investor enquiries, Andrew Gillian                        investors@trainline.com 

For media enquiries, Victoria Biggs                            +44 7850 205490 / press@trainline.com 

 

Brunswick Group

Simone Selzer                                                               +44 207 404 5959 / trainline@brunswickgroup.com

 

About Trainline

Trainline (www.trainline.com) is the leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one-stop shop for rail and coach travel bringing together millions of routes, fares and journey times from rail and coach carriers across Europe.

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