ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

PHNX Phoenix Group Holdings Plc

525.50
9.50 (1.84%)
24 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Phoenix Group Holdings Plc LSE:PHNX London Ordinary Share GB00BGXQNP29 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  9.50 1.84% 525.50 525.00 526.00 528.00 510.50 513.00 6,838,505 16:29:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 22.81B -116M -0.1158 -45.38 5.26B

Phoenix Group Holdings PLC Announcement of Early Redemption

03/05/2024 11:04am

RNS Regulatory News


RNS Number : 1930N
Phoenix Group Holdings PLC
03 May 2024
 

3 May 2024 


 PHOENIX GROUP HOLDINGS PLC (the "Issuer")
£250,000,000 Fixed Rate Reset Callable Tier 2 Subordinated Notes due 2029 (ISIN: XS2012047473)
(the "Notes")

Announcement of early redemption

Phoenix Group Holdings plc (the "Issuer") today gave notice to the holders of the outstanding Notes that, pursuant to Condition 6(c) of the terms and conditions of the Notes (the "Conditions") set out in Schedule 2, Part B to the amended and restated trust deed dated 22 July 2020 (the "Trust Deed") between ReAssure Group plc, the Issuer and BNY Mellon Corporate Trustee Services Limited (as Trustee), the Issuer has exercised its option to redeem all of the outstanding Notes on their First Call Date of 13 June 2024 (the "Redemption Date") at their principal amount together with accrued and unpaid interest to (but excluding) the Redemption Date.

Payment in respect of the Notes will be made through Euroclear Bank SA/NV and Clearstream Banking, S.A., in accordance with their standard procedures.

Pursuant to Condition 6(b)(i), if on the Redemption Date a Regulatory Deficiency Redemption Deferral Event has occurred and is continuing, or would occur if such redemption were to be made on the Redemption Date, then the redemption of the Notes may have to be deferred.

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

For further information:

 

Rashmin Shah, Group Treasurer

+44 2045594196

 

Hana Harrison, Deputy Group Treasurer

+44 2045594043

 

Legal Entity Identifier (LEI) Number: 2138001P49OLAEU33T68

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUORRRSOUVRAR

1 Year Phoenix Chart

1 Year Phoenix Chart

1 Month Phoenix Chart

1 Month Phoenix Chart

Your Recent History

Delayed Upgrade Clock