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JUST Just Group Plc

103.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Just Group Plc LSE:JUST London Ordinary Share GB00BCRX1J15 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 103.00 102.40 102.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 2.24B 129M 0.1242 8.26 1.07B

Just Group PLC Redemption of Outstanding 9.375% RT1 Notes (6521M)

22/09/2021 3:04pm

UK Regulatory


Just (LSE:JUST)
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TIDMJUST

RNS Number : 6521M

Just Group PLC

22 September 2021

Just Group plc

22 September 2021

Redemption of GBP300,000,000 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 GBP295,170,000 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, GBP4,830,000 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

alistair.smith@wearejust.co.uk

Paul Kelly, Investor Relations

Telephone: +44 (0) 20 7444 8127

paul.kelly@wearejust.co.uk

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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(END) Dow Jones Newswires

September 22, 2021 10:04 ET (14:04 GMT)

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