7th Jun 2007 07:03
Cable & Wireless PLC07 June 2007 7 June 2007 Cable and Wireless plc 4 per cent. convertible bonds due 2010 Cable and Wireless plc confirms that the terms of our convertible bonds allow usto redeem them at par plus accrued interest if our share price exceeds 188.5pence for 20 out of 30 dealing days. Our share price is currently above thislevel. We announce that we will be pleased to consider offers from holders of theconvertible bonds who wish to sell their bonds back to us for cancellation.Bondholders should contact the company's broker, JPMorgan Cazenove. JPMorgan Cazenove - Convertible bonds desk Simon Smith, +44 (0) 20 7155 8111, [email protected] Tomblin, +44 (0) 20 7155 8111, [email protected] via Bloomberg JPMorgan Cazenove - Debt Capital Markets Francis Burkitt, +44 (0)20 7155 4924 Contacts: Cable and Wireless plcAshley Rayfield, Investor Relations Director, +44 (0) 20 7315 4460Mat Sheppard, Investor Relations Manager, +44 (0) 20 7315 6225 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CWC.L