|
Liberty International PLC completes issue of GBP240 Million 3.95 per cent.
Convertible Bonds due 2010
LIBERTY INTERNATIONAL PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code: LBT
Issuer Code: LILI I
For Immediate Release
16 October 2003
NOT FOR RELEASE OR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN OR TO US PERSONS
Liberty International PLC completes issue of GBP240 Million 3.95 per cent.
Convertible Bonds due 2010
Further to the announcement of 17 September 2003, Liberty International PLC is
pleased to announce that it has today completed the issue of GBP240 million
Convertible Bonds due 2010 (the "Bonds").
As previously announced, the Bonds carry a coupon of 3.95% per annum payable
semi-annually in arrear on 31 March and 30 September in each year and the
initial conversion price is GBP8.00 per Liberty International PLC share. Unless
previously converted or repaid, the Bonds will be redeemed at 100% of their
principal amount on 30 September 2010. Investors have the option of early
repayment by Liberty International PLC at par on 30 September 2007.
The Bonds will be admitted to listing on the Official List of the UK Listing
Authority and to trading on the London Stock Exchange plc"s market for listed
securities on 17 October 2003.
Press enquiries:
Liberty International PLC:
Aidan Smith Finance Director +44 (0)20 7960
1210
Susan Folger Company Secretary +44 (0)20 7887
7004
Stabilisation/FSA
This press release is issued by Liberty International PLC.
The Bonds and the ordinary shares to be issued upon conversion of the Bonds have
not been and will not be registered under the United States Securities Act of
1933 (the "Securities Act") and the Bonds are subject to U.S. tax law
requirements. Accordingly, the Bonds and the ordinary shares to be issued upon
conversion of the Bonds may not be offered or sold within the United States or
to U.S. persons (as defined in Regulation S under the Securities Act) except
pursuant to an exemption. There will be no public offer for the Bonds or the
ordinary shares to be issued on conversion of the Bonds in the United States.
This release does not constitute an offer of securities for sale in the United
States, Canada, Australia or Japan. Neither this announcement nor any copy of
it may be taken or transmitted into Canada, Australia or Japan or to persons
resident in such jurisdictions. Neither this announcement nor any copy of it
may be taken or transmitted into the United States, its territories or
possessions, or distributed, directly or indirectly, in the United States, its
territories or possessions or to any US person (as defined in Regulation S under
the Securities Act). Any failure to comply with this restriction may constitute
a violation of United States securities laws.
South African residents should be aware that South African Exchange Control
Regulations apply or may apply to a participation in the offer of the Bonds.
They should, accordingly, through an authorised dealer, obtain any necessary
approval or establish that an existing control approval or exemption applies to
such investment.
Date: 16/10/2003 12:21:58 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
