30th Aug 2006 08:30
BL Universal PLC30 August 2006 NOTICE OF IMPLEMENTATION to the respective holders of the outstanding debentures issued by BL Universal PLC (the Company) £100,000,000 6 3/4 per cent. First Mortgage Debenture Bonds due 2011 £200,000,000 6 3/4 per cent. First Mortgage Debenture Bonds due 2020 (together the Existing Debentures) This announcement is made in connection with the Consent Solicitation as definedin the Consent Solicitation Document dated 21 July 2006 and published by theCompany and The British Land Company PLC (the Consent Solicitation Document). NOTICE IS HEREBY GIVEN that the BLU Proposals as set out in the ConsentSolicitation Document have been implemented such that The British Land CompanyPLC has been substituted as the principal debtor in respect of the ExistingDebentures in place of the Company and that the terms and conditions of theExisting Debentures have been modified pursuant to the Extraordinary Resolutionspassed by the holders of the Existing Debentures at the relevant meetings on 21August 2006. Capitalised terms used in this Notice but not otherwise defined have the samemeanings as given to them in or pursuant to the Consent Solicitation Document. This Notice is given by BL Universal PLC. Date: 30 August 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land