Result of Meeting re. sterlin

RNS Number : 4292S

R.E.A.Hldgs PLC

09 September 2010

 



9.5 per cent guaranteed sterling notes 2015/2017 issued by REA Finance B.V.

It was announced on 12 August 2010 that REA Finance B.V. ("REAF"), a wholly owned subsidiary of R.E.A. Holdings plc ("REAH"), had convened a meeting of holders of the 9.5 per cent guaranteed sterling notes 2015/17 issued by REAF (the "sterling notes") to consider, and if thought fit approve, resolutions to effect a reorganisation of the sterling notes.

The convened meeting of the sterling noteholders was held on 9 September 2010 and all of the proposed resolutions (the "noteholder resolutions") were duly approved. Accordingly, the proposed restructuring of the security and guarantee arrangements in relation to the sterling notes and the amendments to the trust deed will now be made effective.

A copy of the noteholder resolutions has been submitted to the National Storage Mechanism, and will shortly be available shortly for inspection at www.Hemscott.com/nsm.do

 

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ROMUKRARRVAKRAR