FKI plc - Results of the Bond

RNS Number : 9686D

Melrose PLC

22 September 2008

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES OR THE REPUBLIC OF ITALY

22 September 2008

NOTICE

To the holders of the

EUR600,000,000 6.625 per cent. Guaranteed Bonds due 2010 (the "Bonds")

issued by FKI plc (the "Issuer")

Announcement of the Results of the Meeting of Bondholders on the Extraordinary Resolution and the proposed Pricing Date

This announcement is made in respect of the Offer and the Proposal set out in the Tender Offer Memorandum dated 29 August 2008 relating to the Bonds (the "Memorandum"). Terms and expressions defined in the Memorandum have the same meaning in this announcement.

The Issuer is pleased to announce that EUR404,349,000 in aggregate principal amount (or 67.39 per cent.) of the Bonds were validly tendered, which the Issuer hereby accepts for repurchase. The Issuer confirms that the pricing in respect of the Offer is scheduled to occur at or around 11 a.m. (London time) on 23 September 2008 

Notice is also given to the holders of the Bonds that, at the Meeting of such Bondholders held at the offices of Allen & Overy LLP at One Bishops Square, London E1 6AD on 22 September 2008 at 11.00 a.m. (London time), the Extraordinary Resolution (the form of which was as set out in the Notice of Meeting previously notified to holders of the Bonds) was not approved. As a result the Ineligible Bondholder Early Submission Amount will not be paid to Ineligible Bondholders who submitted Ineligible Bondholder Instructions in favour of the Proposal by the Early Tender Deadline. 

Important Notice

No offer or invitation to purchase any Bonds or proposals to Bondholders is being made pursuant to this notice. A copy of the Memorandum is available at the offices of each of Barclays Bank plc at 5 The North Colonnade, Canary Wharf, London E14 4BB, HSBC Bank plc at 8 Canada Square, London, E14 5HQ and The Royal Bank of Scotland plc at 135 Bishopsgate, London EC2M 3UR as Dealer Managers and The Bank of New York Mellon as the Tender Agent at One Canada Square, London, E14 5AL. Copies of the Memorandum and Notice of Meeting are also available for inspection at the Document Viewing Facility of the Financial Services Authority, 25 The North Colonnade, London E14 5HS.

M:Communications

James Hill    [phone]

 

END

 

 

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