Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Ashtead Group PLC (AHT)

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Thursday 10 August, 2017

Ashtead Group PLC

Expiration and Results of Cash Tender Offer

RNS Number : 6218N
Ashtead Group PLC
10 August 2017
 

                                                                                     

 

ASHTEAD ANNOUNCES expiration and results of

cash tender offer for any and all of its outstanding

6.50% second priority senior secured notes due 2022

 

10 August 2017 - Ashtead Group plc (LSE:AHT) ("Ashtead") announced today that the previously announced cash tender offer (the "Offer') by its indirect, wholly-owned subsidiary, Ashtead Capital, Inc. (the "Company") for any and all of its outstanding 6.50% second priority senior secured notes due 2022 (CUSIP Nos. 045054AB9 and U04344AB0) (the "Notes") in an aggregate principal amount of $900 million expired at 5:00 p.m., New York City time, on 8 August 2017 (the "Expiration Time").

 

According to information provided by Global Bondholder Services Corporation, the depositary and information agent for the Offer, $561,743,000 aggregate principal amount of Notes were validly tendered on or before the Expiration Time and not validly withdrawn, which amount excludes $10,753,000 aggregate principal amount of the Notes that remain subject to guaranteed delivery procedures.

 

The Company accepted for payment all such Notes validly tendered and not validly withdrawn in the Offer and made the payment for the Notes on 9 August 2017 (the "Payment Date"). The Company expects the payment for the Notes delivered under the guaranteed delivery procedures to occur on 11 August 2017.

 

The total consideration for each $1,000 outstanding principal amount of Notes validly tendered prior to the Expiration Time or the Guaranteed Delivery Date and accepted for purchase by the Company is $1,035.50, plus any accrued and unpaid interest on the Notes up to, but not including, the Payment Date.

 

The Company will provide an irrevocable notice to The Bank of New York Mellon, the trustee, collateral agent and paying agent of the Notes, of its intent to redeem all of the outstanding Notes that are not purchased in the Offer, in accordance with the redemption provisions of the indenture governing the Notes. The redemption date for the remaining outstanding Notes is expected to be on or around 11 September 2017.

 

The Company has retained J.P. Morgan Securities LLC to serve as dealer manager for the Offer. The Company has retained Global Bondholder Services Corporation to serve as the depositary and the information agent for the Offer. Requests for documents and questions about the Offer may be directed to Global Bondholder Services Corporation by phone at +1 212 430 3774 (Banks and Brokers) or +1 866 470 3900 (Toll-Free) or in writing at 65 Broadway - Suite 404, Attn: Corporate Actions, New York, New York 10006. Copies may also be obtained at http://www.gbsc-usa.com/Ashtead.

 

 

Enquiries:

 

Geoff Drabble, Chief Executive


Suzanne Wood, Finance Director


Will Shaw, Director of Investor Relations

+44 (0)20 7726 9700



Becky Mitchell, Maitland


Tom Eckersley, Maitland

+44 (0)20 7379 5151

 

 

 

This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell any Notes. The Offer was made only pursuant to the offer to purchase that the Company distributed to the holders of the Notes. This communication does not constitute a notice of redemption under the optional redemption provisions of the indenture governing the Notes.

 

The offer to purchase does not constitute an offer to buy or the solicitation of an offer to sell Notes in any jurisdiction in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Offer to be made by a licensed broker or dealer, the Offer shall be deemed to have been made on behalf of the Company by the dealer manager or one or more registered brokers or dealers licensed under the laws of such jurisdiction. Neither the delivery of the offer to purchase nor any purchase of Notes shall, under any circumstances, create any implication that there has been no change in Ashtead's or Ashtead's affiliates' affairs since the date of the offer to purchase, or that the information included herein is correct as of any time subsequent to the date hereof.

 

This communication is directed only to persons who (i) are persons falling within Article 19(5) ("Investment professional") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Financial Promotion Order"), (ii) are persons falling within Article 49(2)(a) to (d) ("High net worth companies, unincorporated associations, etc.") of the Financial Promotion Order, (iii) are outside the United Kingdom, (iv) are persons falling within Article 43(2) of the Financial Promotion Order ("Members and creditors of certain bodies corporate"), or (v) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any Securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons").  This communication is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons.  Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.

 


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