Final Terms Confirmation Announcement

RNS Number : 2195J
Provident Financial PLC
01 April 2015
 

Final Terms Confirmation Announcement relating to the Final Terms dated 23 March 2015

PROVIDENT FINANCIAL PLC

Issue of sterling denominated 5.125 per cent. Notes due 9 October 2023
under the £2,000,000,000
Euro Medium Term Note Programme

 

Terms used but defined herein shall be deemed to be as defined in the Final Terms of Provident Financial plc dated 23 March 2015 (the Final Terms) (which constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive) relating to the sterling denominated 5.125 per cent. Notes due 9 October 2023 (the Notes) and the Offering Circular dated 16 March 2015 (the Offering Circular) which constitutes a base prospectus for the purposes of the Prospectus Directive (Directive 2003/71/EC), as amended (the Prospectus Directive).

This announcement constitutes the Final Terms Confirmation Announcement referred to in the Final Terms and must be read in conjunction with the Offering Circular and the Final Terms.  The Offering Circular and the Final Terms are available for viewing on the website of the regulatory news service maintained by the London Stock Exchange

http://www.rns-pdf.londonstockexchange.com/rns/2195J_-2015-4-1.pdf  and

http://www.rns-pdf.londonstockexchange.com/rns/2195J_1-2015-4-1.pdf.

The Offer Period relating to the Notes expired at 10.30 a.m. (London time) on 1 April 2015 and accordingly Notes can no longer be subscribed pursuant to the offer. In accordance with Article 8(1) of Directive 2003/71/EC, as amended, the Issuer confirms the following in connection with the offer and issue of the Notes:

Aggregate Nominal Amount:

 

(a)           Series:

GBP 60,000,000

Estimated net proceeds:

GBP 59,550,000 (being the Aggregate Nominal Amount of the Notes at the Issue Price of 100 per cent. less the total fees payable to the Joint Lead Managers (and shared in part by the Joint Lead Managers with the Authorised Offerors on the basis described in the Final Terms) of 0.75 per cent. of the Aggregate Nominal Amount of the Notes).

Estimated total expenses:

GBP 452,700 (including the fees payable to the Joint Lead Managers described in estimated net proceeds above and other expenses)

 

For further information, please contact:

Ken Mullen - General Counsel and Company Secretary

Phil Shepherd - Group Treasurer

Tel: +44 (0) 1274 351 351

 

DISCLAIMER - INTENDED ADDRESSEES

The information contained in this announcement may only be released, published or distributed in the United Kingdom, Jersey, Guernsey and the Isle of Man in accordance with applicable regulatory requirements. Neither this announcement nor any copy of it may be taken or transmitted into the United States, Australia, Canada, Japan or in any other jurisdiction where it is unlawful to distribute this announcement or to a resident, national or citizen of the United States, Australia, Canada, Japan or any such other jurisdiction. The offering and the distribution of this announcement and other information in connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase, any Notes. Any purchase of Notes pursuant to the offer should only be made on the basis of the information contained in the Offering Circular together with the Final Terms, available as described above.

The Notes have not been and will not be registered under the United States Securities Act of 1933 (as amended) (the Securities Act) and, subject to certain exceptions, may not be offered or sold within the United States. The Notes are in bearer form and subject to certain U.S. tax law requirements. The Notes are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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