Business
Final Result of Tender Offer
Final Result of Tender Offer.
About this update from Vanquis Banking Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2432O\n Provident Financial PLC\n 06 October 2021\n \n \n \n NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT\n 6 October 2021\n \n PROVIDENT FINANCIAL PLC\n announces the final results of the tender offer in relation to its\n £250,000,000 7.00 per cent. Notes due 2023\n \n \n \n Further to its announcements on 29 September 2021 and earlier today, Provident Financial plc (the \"Company\") hereby announces the final results of the invitation to holders of its £250,000,000 7.00 per cent. Notes due 2023 (ISIN: XS1827005411) unconditionally and irrevocably guaranteed by each of Duncton Group Limited, Moneybarn Group Limited, Moneybarn No.1 Limited and Provident Financial Holdings Limited (the \"Notes\") to tender such Notes for purchase by the Company for cash (the \"Offer\"). The Offer was made on the terms and subject to the conditions contained in the tender offer memorandum dated 29 September 2021 (the \"Tender Offer Memorandum\") prepared by the Company.\n The Offer remains subject to the conditions and restrictions set out in the Tender Offer Memorandum. Capitalised terms used in this announcement but not defined herewith have the meanings given to them in the Tender Offer Memorandum.\n The Expiration Deadline for the Offer was 4.00 p.m. (London time) on 5 October 2021.\n As at the Expiration Deadline, £71,453,000 in aggregate principal amount of Notes had been validly tendered pursuant to the Offer.\n The Company hereby informs the Noteholders that set out in the table below is the final aggregate principal amount of Notes validly tendered pursuant to the Offer and accepted for purchase and the Maximum Acceptance Amount applicable to such Notes. No pro-ration factor will be applied.\n \n \n \n \n \n Description of the Notes\n \n \n \n \n \n \n ISIN/ Common Code\n \n \n \n \n \n \n Outstanding Principal Amount (prior to the Tender Offer Settlement Date)\n \n \n \n \n \n \n Maximum Acceptance Amount\n \n \n \n \n \n \n Pro...