16th Dec 2013 11:00
SHIRE PLC - Notice of Redemption of Convertible Bonds due 2014SHIRE PLC - Notice of Redemption of Convertible Bonds due 2014
PR Newswire
London, December 16
Notice of Redemption of U.S.$1,100,000,000 2.75 per cent. Convertible Bonds due2014 December 16, 2013 - Shire plc (LSE: SHP, NASDAQ: SHPG) (the "Company")announces that, in accordance with the terms and conditions (the "Conditions")of its U.S.$1,100,000,000 2.75 per cent convertible bonds due 2014 (ISIN -XS0299687482) (the "Bonds"), Bonds in an aggregate principle amount ofU.S.$1,099,050,000 had been voluntarily converted into 33,806,464 ordinaryshares of the Company during the Conversion Period. The remaining outstanding Bonds in an aggregate principle amount ofU.S.$950,000 will be redeemed pursuant to the Optional Redemption Notice datedNovember 26, 2013 in which the Company announced its intention to redeem anyoutstanding Bonds on December 27, 2013. Notice is hereby given of the Company's intention, following the redemption ofthe outstanding Bonds, to cancel the listing of the Bonds on the Official Listmaintained by the UK Listing Authority and the admission to trading of theBonds on the Professional Securities Market of the London Stock Exchange onJanuary 17, 2014 (being more than 20 business days after today's date). This notification is being made in accordance with LR 5.2.8R. Words and expressions defined in the Conditions have the same meaning herein. For further information please contact: Investor Relations Eric Rojas [email protected] +1 781 482 0999 Sarah Elton-Farr [email protected] +44 1256 894157 NOTES TO EDITORS Shire enables people with life-altering conditions to lead better lives. Our strategy is to focus on developing and marketing innovative specialtymedicines to meet significant unmet patient needs. We provide treatments in Neuroscience, Rare Diseases, Gastrointestinal,Internal Medicine and Regenerative Medicine and we are developing treatmentsfor symptomatic conditions treated by specialist physicians in other targetedtherapeutic areas. www.shire.com Registered in Jersey, No. 99854, 22 Grenville Street, St Helier, Jersey JE4 8PX Press Release www.shire.com
Related Shares:
Shire