Last checked at 15 Feb 2022 11:00
15 February 2022
Smiths Group plc (Smiths)
Notice of Redemption Price
US$400,000,000 3.625 per cent. Guaranteed Notes due 2022 fully and unconditionally guaranteed by Smiths Group International Holdings Limited (the Notes)
| CUSIP Number | ISIN number |
Notes represented by Rule 144A Global Notes | 83238PAD6 | US83238PAD69 |
Notes represented by Regulation S Global Notes | G82401AH6 | USG82401AH63 |
On 13 January 2022, Smiths announced its intention to redeem all of the outstanding Notes on 17 February 2022 (the Redemption Date) pursuant to Section 4(b) (the Redemption) of the terms and conditions of the Notes (the Conditions) as set out in Exhibit B-1 of the Fiscal and Paying Agency Agreement dated 12 October 2012.
Terms used but not defined in this notice have the meaning given to them in the Conditions.
Smiths appointed an Independent Investment Banker to determine the redemption price based on the Composite 3:30 p.m. Quotations for US Government Notes published by the Federal Reserve Bank of New York or such other United States Treasury selected by the Independent Investment Banker as at 3:30 p.m., New York City time, on 14 February 2022 plus 30 basis points, together with accrued and unpaid interest.
NOTICE IS HEREBY GIVEN that the redemption price so determined in accordance with the Conditions is $1,015.69 in respect of each $1,000 principal amount. In addition, an amount equal to $12.58680556 per $1,000 in respect of accrued and unpaid interest to the Redemption Date shall be payable in respect of the Notes.
The CUSIP and ISIN numbers in relation to the Notes being redeemed are as set forth above. No representation is made as to the correctness or accuracy of such numbers listed in this Notice of Redemption Price or printed on the Notes. Reliance may be placed only on the other identification numbers printed on the Notes.
Payment in relation to the Notes will be made in accordance with the usual procedures of Clearstream, Luxembourg and/or Euroclear and/or DTC. Following redemption, the Notes will be cancelled.
Enquiries:
Sacha Kenny
Group Treasury Director
+44 (0) 20 7004 1600
+44 (0) 7917 214 976
Sacha.kenny@smiths.com
Jemma Spalton
Investor Relations Director
+44 (0) 20 7004 1600
+44 (0) 7867 390 350
Jemma.spalton@smiths.com
Legal Entity Identifier: 213800MJL6IPZS3ASA11
About Smiths Group
For over 170 years, Smiths Group has been pioneering progress by improving the world through smarter engineering. We serve millions of people every year, to help create a safer, more efficient and better-connected world, across four major global markets: Energy, General Industry, Security & Defence, and Aerospace. Listed on the London Stock Exchange, Smiths employs c.14,600 colleagues in over 50 countries. For more information visit www.smiths.com.