Gracechurch Card Programme Fdg PLC Notice to Noteholders (2175O)

TIDM40XQ

RNS Number : 2175O

Gracechurch Card Programme Fdg PLC

08 June 2022

THIS NOTICE CONTAINS IMPORTANT INFORMATION OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES (AS DEFINED BELOW). IF APPLICABLE, ALL DEPOSITARIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO PASS THIS NOTICE TO SUCH BENEFICIAL OWNERS IN A TIMELY MANNER.

If you are in any doubt as to the action you should take, you are recommended to seek your own financial advice immediately from your stockbroker, bank manager, solicitor, accountant or other financial adviser authorised under the Financial Services and Markets Act 2000 (if you are in the United Kingdom), or from another appropriately authorised independent financial adviser and such other professional advice from your own professional advisors as you deem necessary.

This Notice is addressed only to holders of the Notes (as defined below) and persons to whom it may otherwise be lawful to distribute it ("relevant persons"). It is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this Notice relates is available only to relevant persons and will be engaged in only with relevant persons.

If you have recently sold or otherwise transferred your entire holding(s) of Notes referred to below, you should immediately forward this document to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

THIS NOTICE DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, AN OFFER FOR SALE, EXCHANGE OR SUBSCRIPTION OF, OR A SOLICITATION OF ANY OFFER TO BUY, EXCHANGE OR SUBSCRIBE FOR, ANY SECURITIES OF THE ISSUING ENTITY OR ANY OTHER ENTITY IN ANY JURISDICTION.

GRACECHURCH CARD PROGRAMME FUNDING PLC

1 Churchill Place London

E14 5HP

(as the "Issuing Entity") NOTICE OF SUBSEQUENT OFFER

in respect of identification of a new Specified Product Line

GBP1,400,000,000 Series 13-3 Class A Floating Rate Asset-Backed Notes, ISIN: XS0992306141 ("13-3 Class A Notes") and GBP247,059,000 Series 13-3 Class D Floating Rate Asset-Backed Notes, ISIN: XS0992306224 ("13-3 Class D Notes") due 2022

GBP1,600,000,000 Series 14-2 Class A Floating Rate Asset-Backed Notes, ISIN: XS1133034923 ("14-2 Class A Notes") and GBP286,793,000 Series 14-2 Class D Floating Rate Asset-Backed Notes, ISIN: XS1133034253 ("14-2 Class D Notes") due 2022

GBP1,500,000,000 Series 15-1 Class A Floating Rate Asset-Backed Notes, ISIN: XS1321880418 ("15-1 Class A Notes") and GBP264,706,000 Series 15-1 Class D Floating Rate Asset-Backed Notes, ISIN: XS1321880509 ("15-1 Class D Notes") due 2023

(together the "Noteholders" and the "Notes", respectively)

We refer to the note trust deed dated 29 September 2011 between the Issuing Entity and The Bank of New York Mellon, acting through its London branch as note trustee (as amended and restated from time to time, the "Note Trust Deed"), including the terms and conditions of the Notes set out at Schedule 1 thereto (the "Conditions"), pursuant to which the Notes were constituted on the terms and subject to the conditions contained therein.

NOTICE IS HEREBY GIVEN by the Issuing Entity to the Noteholders in accordance with Condition 16 (Notices) that the Transferor has offered to the Receivables Trustee all present and future Accounts in respect of a new Specified Product Line by delivering a subsequent offer in respect thereof on 8 June 2022 (the "Subsequent Offer").

The Subsequent Offer identifies a new Specified Product Line. Such Specified Product Line relates to a new co- brand arrangement with Avios Group (AGL) Limited, and the name of such product lines will be:

 
 Product Line   Product Line Name 
  No. 
 90             Avios 
               ------------------ 
 91             Avios Plus 
               ------------------ 
 

(together, the "Avios Products").

Noteholders with queries concerning the content of this Notice are kindly requested to contact the Issuing Entity using the details set out below:

 
   Contact Details: 
   Issuing Entity:                              1 Churchill Place London 
                                                 E14 5HP 
                                                 Facsimile: + 44 20 7398 6325 
                                                 Attention: the Directors 
 

This Notice is given by

GRACECHURCH CARD PROGRAMME FUNDING PLC

as Issuing Entity

Dated 8 June 2022

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END

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June 08, 2022 12:12 ET (16:12 GMT)