RNS Number : 7164N
Glanbia Co-operative Society Ltd
10 May 2018
10 May 2018
Glanbia Co-operative Society Limited €100,000,000 1.375 per cent.
Secured Exchangeable Bonds due 9 June 2021
exchangeable into ordinary shares of Glanbia plc
(ISIN: XS1431430740) (the "Bonds")
Capitalised terms not otherwise defined in this notice shall have the meaning given to them in the Terms and Conditions of the Bonds.
Addition to the Exchange Property
In accordance with the Terms and Conditions of the Bonds, the Society hereby gives notice to Bondholders that, as a result of the dividend of EUR0.1609 paid to ordinary shareholders of Glanbia plc on 27 April 2018, which constituted a Capital Distribution of an amount determined in accordance with the definition thereof in the Conditions, pursuant to Conditions 10(b)(iii)(B) and 10(e):
· 6,546 Glanbia plc shares were added to the Exchange Property effective 10 May 2018 and that the Exchange Property now comprises 4,307,678 Glanbia plc shares; and,
· the Exchange Property to which the holder of €100,000 principal amount of Bonds would be entitled upon exercise of the Exchange Right in respect of such Bond following such change is 4,307.678 Glanbia plc shares.
For further information contact
Glanbia Co-operative Society Limited +353 56 777 2200
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Investor contact:
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Liam Hennigan, Head of Investor Relations:
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+353 86 046 8375
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Media Contact:
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Mark Garrett, Director of Communications & Public Affairs:
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+353 86 601 9655
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This announcement has been issued through the Companies Announcement Service of Euronext Dublin.
This information is provided by RNS
The company news service from the London Stock Exchange
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