Statement re Annual Distribution Amount
26 Maio 2010 - 3:00AM
UK Regulatory
TIDM69WK
RNS Number : 5258M
Tabreed 08 Financing Corporation
26 May 2010
Tabreed 08 Financing Corporation
AED1,700,000,000 Trust Certificates due 2011 (the "Certificates")
Mandatorily exchangeable into Shares of National Central Cooling Company
(Tabreed) PJSC ("Tabreed")
Capitalised terms used in this announcement have the meanings given to them in
the terms and conditions of the Certificates (the "Conditions").
Pursuant to Condition 12.1, Tabreed announces that on behalf of the Issuer it
has notified BNY Corporate Trustee Services Limited, as Delegate that the Annual
Distribution Amount due for payment on 19 May 2010 remains unpaid. The Bank of
New York Mellon, as Principal Paying Agent has also been requested to give
notice to Certificateholders accordingly in accordance with Condition 18.
As announced on 26 April 2010, Tabreed intends to propose amendments to the
Conditions in due course in connection with its broader recapitalisation
programme that Tabreed is targeting for completion in the fourth quarter of
2010.
For more information, Certificateholders should contact:
Kalpesh Shah
Investor Relations Associate
KShah@tabreed.com
National Central Cooling Company (Tabreed) PJSC
26 May 2010
This information is provided by RNS
The company news service from the London Stock Exchange
END
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