THIS DOCUMENT MAY NOT BE DISTRIBUTED IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN OR TO A RESIDENT, NATIONAL OR CITIZEN OF THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN
4 June 2013
HELICAL BAR PLC
("Helical Bar" and,
together with its subsidiaries, the "Group")
HELICAL BAR LAUNCHES SEVEN YEAR 6.00% STERLING RETAIL BOND
Helical Bar plc, the property investment and development company has launched a 6.00% Sterling Bond due 2020 (the "Bonds"), available to retail investors.
Michael Slade, Chief Executive of Helical Bar plc, commented:
"We are excited to be launching our debut retail bond into a market which is growing as a result of strong private investor interest for bonds issued by companies with established track records. The launch of this bond will enable us to further diversify our funding sources and extends the debt maturity profile of the Group."
The Bonds bear interest at a fixed rate of 6.00% per annum, payable semi-annually in arrear in equal instalments. At any time during the life of the Bonds, investors are permitted to sell the Bonds (within market hours and in normal market conditions) on the open market through their stockbroker.
Numis Securities Limited is acting as Manager on this issue.
The authorised offerors are:
· Barclays Stockbrokers Limited
· Killik & Co. LLP
· NCL Investments Limited
· Redmayne Bentley LLP
· Talos Securities Limited (T/A Selftrade)
· WH Ireland Limited
The Bonds have a minimum initial subscription amount of £2,000 and are available in multiples of £100 thereafter.
The Bonds are expected to be listed on the UK Listing Authority's Official List and admitted to trading on the London Stock Exchange's regulated market and through the electronic Order Book for Retail Bonds.
-Ends-
For further information, please see Helical Bar's website: www.helical.co.uk/retailbonds
For enquiries please contact:
Helical Bar plc Mike Slade, Chief Executive Tim Murphy, Finance Director |
020 7629 0113 |
FTI Consulting Stephanie Highett Phillippa Cantrill Daniel O'Donnell |
020 7831 3113 |
Numis Securities Ltd Michael Dyson Oliver Cardigan Jamie Lillywhite |
020 7260 1000 |
Disclaimer
The offering and the distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons into whose possession this announcement or any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase. Any purchase of Bonds pursuant to any offer should only be made on the basis of the information contained in Helical Bar's prospectus dated 4 June 2013 which contains important risk factors and which can be obtained at www.helical.co.uk/retailbonds and in hard copy at the registered office of Helical Bar at 11-15 Farm Street, London W1J 5RS.
The bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Subject to certain exceptions, the bonds may not be offered, sold or delivered within the United States or to, or for the account or benefit of U.S. persons. The bonds are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act. There will be no public offering in the United States.
