TIDMIPF
RNS Number : 5869B
International Personal Finance Plc
07 June 2019
The information contained herein may only be released, published
or distributed in the United Kingdom, the Isle of Man, Jersey and
the Bailiwick of Guernsey in accordance with applicable regulatory
requirements. The information contained herein is not for release,
publication or distribution in or into the United States,
Australia, Canada, Japan, South Africa, the Republic of Ireland or
in any other jurisdiction where it is unlawful to distribute this
document.
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT
QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE
MEANING OF ARTICLE 7(10) OF THE MARKET ABUSE REGULATION (EU)
596/2014.
SEE "IMPORTANT INFORMATION" BELOW
INTERNATIONAL PERSONAL FINANCE PLC (THE "ISSUER")
7 June 2019
Final Terms Confirmation and Results of Exchange Offer
Announcement
This announcement constitutes the Final Terms Confirmation
Announcement referred to in (i) the Final Terms dated 16 May 2019
relating to the proposed issue by the Issuer of 7.75 per cent.
notes due 2023 for cash (the "Additional Notes Final Terms"); and
(ii) the Final Terms contained in pages 58 to 69 of the Exchange
Offer Memorandum dated 16 May 2019 (the "Exchange New Notes Final
Terms" and the "Exchange Offer Memorandum") relating to the
proposed offer for exchange of the Issuer's outstanding sterling
denominated 6.125% bonds due 2020 (ISIN: XS0919406800) (the
"Existing 2020 Notes") for 7.75 per cent. notes due 2023.
This announcement also hereby announces the results of the
Exchange Offer referred to in the Exchange Offer Memorandum. This
announcement must be read in conjunction with, and as applicable,
the Prospectus, the Supplementary Prospectus, the Exchange Offer
Memorandum (including the Exchange New Notes Final Terms) and the
Additional Notes Final Terms (in all cases as defined above or
below).
The Prospectus, the Supplementary Prospectus, the Exchange Offer
Memorandum (including the Exchange New Notes Final Terms) and the
Additional Notes Final Terms are available for viewing on the
website of Lucid Issuer Services Limited
(https://portal.lucid-is.com).
The Exchange Period relating to the Exchange Offer and the Offer
Period relating to the offer of Additional Notes expired at 12 Noon
on 7 June 2019 and accordingly the Exchange New Notes and the
Additional Notes (together, the "Notes") can no longer be
subscribed for nor be obtained by way of application for exchange.
Accordingly, this announcement is not an offer to subscribe,
tender, sell or exchange any securities.
Unless otherwise defined herein, terms used herein shall, as
applicable, have the meaning given to them in the base prospectus
published on 12 April 2019 (the "Prospectus") as supplemented by a
supplementary prospectus published on 7 May 2019 (the
"Supplementary Prospectus"), the Exchange Offer Memorandum and the
Additional Notes Final Terms.
The Exchange New Notes and the Additional Notes to be issued
will be consolidated and form a single series on the Issue Date,
with ISIN XS1998163148.
The Issuer confirms the following for the purposes of this Final
Terms Confirmation Announcement:
Aggregate Nominal Amount GBP78,100,000
of the Series of Notes
to be issued:
Estimated net proceeds GBP19,492,300 (being the Aggregate Nominal
of the offer of the Series Amount of the Notes issued pursuant to
of Notes to be issued: the Cash Offer at the Issue Price of
100% less the fees payable to the Dealer
Managers in respect of both the issuance
of the Additional Notes and the Exchange
New Notes; and
GBP57,401,900 in the form of the aggregate
nominal amount of Existing 2020 Notes
accepted for exchange pursuant to the
Exchange Offer.
Estimated expenses relating GBP1,205,800 (being the fees payable
to the offer of the Series to the Dealer Managers in relation to
of Notes to be issued: both the Exchange New Notes and the Additional
New Notes and deducted as described in
estimated net proceeds of the offer of
the Series of Notes to be issued above).
In relation to the Exchange Offer, the aggregate nominal amount
of Existing 2020 Notes accepted for exchange by the Issuer is
GBP57,401,900. Accordingly, the aggregate nominal amount of
Existing 2020 Notes outstanding after the Exchange Offer will be
GBP44,098,100.
-Ends-
For further information, please see IPF's website at
http://www.ipfin.co.uk or contact:
James Ormrod (Chief Legal Officer) +44 (0) 113 285 6824
Rachel Moran (Investor Relations
Manager) +44 (0) 113 285 6798
Nick Dahlgreen (Group Treasurer) +44 (0) 113 285 6921
IMPORTANT INFORMATION
This announcement is released by International Personal Finance
plc and contains information that qualified or may have qualified
as inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) 596/2014 (MAR), encompassing information
relating to an offer of securities, as described above. For the
purposes of MAR and Article 2 of Commission Implementing Regulation
(EU) 2016/1055, this announcement is made by James Ormrod, Chief
Legal Officer for International Personal Finance plc.
The offering and the distribution of this announcement and other
information in connection with any offer in certain jurisdictions
may be restricted by law and persons into whose possession this
announcement or any document or other information referred to
herein comes should inform themselves about and observe any such
restriction. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such
jurisdiction.
This announcement does not constitute or form part of any offer
or invitation to sell, or any solicitation of any offer to
purchase. Any purchase of Notes pursuant to any offer should only
be made on the basis of (as applicable) the information contained
in the Base Prospectus, the Supplementary Prospectus, the Exchange
Offer Memorandum, the Additional Notes Final Terms and the Exchange
New Notes Final Terms referred to above. The Base Prospectus, the
Supplementary Prospectus, the Exchange Offer Memorandum, the
Additional Notes Final Terms and the Exchange New Notes Final Terms
are available for viewing at (https://portal.lucid-is.com).
The Notes have not been and will not be registered under the US
Securities Act of 1933, as amended, (the "Securities Act") and,
subject to certain exceptions, may not be offered, sold or
delivered within the United States or to, or for the account or
benefit of U.S. persons (as defined in the Securities Act). The
Notes are being offered and sold outside of the United States in
reliance on Regulation S of the Securities Act. There will be no
public offering in the United States.
Legal Entity Identifier: 213800II1O44IRKUZB59
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCLLFEERRIDIIA
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