Wm Morrison Supermarkets Limited Redemption of Notes (3695H)

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RNS Number : 3695H

Wm Morrison Supermarkets Limited

05 April 2022

Wm Morrison Supermarkets Limited

THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIES, OR MAY QUALIFY, AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (EUWA).

GBP400,000,000 4.625 per cent. Notes due 8 December 2023 issued By Wm Morrison Supermarkets Plc (the predecessor to Wm Morrison Supermarkets Limited) guaranteed by Safeway Limited, Safeway Stores Limited and Optimisation Investments Limited under the GBP3,000,000,000 Euro Medium Term Note Programme (ISIN CODE XS0717069073) (the "Notes")

5 April 2022

Intended Early Redemption and Cancellation of the Listing of the Notes

Wm Morrison Supermarkets Limited (the "Issuer") hereby announces that it has resolved to exercise its call option (the "Issuer Call Option") in respect of all the outstanding Notes issued under the GBP3,000,000,000 Euro Medium Term Note Programme at an Optional Redemption Amount to be determined pursuant to Clause 6.3 of the terms and conditions of the Notes (the "Conditions"), as supplemented by the Final Terms dated 6 December 2011 (the "Redemption"). Pursuant to the exercise of the Issuer Call Option, the Issuer intends to redeem all the outstanding Notes on 6 May 2022, which shall be the Redemption Date for the purposes of the Redemption. The Issuer will notify the holders of the Notes of the Optional Redemption Amount as soon as possible and in any event by no later than 21 April 2022. Pursuant to Condition 6.10 of the Notes, all Notes redeemed will be cancelled and, accordingly, the Issuer will request that the Financial Conduct Authority ("FCA") cancel the listing of all outstanding Notes on the Official List of the FCA on or about the Redemption Date (the "Cancellation") pursuant to LR 5.3.1 of the FCA Listing Rules.

Unless otherwise defined herein, defined terms used have the meanings given to them in the Conditions.

LEI Number (Wm Morrison Supermarkets Limited 213800IN6LSRGTZSOS29)

On 17 November 2021, Wm Morrison Supermarkets Plc was re-registered as a private limited company under the name of Wm Morrison Supermarkets Limited.

For the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") as it forms part of UK domestic law by virtue of the EUWA ("UK MAR") and Article 2 of the binding technical standards published by the Financial Conduct Authority in relation to MAR as regards Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Jonathan Burke, the Company Secretary of Wm Morrison Supermarkets Limited.

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April 05, 2022 10:48 ET (14:48 GMT)