Urenco Finance N.V. Tender Offer indicative results (8496R)

TIDM44ZP

RNS Number : 8496R

Urenco Finance N.V.

02 July 2020

URENCO Finance N.V. Announces Indicative Results of its Tender Offer for its EUR500,000,000 2.250 per cent. Notes due 2022

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT

2 July 2020. URENCO Finance N.V. (the Company ) announces today the indicative results of its invitation to holders of its EUR500,000,000 2.250 per cent. Notes due 2022 (ISIN: XS1269854870) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer ).

The Offer was announced on 24 June 2020 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 24 June 2020 (the Tender Offer Memorandum ) prepared by the Company. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

The Expiration Deadline for the Offer was 5.00 p.m. (CET) on 1 July 2020.

As at the Expiration Deadline, the Company had received valid tenders of EUR94,975,000 in aggregate nominal amount of the Notes for purchase.

In the event the Company decides to accept valid tenders of Notes pursuant to the Offer, it expects to set the Final Acceptance Amount at EUR94,975,000 in aggregate nominal amount of Notes. On the basis of such expected Final Acceptance Amount, the Company expects to accept for purchase all Notes validly tendered pursuant to the Offer with no pro rata scaling.

Noteholders should note that this is a non-binding indication of the level at which the Company expects to set the Final Acceptance Amount.

Pricing for the Offer will take place at or around 12.00 p.m. (CET) today (the Pricing Time ). As soon as reasonably practicable after the Pricing Time, the Company will announce whether it will accept valid tenders of Notes pursuant to the Offer and, if so accepted, the Final Acceptance Amount, the Interpolated Mid-Swap Rate, the Purchase Yield, and the Purchase Price.

The expected Settlement Date for the Offer is 6 July 2020.

HSBC Bank plc (Telephone: +44 20 7992 6237; Attention: Liability Management Group; Email: LM_emea@hsbc.com) and MUFG Securities EMEA plc (Telephone: +44 20 7577 4218; Attention: Liability Management Group; Email: liability.management@mufgsecurities.com) are acting as Dealer Managers for the Offer and Lucid Issuer Services Limited (Telephone: +44 20 7704 0880; Attention: Thomas Choquet; Email: urenco@lucid-is.com) is acting as Tender Agent.

DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Company, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions.

This announcement is released by the Company and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the Offer described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Gerard Tyler, Head of Group Treasury at Urenco Limited.

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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July 02, 2020 04:39 ET (08:39 GMT)

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