5th Jun 2006 11:00
LGF (Jersey) Ld05 June 2006 LGF (JERSEY) LIMITED (FORMERLY HILTON GROUP FINANCE (JERSEY) LIMITED, THE "ISSUER") £300,000,000 3.375 PER CENT. CONVERTIBLE BONDS DUE 2010 (THE"CONVERTIBLE BONDS") GUARANTEED BY LADBROKES PLC (FORMERLY HILTON GROUP PLC, THE "COMPANY") ISIN XS0176102951 NOTICE REMINDING HOLDERS OF THE CONVERTIBLE BONDS (THE "BONDHOLDERS") OF OPTIONAL REDEMPTION DATE The Issuer hereby reminds Bondholders of the notice issued on 11 May, 2006 whichstated that pursuant to Condition 9(b)(i) of the terms and conditions of theConvertible Bonds, the Issuer will on 14 June, 2006 (the "Optional RedemptionDate") redeem all of the Convertible Bonds outstanding on such date at theirprincipal amount together with accrued interest up to but excluding the OptionalRedemption Date. Bondholders are reminded that conversion rights in respect of the ConvertibleBonds may be exercised at the option of the Bondholder at any time up to theclose of business in the place where the relevant Bond is delivered forconversion on 8 June, 2006. The current Exchange Price of the Convertible Bonds is 293 pence per ordinaryshare of the Company, the principal amount of Convertible Bonds outstanding on 2June, 2006 was £2,360,000 and the closing price of the ordinary shares of theCompany on 2 June, 2006 was 400 pence per ordinary share. Bondholders are reminded that (i) pursuant to Condition 6(c) of the terms andconditions of the Convertible Bonds, neither the Issuer nor the Registrar willbe required to register the transfer of any Convertible Bond during the periodof 15 calendar days immediately prior to the Optional Redemption Date referredto above; (ii) payment on redemption of the Convertible Bonds will be made tothe person(s) shown in the register of holders of the Convertible Bonds at closeof business on 5 June, 2006; and (iii) Bondholders should look to the relevantclearing system through which their Convertible Bonds are held for repayment inrespect of the Convertible Bonds. Bondholders are referred to the terms and conditions of the Convertible Bondsfor further details of the rights attaching to the Convertible Bonds. LGF (Jersey) Limited (registered number 85924) (formerly Hilton Group Finance (Jersey) Limited) Registered office: 22 Grenville Street, St Helier, Jersey. JE4 8PX. Dated 5 June, 2006 This information is provided by RNS The company news service from the London Stock Exchange ENDRelated Shares:
Ladbrokes Coral