Rcb 5% Regulatory News (GHT2)

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THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (THE UK MARKET ABUSE REGULATION)

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19 March 2026

RCB Bonds PLC announces final results of tender offer

made by Greensleeves Homes Trust for RCB Bonds PLC's £50,000,000 4.25 per cent. Bonds due 2026 secured on a loan to Greensleeves Homes Trust

RCB Bonds PLC (the Issuer) today announces the final results of the invitation made by Greensleeves Homes Trust (the Offeror) to holders (the Bondholders) of the Issuer's outstanding £50,000,000 4.25 per cent. Bonds due 2026 secured on a loan to the Offeror and bearing ISIN: XS1575974933 (the Bonds) to tender such Bonds for purchase by the Offeror for cash up to the Maximum Acceptance Amount subject to the satisfaction (or waiver) of the New Financing Condition and the other conditions described in the Tender Offer Memorandum (as defined below) (the Offer).

The Offer was announced by the Issuer on 20 February 2026 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 20 February 2026 (the Tender Offer Memorandum) prepared by the Offeror and communicated to the Bondholders by the Issuer.

Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

Participation as at the Expiration Deadline

The Expiration Deadline of the Offer was 4.00 p.m. (London time) on 18 March 2026. As at the Expiration Deadline, the Offeror had received valid Tender Instructions in respect of £28,921,900 in aggregate principal amount of the Bonds.

Results of the Offer

As described in the issue size announcement made by the Issuer dated 19 March 2026, the gross proceeds of the New Bonds (excluding any retained bonds) to be issued is £23,216,174, and accordingly the Maximum Acceptance Amount (being the lower of (i) such gross proceeds divided by the Purchase Price of 97 per cent. and (ii) £30,000,000) is £23,934,200, although, as set out in the Tender Offer Memorandum, the Offeror has sole discretion to accept an amount more or less than the Maximum Acceptance Amount (or to accept none of the Bonds for purchase).

The Offeror has determined that the Final Acceptance Amount shall be £21,547,400. Accordingly, subject to the satisfaction (or waiver) of the New Financing Condition the Offeror will accept for purchase at the Purchase Price all Priority Bonds that are the subject of valid Tender Instructions, being £21,547,400 in principal amount of the Bonds. The Offeror will also pay an Accrued Interest Payment in respect of such Priority Bonds, as described in the Tender Offer Memorandum.

No Tender Only Bonds will be accepted for purchase.

£28,452,600 in aggregate principal amount of the Bonds will remain outstanding following settlement of the Offer. As announced by the Issuer on 3 February 2026, the redemption of the outstanding Bonds (and, accordingly, the payment of such amount) shall be deferred in accordance with Condition 10.3 of the Bonds until 30 March 2028.

The expected Settlement Date for the Offer, subject to satisfaction (or waiver) of the New Financing Condition, is 25 March 2026. As at the date of this announcement, the New Financing Condition has neither been satisfied nor waived.

Questions and requests for assistance in connection with the Offer may be directed to the Dealer Manager whose contact details are set out above.

This announcement contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the UK Market Abuse Regulation, encompassing information relating to the Offer described above. For the purposes of the UK Market Abuse Regulation, this announcement is made by John Tattersall, Chair, RCB Bonds PLC.

LEI Number: 21380081925ENBZ6KM68

DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Offeror, the Issuer, the Dealer Manager and the Tender Agent to inform themselves about, and to observe, any such restrictions.