Repayment of Debenture Stock (4713K)
15 Julho 2011 - 5:25AM
UK Regulatory
TIDMENG
RNS Number : 4713K
Electric & General Inv Tst PLC
15 July 2011
15 July 2011
Electric & General Investment Trust plc (the "Company")
Repayment of debenture stock
The Company entered into a trust deed on 27 March 1934, which
was subsequently amended on 20 February 1976, 18 August 1986 and 8
January 1997, pursuant to which the Company issued a number of
series of debenture stock. The only outstanding line of debenture
stock is the GBP7,000,000 10.75 per cent. 2011 debenture stock and
the Company has agreed with the current trustee, the Law Debenture
Corporation plc to redeem this stock on 22 July 2011. The stock
will be redeemed for GBP7,376,250, being its principal level of
GBP7,000,000 together with all accrued interest of GBP106,913 and
interest that would have accrued if the debenture stock had been
redeemed as scheduled on 30 November 2011 of GBP269,337. Following
redemption of the stock and prior to the distribution of assets
pursuant to the Scheme, the floating charge granted by the Company
as security for the stock will be released and removed from the
charges register.
Expected timetable
Record date 18 July 2011
Payment date 22 July 2011
Enquiries
William Simmonds
J.P. Morgan Cazenove 020 7588 2828
( )
J.P. Morgan Cazenove, which is authorised and regulated in the
United Kingdom by the Financial Services Authority, is acting for
Electric & General Investment Trust plc and for no one else,
including any recipient of the Circular, in connection with the
Proposals and will not be responsible to anyone other than Electric
& General Investment Trust plc for providing the protections
afforded to clients of J.P. Morgan Cazenove or for providing advice
in relation to the Proposals or any other matter referred to
therein.
( )
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGIGDRXDBBGBU
Electric & General (LSE:ENG)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Electric & General (LSE:ENG)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Elec.& Gen.It da Bolsa de Valores de Londres bolsa de valores: 0 artigos recentes
Mais Notícias de Electric & General