Capital/Financing Update • Sep 22, 2021
Capital/Financing Update
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RNS Number : 6521M
Just Group PLC
22 September 2021
Just Group plc
22 September 2021
Redemption of £300,000,000 Fixed Rate Reset Perpetual Restricted Tier 1 Contingent Convertible Notes (the "Notes") issued by Just Group plc ("Just Group")
(ISIN: XS1934875219)
On 13 September 2021, Just Group announced the successful completion of a tender offer to all holders of the Notes (the "Noteholders"), pursuant to which £295,170,000 in aggregate nominal amount of the Notes (the "Tendered Notes") were validly tendered for purchase by Noteholders.
The Tendered Notes were repurchased and cancelled by the Just Group on 17 September 2021. As at the date hereof, £4,830,000 in aggregate nominal amount of the Notes remain outstanding (the "Outstanding Notes").
Just Group has today given notice that, pursuant to Condition 8(j) (Clean-up redemption at the option of the Issuer) of the Terms and Conditions dated 21 March 2019 relating to the Notes, on 22 October 2021, it shall repurchase and cancel the Outstanding Notes.
For further information, please contact:
Alistair Smith, Investor Relations
Telephone: +44 (0) 1737 232 792
Paul Kelly, Investor Relations
Telephone: +44 (0) 20 7444 8127
A copy of this announcement will be available on the Group's website www.justgroupplc.co.uk.
JUST GROUP PLC
GROUP COMMUNICATIONS
Enterprise House
Bancroft Road
Reigate
Surrey RH2 7RP
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