Last checked at 6 Jun 2019 17:19
Ocado Group plc
6 June 2019
Ocado Group plc (the "Company")
Intention to Partially Redeem Notes
The Company announces that it has provided notice to HSBC Corporate Trustee Company (UK) Limited, as trustee, and HSBC Bank plc, as paying agent, under the indenture, dated as of 19 June, 2017 (the "Indenture"), governing the Company's 4.00% Senior Secured Notes due 2024 (the "Notes") of its intention to redeem £25,000,000 of aggregate principal amount of the Notes. A notice of partial redemption will be sent to the holders of the Notes in accordance with the requirements of the Indenture. Pursuant to the terms of the Indenture, the Notes will be redeemed at a redemption price equal to 103% of the principal amount of the Notes redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. The anticipated redemption date is 17 June 2019.
This announcement does not constitute a notice of redemption under the Indenture nor an offer to tender for, or purchase, any Notes or any other security.
Further information about Ocado is available on its website at www.ocadogroup.com.
Person responsible for arranging the release of this announcement:
Robert CooperDeputy Company Secretary Ocado Group plcBuildings One & Two Trident PlaceMosquito WayHatfieldHertfordshireAL10 9ULFax: +44 (0)1707 227997email: company.secretary@ocado.com
Ocado Group plc LEI: 213800LO8F61YB8MBC74