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 OR REGULATIONS OF
SUCH JURISDICTION.
12 December
2024
NOTICE OF INTENTION TO DELIST FROM THE
LONDON STOCK EXCHANGE
£354,876,000 8.75 per cent. (previously
5.562 per cent.) First Mortgage Debenture Stock due 2027
(the "Stock")
issued by
XPE GROUP PLC
(the "Company")
(incorporated with limited liability in
England
and Wales with registered number 05890611)
The Company refers to the Stock (ISIN:
GB00B1DBF788) which is admitted to listing on the Official List of
the Financial Conduct Authority ("FCA") and to trading on the main market
for listed securities of the London Stock Exchange (the
"LSE").
Further to the Company's announcement of 12
December 2024 of the successful passing of the Extraordinary
Resolutions set out in the notice of meeting of stockholders dated
15 November 2024, the Company hereby gives notice that, in an
effort to streamline and simplify processes and increase
administrative efficiencies, it has been requested that the FCA
cancel the listing of the Stock on the Official List and the LSE
cancel the admission to trading of the Company's Stock on the main
market for listed securities of the LSE (the "Delisting").
In accordance with UK Listing Rule 21.2.17R,
the Company is required to give at least 20 business days' notice
of the intended Delisting. Accordingly, it is intended that the
Delisting will become effective from 8:00 a.m.
16 January 2025, such that the last date of
trading of its Stock on the LSE will be 15 January 2025.
The Delisting was approved by an Extraordinary
Resolution of the holders of the Stock on 12 December
2024.
Following the Delisting, it will no longer be
possible to trade the Stock on the LSE.
Any holder of Stock that has any questions in
relation to the Delisting is recommended to consult their own
investment adviser or broker.
Company
XPE Group PLC
c/o Pradera Lateral Limited
5th Floor
20 Fenchurch Street
London
EC3M 3BY
Email:
XPE@praderalateral.com
Attention: The
Directors
ENDS
Important
Notice
This announcement is not intended to, and does
not, constitute or form part of any offer, invitation or the
solicitation of an offer to purchase, otherwise acquire, subscribe
for, sell or otherwise dispose of, any securities whether pursuant
to this announcement or otherwise.
Overseas
jurisdictions
The distribution of this announcement in
jurisdictions outside 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 law of any such jurisdiction.
THIS NOTICE IS
IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY
DOUBT ABOUT THE ACTION YOU SHOULD TAKE, YOU SHOULD IMMEDIATELY
CONSULT YOUR STOCKBROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR
OTHER PROFESSIONAL ADVISER AUTHORISED UNDER THE FINANCIAL SERVICES
AND MARKETS ACT 2000 (IF YOU ARE IN THE UNITED KINGDOM) OR ANOTHER
APPROPRIATELY AUTHORISED INDEPENDENT FINANCIAL ADVISER (IF YOU ARE
NOT).
12 December
2024