Business
Warrant Redemption Notice
Warrant Redemption Notice.
About this update from Standard Life Plc
[{"type":"text","content":"\n \nRNS Number : 3527V Phoenix Group Holdings 23 July 2018 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION\nSimplification of capital structure - notice of amendment and redemption of warrants\n23 July 2018\nOn 2 September 2009, Phoenix Group Holdings (then known as Pearl Group) (the \"Company\") issued 5 million warrants (the \"warrants\") over its shares to certain of its lenders, executing a deed poll setting out the terms of the warrants (the \"warrant instrument\").\nThe Company is pleased to announce that, having now amended the warrant instrument to permit the redemption at the relevant price, it will redeem all outstanding warrants on 23 August 2018 at the value of the warrants as shown in the Company's annual report and accounts for the year ended 2017.\nEnquiries\nEquity Investors/Analysts:\nClaire Hawkins, Head of Investor Relations, Phoenix\n+44 (0) 20 3735 0575\nMedia\nAndy Donald and Vikki Kosmalska, Maitland\n+ 44 (0) 20 7379 5151\nShellie Wells, Head of Corporate Communications, Phoenix Group\n+44 (0) 203 735 0922/ +44 7872 414137\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 STRFKKDPQBKDFOB\n ","length":2273,"tagName":"div"}]