8th Jun 2005 16:19
Slough Estates PLC08 June 2005 8 June 2005 Slough Estates plc Announces Results of Meetings £50,000,000 10 per cent. Bonds due 2007, £33,343,418 12.375 per cent. UnsecuredLoan Stock due 2009, £100,000,000 11.625 per cent. Bonds due 2012, £100,000,00010 per cent. Bonds due 2017 and £40,000,000 11.25 per cent. First MortgageDebenture Stock due 2019 (together, the "Existing Notes") This announcement is made as a matter of record only and should be read inconjunction with the Exchange Offer Memorandum dated 10 May 2005 (the "ExchangeOffer Memorandum") prepared by the Company in connection with the ExchangeOffers and the Proposals. Terms used in this announcement and not otherwisedefined have the meanings given to them in the Exchange Offer Memorandum. The Company hereby announces that, at the meetings of holders of the ExistingNotes held this afternoon, each of the Extraordinary Resolutions was duly passedby the requisite majority of holders of the relevant Existing Notes. The launch of the Exchange Offers and the Proposals was announced on 10 May 2005and the respective deadlines for participation in these transactions by holdersof the Existing Notes have now passed. Pricing for the Exchange Offers and the Proposals will take place tomorrow,Thursday, 9 June 2005, at or around 10.00 a.m. and as soon as reasonablypracticable after such pricing the relevant Mid-Market Benchmark Security Rates,Existing Note Prices, coupons for the New Notes, New Issue Prices and ExchangeRatios will be announced. The Company also intends to announce and give noticeof the redemption of the Existing Notes at this time, pursuant to the amendedterms and conditions of the Existing Notes. The Confirmation Date is also expected to be tomorrow, Thursday, 9 June 2005,and the Settlement Date is expected to be Monday, 20 June 2005. For further information, please contact: Trevor Mant Group Treasurer +44 1753 213 389 Dealer Managers:Barclays Capital Jeremy Froud +44 20 7773 9634The Royal Bank of Scotland Robert St John +44 20 7648 3205UBS Investment Bank Rob Ritchie +44 20 7567 3348 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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