Buyback
July 13 2009 - 10:25AM
UK Regulatory
TIDM48VT
RNS Number : 5884V
Kensington Group PLC
13 July 2009
RNS Announcement
13 July 2009
Kensington Group plc (the "Company")
Purchase of GBP18.355 million 9.00 per cent. Callable Subordinated Notes due
2015
ISIN: XS0233803153
The Company announces today that a total of GBP18.355 million principal amount
of the 9.00 per cent. Callable Subordinated Notes due 2015 (the "Notes") issued
by it was purchased on 10 July 2009 and 13 July 2009 by Investec Gresham
Limited, another member of the Investec group.
It is expected that all Notes so purchased by Investec Gresham Limited will be
retained in the Investec group or subsequently capitalised. In the event of any
subsequent capitalisation, the Notes will be cancelled.
As at the date of settlement of the purchase of the Notes by Investec Gresham
Limited, Kensington Group plc expects the aggregate principal amount of the
Notes outstanding and not held by Investec Gresham Limited to be GBP69,767,000,
representing approximately 79.2 per cent. of the issued aggregate principal
amount of the Notes currently in issue.
This announcement does not constitute an offer to purchase any securities or a
solicitation of an offer to sell any securities.
Enquiries:
Sarah Milne
By email: Sarah.Milne@investec.co.uk
Tel: +44 20 7597 4000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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