Notice to Noteholders

RNS Number : 4051N

Grainger PLC

08 May 2018

 

GRAINGER PLC

EXCLUDED ENTITY DESIGNATION NOTICE TO THE HOLDERS OF

£350,000,000 3.375 per cent. Guaranteed Secured Notes due 2028 (ISIN: XS1790055229; Common Code: 179005522) (the Notes)

Dated: 8 MAY 2018

1.             Reference is made to the trust deed dated 24 April 2018 (the Trust Deed) constituting the Notes and made between Grainger plc (the Issuer), the various subsidiaries of Grainger plc named therein as guarantors (the Guarantors) and HSBC Corporate Trustee Company (UK) Limited (the Trustee).

2.             Terms defined in the Trust Deed shall have the same meaning in this Excluded Entity Designation Notice unless given a different meaning in this Excluded Entity Designation Notice.

3.             Pursuant to Condition 3.6 (Excluded Entities) and Condition 14 (Notices) of the Conditions, the Issuer hereby notifies the Noteholders of the designation of Grainger Unitholder 1 Limited as an Excluded Entity.

4.             The Issuer has given written notice to the Trustee of such designation on 4 May 2018 and received notice of confirmation from the Trustee on 4 May 2018.

5.             Questions regarding this Excluded Entity Designation Notice should be directed to the Company at:

Grainger plc
Citygate
St James' Boulevard
Newcastle upon Tyne
NE1 4JE

For the attention of: Mark Whitehead

This Excluded Entity Designation Notice is given by:

Grainger Plc

This announcement has been issued through the Companies Announcement Service of Euronext Dublin

 

END

 

 

ISESSSFLAFASEDI