LBT - Liberty International Plc - Conversion of 3.95 per cent. Convertible bonds
LBT
LILII
LBT - Liberty International Plc - Conversion of 3.95 per cent. Convertible bonds
due 2010
LIBERTY INTERNATIONAL PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code: LBT
Issuer Code: LILI I
LIBERTY INTERNATIONAL PLC
19 December 2008
CONVERSION OF 3.95 PER CENT. CONVERTIBLE BONDS DUE 2010
Liberty International PLC (the "Company") announces that in exchange for an
aggregate cash payment of GBP2.5 million, investors in the Bonds have agreed to
submit conversion notices for a total of GBP21 million of Bonds, representing 19
per cent. of the GBP109 million of Bonds outstanding on 19 December 2008.
In accordance with their terms, the Bonds referred to above will convert into
2.6 million new ordinary shares of the Company (the "Shares") on the basis of
125 Shares per GBP1000 of Bonds, increasing the Company`s issued ordinary share
capital (excluding shares held in treasury) from 361.9 million to 364.5 million
ordinary shares.
Enquiries to:
Liberty International PLC:
Susan Folger Company Secretary +44 (0)20 7887 7000
Date: 19/12/2008 13:54:20 Produced by the JSE SENS Department.
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