Last checked at 4 Jun 2021 07:00
Hammerson plc
4 June 2021
Hammerson plc announces exercise of early redemption option in respect of EUR 500,000,000 2.00% Bonds due 2022
If you are in doubt about any aspect of this announcement and/or the action you should take, you should consult immediately your stockbroker, bank manager, solicitor, accountant or other professional advisor authorised under the Financial Services and Markets Act 2000 (if you are in the United Kingdom) or another appropriately authorised independent financial adviser.
Hammerson plc (the Company) announces the exercise of the Company's early redemption option in respect of the EUR 500,000,000 2.00% Bonds due 2022 (ISIN: XS1081656180) (the Bonds).
Capitalised terms used in this announcement shall bear the meanings given to them in the Terms and Conditions of the Bonds set out in the Ninth Supplemental Trust Deed dated 1 July 2014 (the Terms and Conditions).
The Bonds will be redeemed in full on 8 July 2021 pursuant to Condition (6)(b) of the Terms and Conditions. The Company has today delivered the notice required by Condition 6(b) to Euroclear and Clearstream, Luxembourg.
The Redemption Price will be calculated on the Relevant Record Date, being 5 July 2021, in accordance with Condition 6(b)(i) of the Terms and Conditions.
Holders of Bonds which are held by Clearstream, Luxembourg or Euroclear should contact the relevant corporate actions departments within the Clearing Systems for further information.
ENDS
The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange and Euronext Dublin.