Litigation

Meridian Hospital Company PLC

22 December 2025

 

Meridian Hospital Company PLC

£91,200,000 4³/₁₆ PER CENT. SECURED INDEXED-LINKED BONDS DUE 2028 (the "Bonds")

(ISIN: XS0088950075)

RNS Announcement

Notice of Dispute arising at Queen Elizabeth Hospital, Greenwich

On Friday 19^th December 2025, Lewisham and Greenwich NHS Trust (the "Trust") issued a letter Notifying of a Dispute arising from fire safety defects at the Hospital to Meridian Hospital Company PLC (the "Company").  The Board at Meridian Hospital Company PLC will investigate the claim in the hopes of reach a resolution.

This notice does not constitute a Trigger Event under the Bond Trust Deed between M&G Trustee Company Limited and the Company and the associated withholding will not have a material impact on the Company or its ability to service the debt due on 31^st December 2025.

Enquiries

Company Secretary

Claire Jerome

For and on behalf of

Vercity Social Infrastructure (UK) Limited

8 White Oak Square

London Road

Swanley

BR8 7AG

Important information 

This announcement is not a prospectus, is distributed for information purposes only and does not constitute or form part of any offer or invitation to issue, acquire or dispose of any securities in any jurisdiction. Nothing in this document is intended to amount to an invitation or inducement to engage in investment activity. Nothing in this document amounts to the giving of advice. If you are in any doubt as to the action you should take, you should consult a professional adviser. 

M&G reserves all of the rights, powers, claims and remedies available to it under the Transaction Documents and applicable law. No delay or forbearance by M&G to exercise any right or remedy accruing under the terms of the Transaction Documents, other documentation relating thereto or under applicable law, shall impair any such right or remedy or constitute a waiver thereof or an acquiescence therein. Please note that this notice is not intended and should not be construed as investment, accounting, financial, legal, tax, or other advice by or on behalf of the Trustee, or its directors, officers, affiliates, attorneys, or employees. Each person or entity receiving this notice should seek the advice of its own advisors in respect of the matters set forth herein.

 

END