Notice to Noteholders

Molineux RMBS 2016-1 PLC

29 August 2024

 

RNS NOTICE

(the "Notice")

MOLINEUX RMBS 2016-1 PLC

C/O Intertrust, 1 Bartholomew Lane, London, England, EC2N 2AX

To:                                                                                                                 29 August 2024

RNS

London Stock Exchange plc

MOLINEUX RMBS 2016-1 PLC

Class A1 Mortgage-Backed Floating Rate Notes due March 2063 (ISIN: XS1379584227) Class A2 Mortgage-Backed Floating Rate Notes due March 2063 (ISIN: XS1379585034) Class B Mortgage-Backed Floating Rate Notes due March 2063 (ISIN: XS1379585380) Class C Mortgage-Backed Floating Rate Notes due March 2063 (ISIN: XS1379586198) Class D Mortgage-Backed Floating Rate Notes due March 2063 (ISIN: XS1379586602) Class Z Mortgage-Backed Floating Rate Notes due March 2063 (ISIN: XS1379586784) (the "Notes")

Dear Sirs, Madams

Capitalised terms used but not defined in this Notice shall have the meanings ascribed to them in the terms and conditions of the Notes contained in the trust deed dated 30 March 2016 and entered into between Molineux RMBS 2016-1 Plc (the "Issuer") and Deutsche Bank AG, London Branch (the "Trustee").

Notice is hereby provided by the Issuer that, in accordance with the terms of a mortgage loan repurchase agreement entered into by the Issuer and Bank of Scotland Plc on 29 August 2024, the Issuer has sold all Mortgage Loans in the Mortgage Portfolio to Bank of Scotland Plc. The Issuer has also entered into a deed of release and termination dated 29 August 2024, pursuant to which it has agreed to redeem the Notes in full on 18 September 2024 (the "Deed of Release and Termination").

Yours sincerely

MOLINEUX RMBS 2016-1 PLC

Contact: The Directors                                                                Telephone: [phone]

GBR01/116811825_2                                                                                                                                                                     1

 

END