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Trainline PLC (TRN)

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Monday 07 February, 2022

Trainline PLC

Notification of repurchase of convertible bonds

RNS Number : 8064A
Trainline PLC
07 February 2022
 

 

Trainline plc

 

Notification of Repurchase of Convertible Bonds

 

7 February 2022

 

Trainline plc (the "Company") announces that it has repurchased £6.6 million in aggregate principal amount of the £150 million of senior unsecured Convertible Bonds due 2026 (the "Bonds").

 

Following this purchase £114.8 million in aggregate principal amount of the Bonds remain outstanding. The Company may look to make further repurchases from time to time, subject to market conditions.

 

The Bonds which have been repurchased will be surrendered by the Company for cancellation.

 

This notification complies with LR 12.5.2. in relation to the aggregate repurchase of 23.5% of the principal amount of the Bonds initially issued. Further announcements will be made in accordance with the Listing Rules in the event that more Bonds are repurchased.

 

This notification does not constitute or form part of an offer to sell or purchase, or a solicitation of an offer to sell or purchase, the Bonds or any other securities.

 

Enquiries

For investor enquiries, Andrew Gillian  [email protected]  

For media enquiries, Jennifer Painter                          [email protected]  

 

Brunswick Group

Simone Selzer      + 44 207 404 5959 / [email protected]

 

About Trainline

Trainline ( www.trainline.com ) is the leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one-stop shop for rail and coach travel bringing together millions of routes, fares and journey times from rail and coach carriers across Europe.

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