27 March 2024
KHCB Tier 1 Sukuk
Limited
Notice of Redemption of
Certificates
NOT FOR DISTRIBUTION OR RELEASE IN OR
INTO THE UNITED STATES OF AMERICA (OR TO U.S. PERSONS), AUSTRALIA,
CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR
SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE
LAW.
NOTHING IN THIS ANNOUNCEMENT
CONSTITUTES OR CONTEMPLATES AN OFFER OF, AN OFFER TO PURCHASE OR
THE SOLICITATION OF AN OFFER TO SELL SECURITIES IN THE UNITED
STATES OR ANY OTHER JURISDICTION. THE SECURITIES REFERRED TO HEREIN
HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES
SECURITIES ACT OF 1933 (THE "SECURITIES ACT"), OR THE SECURITIES
LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED
STATES.
U.S.$159,151,000 Additional Tier 1 Capital Certificates (the
"Certificates") of KHCB Tier 1 Sukuk Limited (the
"Issuer")
Notice is hereby given to the holders
of the Certificates that, pursuant to the terms and conditions
dated 29 July 2020 (as amended) (the "Conditions"), the Issuer will exercise
its right to redeem all outstanding Certificates on 28 March 2024.
Accordingly, on 28 March 2024, all the Certificates shall, at the
option of the Certificateholders, be converted into Ordinary Shares
or redeemed. The admission of the Certificates to trading on the
International Securities Market of the London Stock Exchange plc
will be cancelled on, or shortly after, 28 March 2024.
Unless the context otherwise requires,
capitalised terms used in this Announcement and not otherwise
defined herein have the same meanings given to them in the
Conditions.
For further information, please
contact:
KHCB
Tier 1 Sukuk Limited
Walkers Fiduciary Limited
190 Elgin Avenue
George Town
Grand Cayman KY1-9008
Cayman Islands
Telephone: +1 345 814
7600
Dated: 27 March 2024
