Early closure of Offer Period relating to the Bond

RNS Number : 8357R

Stobart Group Limited

22 November 2012

 



The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, Guernsey and the Isle of Man. The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, Republic of Ireland or in any other jurisdiction where it is unlawful to distribute this document. The bonds may only be sold in Jersey in compliance with the provisions of the Control of Borrowing (Jersey) Order 1958.

22 November 2012

Stobart Group Limited ("Stobart" or "the Group")

Issue of Sterling 5.5 per cent. Senior Notes due 2018 (the "Bonds")

Early closure of Offer Period relating to the Bonds.

Terms used herein shall have the meaning given to them in the Prospectus dated 12 November 2012 (the "Prospectus") relating to the Bonds.

In accordance with the terms and conditions of the offer set out in the Prospectus, the Issuer hereby announces that the Offer Period relating to the Bonds, which commenced on 13 November 2012 and which was originally scheduled to close at 12 noon (London time) on 27 November 2012 will close early at 4pm (London time) on 23 November 2012.  

-     ends -

Enquiries:

On behalf of Stobart:

James Andrew           

Influence                                              07545 505 058 or [e-mail] 

David Bick

Square1 Consulting                            0207 929 5599 or [e-mail] 

About Stobart

Stobart is listed on the London Stock Exchange in the FTSE 250 (LSE:STOB). With over 6,600 employees operating from more than 50 sites across the UK and Europe, Stobart is a UK front-runner in the multimodal logistics, warehousing, civil engineering, rail infrastructure and biomass fuel sectors. At the core of the Group is the Transport and Distribution division, incorporating Eddie Stobart - the iconic name behind a huge road haulage fleet totalling some 2,500 vehicles, over 4,000 trailers and over seven million square feet of warehousing. Stobart Estates, Stobart Infrastructure and Civils, Stobart Air and Stobart Biomass divisions complete the Group's business structure.  See: www.stobartgroup.com 

Notes to Editors:

·     The bonds may not be suitable for all investors. Investors should ensure they fully understand the risks and seek independent financial advice.

·     Investors should note that the price of the bonds can rise and fall during the life of the investment and the price of the bonds could fall below the issue price of £100.

·     In the event that Stobart Group Limited defaults or becomes insolvent, investors may lose some or all of their investment.

Disclaimer

This announcement is not a prospectus for the purposes of EU Directive 2003/71/EC, as amended (the "Directive"), and/or Part VI of the Financial Services and Markets Act 2000. Investors should not subscribe for any bonds referred to in this announcement except on the basis of information in the Prospectus. Full information on Stobart and the offer of the bonds is only available on the basis of the combination of the Prospectus to be published in respect to the bonds and Sizing Announcement. Investors may obtain copies of the Prospectus and the Sizing Announcement (once published) on the website of the Regulatory News Services operated by the London Stock Exchange.

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 this announcement or 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 purchase of bonds pursuant to the offer should only be made on the basis of the information contained in the Prospectus, available as described above.

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

 

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