Land Securities Group Plc
09 September 2005
RNS Announcement for release on 9 September 2005
Tops Estates PLC £75,000,000 10 1/4 % First Mortgage Debenture Stock 2011/16
(the 'Stock')
Following its proposal to Stockholders announced on 12 August 2005, and the
meeting of Stockholders on 5 September 2005, Tops Estates PLC, a wholly owned
subsidiary of Land Securities Group PLC, announces that the Redemption
Resolution was duly passed at the meeting and, accordingly, all the Stock is
being redeemed today, being the Early Redemption Date.
The Redemption Price is £1,284.00 per £1,000 nominal amount of Stock; Accrued
Interest is £19.22 per £1,000 nominal amount of Stock.
The proposals were made upon the terms and subject to the conditions contained
in the Explanatory Memorandum dated 12 August 2005 and terms used herein and not
otherwise defined have the meanings ascribed to them in the Explanatory
Memorandum.
Citigroup Global Markets Limited was the sole Co-ordinator.
For further information please contact the Liability Management Group:
+44-207-986-8969
9 September 2005
Tops Estates PLC
Land Securities Group PLC
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The company news service from the London Stock Exchange
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