R.e.a.hldgs. Regulatory News (RE.)

3 Jul 2006 14:09

R.E.A.Hldgs PLC03 July 2006 R.E.A. Holdings plc ("REA")Issue of further 7.5 per cent dollar notes 2012/14 ("dollar notes") Further to the announcement made on 29 June 2006, REA announces that theagreement between REA and KBC Securities N.V. ("KBC"), whereby KBC agreed to useits reasonable endeavours to procure placees for further dollar notes, has nowbecome unconditional. As a result, a total of $4,100,000 nominal of new dollarnotes have today been allotted fully paid at an issue price of 92.5 per cent ofpar. These new dollar notes rank pari passu in all respects with the dollarnotes already in issue (and, in particular, will be entitled to interest on 31December 2006 calculated as if it accrued from 1 July 2006). Application has been made for the new dollar notes to be admitted to theOfficial List of the Financial Services Authority and to trading on the LondonStock Exchange's market for listed securities. It is expected that dealings inthese dollar notes will commence on 4 July 2006. This information is provided by RNS The company news service from the London Stock Exchange