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Repurchase of Loan Notes - Correction

1st Feb 2010 13:25

RNS Number : 4604G
Private & Commercial Fin Group Plc
01 February 2010
 



Private & Commercial Finance Group plc

 

Repurchase of Loan Notes - Correction

 

Private & Commercial Finance Group plc advises that the following announcement replaces the "Repurchase of Loan Notes" announcement released at 13.19 on 27 January 2010 under RNS Number 2121G. The previous announcement incorrectly stated that the repurchase price was 77p per loan note plus interest accrued. There are no other changes to the announcement.

 

The full amended text appears below.

 

 

Private & Commercial Finance Group plc (the "Company") announces that on 27 January 2010 the Company repurchased 100,000 8% Convertible Unsecured Loan Notes 2013 of £1 each in the Company at price of 80p per loan note plus interest accrued and due to date. The loan notes purchased will be cancelled. Following the cancellation, there will be 2,415,411 8% Convertible Loan Notes 2013 in issue.

 

 

 

Enquiries:

 

Private & Commercial Finance Group plc

 

Robert Murray / Scott Maybury

020 7222 2426

 

 

Westhouse Securities Limited (Nominated Adviser)

 

Tim Feather / Matthew Johnson

0113 246 2610

 

 

Daniel Stewart & Company plc (Broker)

 

Martin Lampshire / Graham Webster

020 7776 6550

 

 

St Brides Media and Finance

 

Felicity Edwards

020 7236 1177

 

 

 

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