Business
Intention to Partially Redeem Notes
Intention to Partially Redeem Notes.
About this update from Ocado Group Plc
[{"type":"text","content":"\n \nRNS Number : 4483B Ocado Group PLC 06 June 2019 \n\nOcado Group plc\n6 June 2019\n \nOcado Group plc (the \"Company\")\nIntention to Partially Redeem Notes\n \nThe Company announces that it has provided notice to HSBC Corporate Trustee Company (UK) Limited, as trustee, and HSBC Bank plc, as paying agent, under the indenture, dated as of 19 June, 2017 (the \"Indenture\"), governing the Company's 4.00% Senior Secured Notes due 2024 (the \"Notes\") of its intention to redeem £25,000,000 of aggregate principal amount of the Notes. A notice of partial redemption will be sent to the holders of the Notes in accordance with the requirements of the Indenture. Pursuant to the terms of the Indenture, the Notes will be redeemed at a redemption price equal to 103% of the principal amount of the Notes redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. The anticipated redemption date is 17 June 2019.\nThis announcement does not constitute a notice of redemption under the Indenture nor an offer to tender for, or purchase, any Notes or any other security.\n \nFurther information about Ocado is available on its website at www.ocadogroup.com.\n \nPerson responsible for arranging the release of this announcement:\nRobert Cooper\nDeputy Company Secretary \nOcado Group plc\nBuildings One & Two Trident Place\nMosquito Way\nHatfield\nHertfordshire\nAL10 9UL\nFax: +44 (0)1707 227997\nemail: [email protected] \n \nOcado Group plc LEI: 213800LO8F61YB8MBC74\n \n \n\nThis 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 [email protected] or visit www.rns.com. END MSCFFMFTMBBMBRL\n ","length":3446,"tagName":"div"}]