NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION.
FOR IMMEDIATE
RELEASE
THIS NOTICE IS
IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF THE
BONDHOLDERS
If the Bondholders are in any doubt about the
contents of this notice or the action they should take they should
consult a person authorised under the Financial Services and Market
Act 2000 to advise on the Bonds such as their stockbroker,
solicitor, tax adviser, accountant or other financial
adviser.
25 September
2024
STAGECOACH GROUP LIMITED (FORMERLY KNOWN
AS STAGECOACH GROUP PLC)
(a company incorporated with limited
liability in Scotland with registered number SC100764, whose
registered office is at 10 Dunkeld Road, Perth, Perthshire PH1 5TW
(the "Issuer"))
NOTICE OF REDEMPTION
PRICE
with respect to the £400,000,000 4.00
per cent. Bonds due 2025 (the "Bonds")
Common Code: 129800224/ISIN: XS1298002244
The Issuer has provided notice pursuant to
Condition 5(c) (Redemption or
purchase at the option of the Issuer) of the terms and
conditions of the Bonds, as amended, amended and restated,
supplemented and/or otherwise modified from time to time, (the
"Conditions") to the
holders of the Bonds (the "Bondholders") that on 27 September 2024
(the "Redemption Date") the
Bonds will be redeemed at the price determined in accordance with
Condition 5(c) (Redemption or
purchase at the option of the Issuer) (the "Redemption Price") together with
accrued interest of £39.78 per each £1,000 in principal amount of
the Bonds to the Redemption Date.
Notice is hereby given by the Issuer to the
Bondholders that on 25 September 2024 National Westminster Bank plc
(as financial adviser appointed by the Issuer and approved by the
Trustee) has determined, pursuant to Condition 5(c) (Redemption or purchase at the option of the
Issuer), the Redemption Price to be £1,000.00 per £1,000 in
principal amount of the Bonds.
Terms not otherwise defined herein shall have
the meaning given to them in the trust deed dated 29 September 2015
between, among others, the Issuer and HSBC Corporate Trustee
Company (UK) Limited (the "Trustee") (as amended, amended and
restated, supplemented and/or otherwise modified from time to time,
the "Trust Deed"), copies
of which are available for inspection at the specified offices of
the Principal Paying Agent.
Enquiries:
Bruce Dingwall, Chief Financial Officer; +44
7917 555293
Katrina Leese, Head of Treasury; +44 7711
500351
