NOTICE TO
BONDHOLDERS
WELLINGTON PUB COMPANY
PLC
(Incorporated and registered
in England & Wales with registered number
03406623)
(the
"Issuer")
GBP 160,000,000 6.735 per
cent. Class A
Secured Fixed Rate Bonds due
2029 (ISIN: XS0084965796)
and
GBP 51,000,000 7.335 per
cent. Class B
Secured Fixed Rate Bonds due
2029 (ISIN: XS0084965879)
(together, the
"Bonds")
THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST
TO THE REGISTERED AND BENEFICIAL OWNERS OF THE BONDS. IF
APPLICABLE, ALL DEPOSITORY, CUSTODIANS AND OTHER INTERMEDIARIES
RECEIVING THIS NOTICE ARE REQUIRED TO EXPEDITE TRANSMITTAL TO
BENEFICIAL OWNERS OF THE BONDS IN A TIMELY
MANNER.
If
you are in any doubt as to the action you should take, you are
recommended to seek your own financial advice immediately from your
stockbroker, bank manager, solicitor, accountant or other financial
adviser authorised under the Financial Services and Markets Act
2000 (if you are in the United Kingdom), or from another
appropriately authorised independent financial adviser and such
other professional advice from your own professional advisors as
you deem necessary.
This Notice is addressed only to holders of the Bonds (as
defined below) and persons to whom it may otherwise be lawful to
distribute it ("relevant persons"). It is directed only at relevant
persons and must not be acted on or relied on by persons who are
not relevant persons. Any investment or investment activity to
which this Notice relates is available only to relevant persons and
will be engaged in only with relevant persons.
If
you have recently sold or otherwise transferred your entire
holding(s) of any of the Bonds referred to below, you should
immediately forward this document to the purchaser or transferee or
to the stockbroker, bank or other agent through whom the sale or
transfer was effected for transmission to the purchaser or
transferee.
In
accordance with normal practice, Deutsche Trustee Company Limited
as trustee assumes no responsibility for this notice and it has not
verified, and expresses no opinion as to the contents of, this
notice, and makes no representation that all relevant information
has been disclosed, or has been disclosed accurately, to
Bondholders. Accordingly, Deutsche Trustee Company Limited as
trustee urges Bondholders who are in any doubt as to the impact of
this notice to seek their own independent legal and/or financial
advice.
IMPORTANT NOTICE TO
BONDHOLDERS
Capitalised terms used herein and
not specifically defined will bear the same meanings as in the
trust deed dated 2 March 1998 (the "Trust Deed") made between the Issuer
and Deutsche Trustee Company Limited (formerly known as Bankers
Trustee Company Limited) (the "Trustee").
Notice is hereby given to the
holders of the Bonds (the "Bondholders") that the written
resolutions set out in the notice to Bondholders dated 24 June 2024
have been passed with the consent of Bondholders representing at
least 75 per cent. of the aggregate Principal Amount Outstanding of
each of the Class A Bonds and the Class B Bonds then
outstanding.
Further notice is given that the
Deed of Amendment, Resignation and Appointment mentioned in the
notice to Bondholders has been executed. Accordingly, the modifications referred to in the Deed of
Amendment, Resignation and Appointment have been implemented with
effect on and from 2 July 2024.
Date of Notice: 03 July
2024
WELLINGTON PUB COMPANY
PLC
