TIDMIII
RNS Number : 6683Y
3i Group PLC
19 May 2016
Announcement of interest in bond buy-backs
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART
OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES,
ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR
THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON, OR INTO ANY OTHER
JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE
THIS DOCUMENT
19 May 2016
3i Group plc (the "Company") announced today that it has
authorised with immediate effect a purchase programme (the
"Programme") pursuant to which the Company may from time to time
purchase, through open market purchases or private transactions the
following securities (the "Notes"):
Description of the Notes Amount O/S
----------------------------- ---------------
EUR350,000,000 5.625% Notes
due 17 March 2017
XS0495913229 EUR331,140,000
----------------------------- ---------------
The Company will decide in its sole discretion the total amount
of Notes repurchased under the Programme. The price of a particular
buy-back under the Programme is to be determined between the
Company and relevant Noteholder.
Any Notes repurchased by the Company under the Programme will be
cancelled.
The Programme is being carried out to manage liquidity in
advance of the bond being repaid from existing cash reserves.
Requests for information in relation to the Programme should be
directed to:
Deutsche Bank AG, London Branch
Winchester House
1 Great Winchester Street
London EC2N 2DB
United Kingdom
Telephone: +44 (0) 207 545 8011
DISCLAIMER
This announcement contains important information, which should
be read carefully before any decision is made. If you are in doubt
as to the action you should take, you are recommended to seek your
own financial advice, including as to any tax consequences, from
your stockbroker, bank manager, solicitor, accountant or other
independent financial, tax or legal advisor. Any individual or
company whose Notes are held on its behalf by a broker, dealer,
bank, custodian, trust company or other nominee must contact such
entity if it wishes to sell such Notes. None of the Company or
Deutsche Bank makes any recommendation whether Noteholders should
sell Notes.
OFFER AND DISTRIBUTION RESTRICTIONS
The distribution of this announcement in certain jurisdictions
may be restricted by law. Persons into whose possession this
announcement comes are required by the Company and Deutsche Bank to
inform themselves about and to observe any such restrictions. This
announcement does not constitute an offer to buy or a solicitation
of an offer to sell the Notes (and offers to sell Notes will not be
accepted from Noteholders) in any circumstances in which such offer
or solicitation is unlawful.
United States:
No Offer to purchase Notes is being made or will be made,
directly or indirectly, in or into, or by use of the mails of, or
by any means or instrumentality of interstate or foreign commerce
of, or of any facilities of a national securities exchange of, the
United States. This includes, but is not limited to, facsimile
transmission, electronic mail, telex, telephone, the internet and
other forms of electronic communication. No Notes may be tendered
by any such use, means, instrumentality or facility from or within
the United States or by persons located or resident in the United
States. Accordingly, copies of this announcement and any other
documents or materials relating to the Notes are not being, and
must not be, directly or indirectly, mailed or otherwise
transmitted, distributed or forwarded (including, without
limitation, by custodians, nominees or trustees) in or into the
United States or to any U.S. persons or any persons located or
resident in the United States. Any purported tender of Notes
resulting directly or indirectly from a violation of these
restrictions will be invalid and any purported tender of Notes made
by a person located in the United States or any agent, fiduciary or
other intermediary acting on a non-discretionary basis for a
principal giving instructions from within the United States will be
invalid and will not be accepted. Each holder of Notes that tenders
Notes for purchase will be deemed to represent that it is not a
U.S. person, it is not located in the United States and is not
participating from the United States or it is acting on a
non-discretionary basis for a principal that is not a U.S. person,
that is located outside the United States and that is not giving an
order to participate from the United States. For the purposes of
this paragraph, United States means the United States of America,
its territories and possessions, any state of the United States of
America and the District of Columbia.
United Kingdom:
In the United Kingdom, this announcement is being distributed
only to, and is directed only at persons whose ordinary activities
involve them in acquiring, holding, managing or disposing of
investments (as principal or agent) for the purposes of their
business or who it is reasonable to expect will acquire, hold,
manage or dispose of investments (as principal or agent) for the
purposes of their business, for the purposes of Section 19 the
Financial Services and Markets Act.
Japan:
The Notes are not registered under the Financial Instruments and
Exchange Law of Japan (Law No. 25 of 1948, as amended, the "FIEL").
No offer to purchase Notes is being made or will be made, directly
or indirectly, in Japan or to, or for the benefit of any resident
of Japan (being any person resident in Japan, including any
corporation or other entity organised under the laws of Japan)
except where the Notes are held pursuant to an exemption from the
registration requirements of, and otherwise in compliance with, the
FIEL and any other applicable laws, regulations and ministerial
guidelines of Japan. Each holder of Notes that tenders Notes for
purchase from Japan will be deemed to represent that the Notes are
held in such a manner and pursuant to such an exemption.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IODLFFLIEFITLIR
(END) Dow Jones Newswires
May 19, 2016 02:02 ET (06:02 GMT)
3i (LSE:III)
Historical Stock Chart
From Mar 2024 to Apr 2024
3i (LSE:III)
Historical Stock Chart
From Apr 2023 to Apr 2024