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Expiration-Worldpay Finance plc-Bond Solicitation

11th Oct 2017 08:00

RNS Number : 2864T
Worldpay Group PLC
11 October 2017
 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014).

This communication is for information only and does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States of America, its territories and possessions, any State of the United States of America, and the District of Columbia (the "United States") or any other jurisdiction. None of the securities referred to in this communication will be registered under the U.S. Securities Act of 1933, as amended, and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will not be accepted.

 

Expiration of Worldpay Finance plc Bond Consent Solicitation

11 October 2017

Worldpay Group plc ("Worldpay") announces that, in connection with the previously announced consent solicitation (the "Solicitation") by its wholly owned subsidiary Worldpay Finance plc (the "Company") in respect of its €500 million 3.75% senior notes due 2022 (the "Notes"), which are guaranteed by Worldpay, as of 5:00 p.m., London time, on 10 October 2017 (the "Expiration Time"), the Company had not received consents from holders of the requisite outstanding aggregate principal amount of the Notes necessary to approve the proposed waiver and amendments to certain provisions included in the indenture governing the Notes (the "Indenture") sought in the Solicitation, as described in the consent solicitation statement dated 26 September 2017 (the "Consent Solicitation Statement"). The Company sought consents in the Solicitation to, amongst other things, approve the proposed waiver and amendments to the Indenture's change of control provisions, however, implementation of the proposed waiver and amendments is not a condition to the completion of the proposed merger of Worldpay with Vantiv, Inc. and Vantiv UK Limited.

Under no circumstances shall the Solicitation constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for any Notes in any jurisdiction.

- ENDS -

 

About Worldpay Group plc

Worldpay (LSE: WPG; LEI 213800CJ5Z6YSGIIZA22) is a leader in global payments. We provide an extensive range of technology-led payment products and services to over 400,000 customers, enabling their businesses to grow and prosper. We manage the increasing complexity of the payments landscape for our customers, allowing them to accept the widest range of payment types around the world. Using our network and technology, we are able to process payments across 146 countries and 126 transaction currencies. We help our customers to accept more than 300 different payment types. http://investors.worldpay.com/. 

Cautionary Statement

This communication is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States of America or in any other jurisdiction. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.

This communication is directed only at: (a) those persons in the United Kingdom falling within the definition of Investment Professionals (contained in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order")), or within Article 43 of the Order, or other persons to whom it may lawfully be communicated in accordance with the Order; or (b) persons outside the United Kingdom (such persons collectively being "relevant persons"). Any investment activity to which this communication relates is only available to relevant persons and the transactions contemplated herein will be available only to, or engaged in only with, relevant persons, and this financial promotion must not be relied or acted upon by persons or any person to whom it may otherwise lawfully be made other than relevant persons.

Neither this communication nor the Solicitation shall be considered an "offer of securities to the public" for purposes of the Luxembourg law on prospectus for public offering dated July 10, 2005, or give rise to or require a prospectus in a European Economic Area member state which has implemented Directive 2003/71/EC (and amendments thereto).

Forward-Looking Statements

This communication may include "forward-looking statements". Forward-looking statements provide the Group's current expectations, intentions or forecasts of future events. Forward-looking statements include statements about expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not statements of historical fact. Words or phrases such as "anticipate", "believe", "continue", "ongoing", "estimate", "expect", "intend", "may", "plan", "potential", "predict", "project", "target", "seek" or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause future results to differ materially from those expected or implied by the forward-looking statements.

In addition, even if future results are consistent with the forward-looking statements contained in this communication, those results may not be indicative of results in subsequent periods.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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