REG - Wellington Pub Co - Notice to Bondholders

Deutsche Bank AGAnnouncement

03/07/2024 12:00

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RNS Number : 9960U  Wellington Pub Company PLC  03 July 2024

NOTICE TO BONDHOLDERS

WELLINGTON PUB COMPANY PLC

(Incorporated and registered in England & Wales with registered number
03406623)

(the "Issuer")

GBP 160,000,000 6.735 per cent. Class A

Secured Fixed Rate Bonds due 2029 (ISIN: XS0084965796)

and

GBP 51,000,000 7.335 per cent. Class B

Secured Fixed Rate Bonds due 2029 (ISIN: XS0084965879)

(together, the "Bonds")

 

THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE
REGISTERED AND BENEFICIAL OWNERS OF THE BONDS. IF APPLICABLE, ALL DEPOSITORY,
CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUIRED TO
EXPEDITE TRANSMITTAL TO BENEFICIAL OWNERS OF THE BONDS IN A TIMELY MANNER.

If you are in any doubt as to the action you should take, you are recommended
to seek your own financial advice immediately from your stockbroker, bank
manager, solicitor, accountant or other financial adviser authorised under the
Financial Services and Markets Act 2000 (if you are in the United Kingdom), or
from another appropriately authorised independent financial adviser and such
other professional advice from your own professional advisors as you deem
necessary.

This Notice is addressed only to holders of the Bonds (as defined below) and
persons to whom it may otherwise be lawful to distribute it ("relevant
persons"). It is directed only at relevant persons and must not be acted on or
relied on by persons who are not relevant persons. Any investment or
investment activity to which this Notice relates is available only to relevant
persons and will be engaged in only with relevant persons.

If you have recently sold or otherwise transferred your entire holding(s) of
any of the Bonds referred to below, you should immediately forward this
document to the purchaser or transferee or to the stockbroker, bank or other
agent through whom the sale or transfer was effected for transmission to the
purchaser or transferee.

In accordance with normal practice, Deutsche Trustee Company Limited as
trustee assumes no responsibility for this notice and it has not verified, and
expresses no opinion as to the contents of, this notice, and makes no
representation that all relevant information has been disclosed, or has been
disclosed accurately, to Bondholders. Accordingly, Deutsche Trustee Company
Limited as trustee urges Bondholders who are in any doubt as to the impact of
this notice to seek their own independent legal and/or financial advice.

IMPORTANT NOTICE TO BONDHOLDERS

Capitalised terms used herein and not specifically defined will bear the same
meanings as in the trust deed dated 2 March 1998 (the "Trust Deed") made
between the Issuer and Deutsche Trustee Company Limited (formerly known as
Bankers Trustee Company Limited) (the "Trustee").

Notice is hereby given to the holders of the Bonds (the "Bondholders") that
the written resolutions set out in the notice to Bondholders dated 24 June
2024 have been passed with the consent of Bondholders representing at least 75
per cent. of the aggregate Principal Amount Outstanding of each of the Class A
Bonds and the Class B Bonds then outstanding.

Further notice is given that the Deed of Amendment, Resignation and
Appointment mentioned in the notice to Bondholders has been executed.
Accordingly, the modifications referred to in the Deed of Amendment,
Resignation and Appointment have been implemented with effect on and from 2
July 2024.

 

 

 

 

Date of Notice: 03 July 2024

WELLINGTON PUB COMPANY PLC

 

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