Statement re Purchase of Mortgage Loans
13 July 2011 - 12:09AM
UK Regulatory
TIDM39VK
For Immediate Release
RNS Announcement (7 July 2011) Residential Mortgage Securities 17 plc
Residential Mortgage Securities 17 plc ("RMS17") announces that it agreed with
Investec Bank plc ("IBP") the basis on which IBP will purchase the mortgage
loans owned by RMS17 and that accordingly it intends on 7 July 2011 to issue a
notice to redeem all outstanding Notes on the next interest payment date, being
15 August 2011.
For further information, please contact Justin Jackson on +44 20 7597 2953.
THE ABOVE ANNOUNCEMENT IS A COMMUNICATION TO THE MARKET NOTHING IN THIS
ANNOUNCEMENT CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES
OR ANY OTHER JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS
OR A PROSPECTUS EQUIVALENT DOCUMENT
THIS ANNOUNCEMENT HAS BEEN DELIVERED TO YOU ON THE BASIS THAT YOU ARE A PERSON
INTO WHOSE POSSESSION THIS ANNOUNCEMENT MAY BE LAWFULLY DELIVERED IN ACCORDANCE
WITH THE LAWS OF THE JURISDICTION IN WHICH YOU ARE LOCATED AND YOU MAY NOT, NOR
ARE YOU AUTHORISED TO, DELIVER THIS ANNOUNCEMENT TO ANY OTHER PERSON. THE
DISTRIBUTION OF THIS ANNOUNCEMENT IN JURISDICTIONS OTHER THAN THE UNITED
KINGDOM MAY BE RESTRICTED BY LAW AND THEREFORE PERSONS INTO WHOSE POSSESSION
THIS ANNOUNCEMENT COMES SHOULD INFORM THEMSELVES ABOUT AND OBSERVE, SUCH
RESTRICTIONS. ANY FAILURE TO COMPLY WITH THE RESTRICTIONS MAY CONSTITUTE A
VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
END
END
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