Prudential PLC — Capital/Financing Update 2018

May 9, 2018

National Storage Mechanism | Additional information

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RNS Number : 4663N

Prudential PLC

09 May 2018

Prudential PLC

9 May 2018

9 May 2018

Scottish Amicable Finance plc

LEI: 213800E2SWPCDVDKVT10

CLARIFICATION OF ANNOUNCEMENT 

CORRECTION OF HEADLINE

This announcement clarifies the announcement made by Scottish Amicable Finance plc on 8 May 2018, at 6.08 p.m. (UK time), with RNS number 4242N. That announcement was released with an incorrect headline. The headline should have read "Notice - Redemption £100,000,000 8.5% Bonds". The text of the announcement remains unchanged and is set out below in full for reference.

SCOTTISH AMICABLE FINANCE PLC

(the "Issuer")

£100,000,000 8.5 PER CENT. UNDATED SUBORDINATED GUARANTEED BONDS UNCONDITIONALLY AND IRREVOCABLY GUARANTEED ON A SUBORDINATED BASIS BY SCOTTISH AMICABLE LIFE ASSURANCE SOCIETY

(ISIN: XS0047897417)

(the "Bonds" and the holders thereof, the "Bondholders")

The Issuer has today given formal notice to the Bondholders that it intends to redeem the Bonds in full on 30 June 2018, in accordance with their terms and conditions.

Enquiries to:

Media:		Investors/Analysts:
Jonathan Oliver Jonathan Miller	+44 (0)20 7548 3537 +44 (0)20 7548 2776	Chantal Waight Richard Gradidge William Elderkin	+44 (0)20 7548 3039 +44 (0)20 7548 3860 +44 (0)20 3480 5590

DISCLAIMER

This announcement is not intended to and does not constitute or form part of any offer to sell or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities in any jurisdiction, nor shall it (or the fact of its distribution) form the basis of, or be relied on in connection with, any contract therefore or be considered a recommendation that any investor should subscribe for or purchase or invest in any securities.

The securities described in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, or under any relevant securities laws of any state of the United States of America and may not be offered, sold or delivered in the United States of America or to, or for the account of or benefit of, U.S. Persons, subject to certain limited exemptions.

This information is provided by RNS

The company news service from the London Stock Exchange

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