SOURCE: Land Securities Group PLC

February 22, 2016 11:46 ET

Land Securities Group PLC - Notice of Redemption

LONDON, UNITED KINGDOM--(Marketwired - Feb 22, 2016) - Land Securities Group PLC (LSE: LAND) (OTC PINK: LSGOF) confirms that the following company announcement has been made to the Irish Stock Exchange earlier today by its wholly owned subsidiary Land Securities Capital Markets PLC:

Land Securities Capital Markets PLC (the "Issuer")
to the holders of the:
£400,000,000 Class A8 4.875 per cent. Notes due 7 November 2019
(ISIN: XS0233780609)
presently outstanding
(the "Noteholders" and the "Notes", respectively)

NOTICE is hereby given by the Issuer to the Noteholders that in accordance with Condition 8(b) of the terms and conditions of the Notes (the "Conditions"), the Issuer will redeem all of the Notes at a Redemption Amount of £1,065.53 per £1,000 in Principal Amount, together with any accrued but unpaid interest on the Note Payment Date falling on 29 March 2016.

With effect from the date of such redemption, the Notes will be delisted from the Irish Stock Exchange

All terms used in this notice and not otherwise defined shall have the meanings given to them in the Conditions.

This notice is given by:

Land Securities Capital Markets PLC Date:22 February 2016
5 Strand  
WC2N 5AF'  

Contact Information

  • Tim Ashby
    Group General Counsel and Company Secretary
    0207 024 5256