26th Apr 2006 14:00
Stagecoach Group PLC26 April 2006 NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN. 26 April STAGECOACH GROUP PLC SUBSTITUTION OF ISSUER IN RELATION TO US$ NOTES Stagecoach Transport Holdings plc ("Stagecoach Transport") and Stagecoach Groupplc ("Stagecoach Group") today announced the intention to enter into aSupplemental Indenture on or around April 27th with Deutsche Bank Trust CompanyAmericas as Trustee of the Stagecoach Transport Holdings plc 8 5/8% Notes Due2009 (the "Notes"). Following the execution of the Supplemental Indenture, Stagecoach Group andStagecoach Transport will be jointly and severally bound by the terms of theoriginal Indenture relating to the Notes. In addition to Stagecoach Groupbecoming co-obligor, the effect of the Supplemental Indenture will be tosubstitute Stagecoach Group as Issuer of the Notes for the purpose of admittingthe Notes to the Official List of the UK Listing Authority and the London StockExchange and the admission of the Notes to trading on the London StockExchange's Gilt Edged and Fixed Interest Market. The execution of the Supplemental Indenture, which has been carried out inaccordance with the terms of the US$ Notes, has no impact on the consolidatednet debt of the Stagecoach Group. Application has been made to the UK Listing Authority and to the London StockExchange, for the US$ Notes with Stagecoach Group plc as issuer to be admittedto the official list and to trading on the London Stock Exchange with effectfrom 28th April 2006. The purpose of this change of issuer for listing purposes is to remove anadministrative and cost burden on Stagecoach Transport. Publication of Prospectus The following prospectus has been approved by the UK Listing Authority and isavailable for viewing: Prospectus in relation to the substitution of Stagecoach Group plc in place ofStagecoach Transport Holdings plc as issuer in respect of USD 364,100,000 8 5/8 per cent. Fixed Rate Notes due 2009. To view the full document, please paste the following URL into the address barof your browser. http://www.rns-pdf.londonstockexchange.com/rns/0298c_-2006-4-26.pdf For further information, please contact: Contacts: Nicholas Guest, Stagecoach Group plc tel 01783 442 111Steven Stewart, Stagecoach Group plc tel 01738 442 111John Kiely, Smithfield Financial tel 020 7903 0667 DISCLAIMER - INTENDED ADDRESSEES Please note that the information contained in the Prospectus may be addressed toand/or targeted at persons who are residents of particular countries (specifiedin the Prospectus) only and is not intended for use and should not be reliedupon by any person outside these countries and/or to whom the offer contained inthe Prospectus is not addressed. Prior to relying on the information containedin the Prospectus you must ascertain from the Prospectus whether or not you arepart of the intended addressees of the information contained therein. Your right to access this service is conditional upon complying with the aboverequirement. This announcement is not an offer to sell or a solicitation of any offer to buysecurities in the United States.The Securities have not been and will not be registered under the US SecuritiesAct of 1933, as amended (the "Securities Act") or under any relevant securiteslaws of ANY state, and may not be offered or sold in the United States unlessregistered under the Securities Act or an exemption from such registration isavailable. No public offering of Securities is being made in the United States. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGC.L