Redemption of Notes and Cancellation of Listing

Paragon Mortgages (No.26) PLC

25 July 2024

 

PM26 RIS - CONFIRMATION OF REDEMPTION OF NOTES AND CANCELLATION OF LISTING

25 July 2024

Paragon Mortgages (No.26) PLC - intended delisting of Notes from the Official List of the Financial Conduct Authority and cancellation of trading on the London Stock Exchange

1.          Paragon Mortgages (No.26) PLC hereby announces that it has resolved to request the delisting of:

Class A1 Mortgage Backed Floating Rate Notes Due May 2045

ISIN: XS1938530646

Common Code: 193853064

(the "Class A1 Notes")

Class A2 Mortgage Backed Floating Rate Notes Due May 2045

ISIN: XS1938530729

Common Code: 193853072

(the "Class A2 Notes")

Class B Mortgage Backed Floating Rate Notes Due May 2045

ISIN: XS1938531024

Common Code: 193853102

(the "Class B Notes")

Class C Mortgage Backed Floating Rate Notes Due May 2045

ISIN: XS1938531370

Common Code: 193853137

(the "Class C Notes")

Class D Mortgage Backed Floating Rate Notes Due May 2045

ISIN: XS1938531701

Common Code: 193853170

(the "Class D Notes")

Class Z Mortgage Backed Floating Rate Notes Due May 2045

ISIN: XS1938532006

Common Code: 193853200

(the "Class Z Notes")

Class S Mortgage Backed Floating Rate Notes Due May 2045

ISIN: XS1938532261

Common Code: 193853226

(the "Class S Notes"),

currently admitted to listing on the Official List of the Financial Conduct Authority and to request the cancellation of the trading of the Notes on the Main Market of the London Stock Exchange (the "LSE").

2.          The redemption of the Class A1 Notes, Class A2 Notes, Class B Notes, Class C Notes, Class D Notes, Class Z Notes and Class S Notes is due to take effect on 15 August 2024.

3.          Application has been made to the Financial Conduct Authority for all of the Notes to be removed from the Official List and to the LSE for trading of the Notes to be cancelled with effect from 22 August 2024 or such later date upon which redemption of the Class A1 Notes, Class A2 Notes, Class B Notes, Class C Notes, Class D Notes, Class Z Notes and Class S Notes has occurred.

4.          The last day of dealings in the Class A1 Notes, Class A2 Notes, Class B Notes, Class C Notes, Class D Notes, Class Z Notes and Class S Notes on the LSE is expected to be 15 August 2024.

5.          The cancellation of the listing and of trading in the Notes on the LSE is expected to take effect at or about 8:00 a.m. on 22 August 2024.

For further information please contact

Ciara Murphy

Company Secretary

Tel: [phone]

 

END