St. Modwen confirms the redemption today of its £80.0m 6.25 per cent fixed rate Bonds due 2019 (XS0841076465), ahead of their final maturity in 2019 and in line with the calculation announced on 28 November 2018 and the redemption notice of 29 October 2018.

Following the redemption of the Bonds, the listing of the Bonds on the Official List of the Financial Conduct Authority and the admission of the Bonds to trading on the Main Market of the London Stock Exchange plc will be cancelled.

For further information, please contact:

St. Modwen Properties PLC

Rob Hudson, Chief Financial Officer
Kathryn Edwards, Interim Head of Corporate Communications
0121 222 9400

FTI Consulting 

Dido Laurimore
Tom Gough
Ellie Sweeney
020 3727 1000

This announcement is made by St. Modwen Properties PLC 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 (the “MAR”), encompassing information relating to the optional redemption of the Bonds described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Rob Hudson, Chief Financial Officer of St. Modwen.

DISCLAIMER – INTENDED ADDRESSEES

This announcement is for information purposes only and is not a prospectus and does not constitute an offer to subscribe for or buy shares, the Bonds or other securities of the Issuer (the “Securities”) in any jurisdiction. This announcement and the fact of its distribution is not and should not be seen as an inducement in relation to a decision to purchase Securities.

The contents of this announcement have been prepared by and are the sole responsibility of the Company.