TIDMRSAB

RNS Number : 8876D

RSA Insurance Group Limited

07 March 2022

FOR IMMEDIATE RELEASE

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018

NOTICE TO NOTEHOLDERS

RSA INSURANCE GROUP LIMITED

(a limited liability company incorporated in England and Wales)

Notice of redemption to the holders of the DKK 650,000,000 Floating Rate Perpetual Restricted Tier 1 Contingent Convertible Notes (ISIN: XS1584997891; Common Code: 158499789) (the "Notes")

London, UK: 7 March 2022 .

RSA Insurance Group Limited (formerly RSA Insurance Group plc, the "Issuer") hereby gives notice of redemption to the holders of the Notes.

Pursuant to Condition 8.6 (Redemption at the option of the Issuer) of the terms and conditions of the Notes (the "Conditions"), the Issuer is exercising its option to redeem all of the outstanding Notes on the First Call Date.

The Notes will be redeemed at their principal amount together with accrued and unpaid interest up to (but excluding) the First Call Date.

Terms used but not defined in this announcement shall have the meanings given to them in the Conditions.

For further information, holders of the Notes should contact:

Intact Financial Corporation

 
 Shubha Khan, Vice President, Investor Relations    +1 416 341 1464 
 Maida Sit, Director, Investor Relations            +1 647 216 6444

RSA Insurance Group Limited

 
 Alexander Jones , Head of External Communications   Tel: +44 (0) 7769 
                                                      287291

This announcement is released by RSA Insurance Group Limited and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"), encompassing information relating to the Notes. For the purposes of UK MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, this announcement is made by Jonathan Cope, General Counsel & Company Secretary of the Issuer.

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END

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March 07, 2022 08:15 ET (13:15 GMT)

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