Notice to Noteholders

RNS Number : 0492E

Shanks Group PLC

30 October 2015

 



NOTICE TO THE NOTEHOLDERS - Release of Resigning Guarantors

€100,000,000 4.23 per cent. Guaranteed Notes due 30 July 2019 (the "2019 Notes")

ISIN:  XS0949931645

Common Code: 094993164

€100,000,000 3.65 per cent. Guaranteed Notes due 16 June 2022 (the "2022 Notes")

ISIN:  XS1238024035

Common Code: 123802403

The Board of Shanks Group plc announces that, as part of a group reorganisation and pursuant to satisfying the release conditions set out in the 2019 Notes and the 2022 Notes, each of Shanks Hainaut SA, Shanks Chemical Services Limited, Shanks Environmental Services Limited, Shanks & McEwan (Environmental Services Limited) and Shanks Capital Investments Limited has been released from their obligations as guarantors of the 2019 Notes and the 2022 Notes.

For further information please contact:

Philip Griffin-Smith, Group Company Secretary: 00 44 (0)1908 650 580

About Shanks Group plc ("Shanks")

Shanks is a leading international waste-to-product business.

The Group uses a range of cost-effective sustainable technologies to make valuable products from what is thrown away. We produce green energy, recovered fuel, recycled commodities and organic fertiliser.

Shanks meets the growing need from public and private sectors to manage waste sustainably without damaging the environment. Our solutions reduce greenhouse gas emissions, recycle natural resources and limit fossil fuel dependency.

Shanks operates in three divisions that reflect our markets: Hazardous, Commercial and Municipal. It has operations in the Netherlands, Belgium, UK and Canada and employs approximately 3,500 people.

For more information, visit: www.shanksplc.com

 

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