B&M Regulatory News (BME)

3 April 2023

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. IF ANY NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY.

NOTICE TO THE HOLDERS OF THE FOLLOWING NOTES ISSEUD BY

B&M European Value Retail S.A.

£400,000,000 3.625% senior secured notes due 2025 (ISIN: XS2199627030)

(the "2025 Notes")

£250,000,000 4.000% senior secured notes due 2028 (ISIN: XS2411541738)

(the "2028 Notes")

B&M European Value Retail S.A. (the "Issuer") (BME:LN) announces that, (i) in accordance with section 4.15 of the indenture, dated 13 July 2020 (the "2025 Notes Indenture"), between, inter alia, the Issuer, Deutsche Trustee Company Limited (the "Trustee"), as trustee, and B&M European Value Retail 1 S.à r.l., B&M European Value Retail 2 S.à r.l., B&M European Value Retail Holdco 1 Ltd, B&M European Value Retail Holdco 2 Ltd, B&M European Value Retail Holdco 3 Ltd, B&M European Value Retail Holdco 4 Ltd, EV Retail Limited and B & M Retail Limited (collectively, the "Guarantors"), as initial guarantors, as may be amended, restated and supplemented from time to time and, most recently, by way of a supplemental indenture between the Issuer, the Trustee and the New Guarantors (as defined below), dated 31 March 2023, and (ii) in accordance with section 4.15 of the indenture, dated 24 November 2021 (the "2028 Notes Indenture" and, together with the 2025 Notes Indenture, the "Notes Indentures")), between, inter alia, the Issuer, the Trustee, as trustee, and the Guarantors, as initial guarantors, as may be amended, restated and supplemented from time to time and, most recently, by way of a supplemental indenture between the Issuer, the Trustee and the New Guarantors (as defined below), dated 31 March 2023, the following entities:

1. Heron Foods Limited (LEI: 213800T3K97CVGZWG738); and

2. Heron Food Group Limited (LEI: 213800EQECDF59OTXP44),

(together, the "New Guarantors") have guaranteed the obligations under the Indentures and become Guarantors under (i) the 2025 Notes issued under the 2025 Notes Indenture and (ii) the 2028 Notes issued under the 2028 Notes Indenture.

Information on the New Guarantors

The New Guarantors are indirect subsidiaries of the Issuer.  

Enquiries

B&M European Value Retail S.A.

For further information please contact +44 (0) 151 728 5400

Mike Schmidt, Chief Financial Officer

Dave McCarthy, Head of Investor Relations

investor.relations@bandmretail.com

Media

For media please contact +44 (0) 207 379 5151

Maitland

Sam Cartwright

bmstores-maitland@maitland.co.uk