TIDM37PB

RNS Number : 1390G

J.P. Morgan Securities PLC.

19 July 2019

19 July 2019

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Pension Insurance Corporation plc

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement 18 July 2019, J.P. Morgan Securities plc, (contact: Emma Lovett 0207 134 2468) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

 
 Issuer:                      Pension Insurance Corporation plc 
 Guarantor (if any):          N/A 
                             ------------------------------------------------- 
 Aggregate nominal            GBP 450,000,000 
  amount: 
                             ------------------------------------------------- 
 Description:                 Fixed Rate Reset Perpetual Non-Call 10yr 
                               Restricted Tier 1 Contingent Convertible 
                               Reg S only Notes 
                               Listing: Euronext Dublin 
                             ------------------------------------------------- 
 Stabilisation Manager(s):    J.P. Morgan Cazenove (Stabilisation coordinator) 
                               HSBC (Stabilisation coordinator) 
                               NatWest Markets (Stabilisation coordinator) 
                             ------------------------------------------------- 
 Offer price:                 100% 
                             -------------------------------------------------

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States

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.

END

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July 19, 2019 05:58 ET (09:58 GMT)

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