7th Mar 2006 08:02
Great Portland Estates PLC07 March 2006 For immediate release7 March 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES GREAT PORTLAND ESTATES plc7.25% First Mortgage Debenture Stock due 2027 Following market purchases made yesterday, the total amount repurchased sincethe company's announcement on 1 March 2006 is now £62,399,515 nominal, or 66% ofthe stock outstanding at the time of that announcement. £32,066,060 nominal nowremains outstanding. As announced on 1 March 2006, until close of business today, the company willrespond to offers from holders of the stock who wish to sell their stock back tothe company, for cancellation, at a price that gives a spread of 0.375% over the6% Treasury Stock 2028 at the time of trade. Stockholders should contact thecompany's broker, JPMorgan Cazenove (details below). Contact: Great Portland Estates plc:Timon Drakesmith, Finance Director020 7647 3034 JPMorgan Cazenove:Francis Burkitt/Tim Waters/David Varney/Will Beausire020 7588 2828 The communication of this press release is only being made to those persons inthe United Kingdom who fall within Article 43(2) of the Financial Services andMarkets Act 2000 (Financial Promotions) Order 2005 or any other persons to whomit may otherwise lawfully be made under that Order. Copies of this press release are not being, and must not be, mailed or otherwiseforwarded, distributed or sent in or into or from the United States, and personsreceiving this press release (including custodians, nominees and trustees) mustnot mail or otherwise forward, distribute or send it into or from the UnitedStates. Great Portland Estates plc does not intend to consider offers of stockmade by persons in the United States. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
GPOR.L