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DLN Derwent London Plc

2,030.00
-50.00 (-2.40%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Derwent London Plc LSE:DLN London Ordinary Share GB0002652740 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -50.00 -2.40% 2,030.00 2,034.00 2,040.00 2,074.00 2,030.00 2,030.00 205,071 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 190.5M -476.4M -4.2426 -4.80 2.29B

Derwent London PLC Adjustment to Conversion Price (7922E)

11/05/2017 8:00am

UK Regulatory


Derwent London (LSE:DLN)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Derwent London Charts.

TIDMDLN

RNS Number : 7922E

Derwent London PLC

11 May 2017

Derwent London plc

NOTICE TO THE HOLDERS OF DERWENT LONDON CAPITAL NO. 2 (JERSEY) LIMITED (the "Issuer") GBP150,000,000 1.125 PER CENT. GUARANTEED CONVERTIBLE BONDS DUE 2019 (the "Bonds") GUARANTEED BY DERWENT LONDON PLC (the "Guarantor") (ISIN: XS0954745351)

Pursuant to Article 2.4.5(F) of the Articles of the Issuer and Condition 17 of the terms and conditions of the Bonds (the "Conditions"), as set out in the Trust Deed dated 24 July 2013 between the Issuer, the Guarantor and BNY Mellon Corporate Trustee Services Limited and constituting the Bonds, notice is hereby given to Bondholders that, as a result of the Guarantor's final dividend of 38.5p per Ordinary Share and special dividend of 52p per Ordinary Share, payable on 9 June 2017 to holders of record on 5 May 2017, the Exchange Price of the Bonds is to be adjusted from GBP 33.3500p per Ordinary Share to GBP 32.7342p per Ordinary Share with effect from 4 May 2017.

Words and expressions defined in the Conditions shall have the same meaning when used in this notice.

11 May 2017

For further information, please contact:

Derwent London plc

Damian Wisniewski, Finance Director

Jay Joshi, Treasurer

Tel +44 (0)20 7659 3000

investors@derwentlondon.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGGUWAAUPMGMU

(END) Dow Jones Newswires

May 11, 2017 03:00 ET (07:00 GMT)

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