First Sentinel Plc - Redemption and cancellation of 400,000 Euronext Bonds
PR Newswire
London, July 13
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This announcement does not constitute a prospectus or offering memorandum or an offer in relation to any securities of First Sentinel Plc or of any other entity and should not be considered as a recommendation that any person should subscribe for or purchase any such securities.
This announcement contains inside information for the purposes of the Market Abuse Regulation (EU No. 596/2014) ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain and shall therefore cease to be inside information.
13 July 2021
First Sentinel Plc
("First Sentinel" or the "Company")
Redemption and cancellation of400,000 Euronext 7.5% Secured Bonds
Redemption of Euronext Bonds
The Company announced on 27 June 2019 that it intended to issue up to £7,000,000 sterling denominated 7.5% Secured Bonds due 31 May 2024, to be admitted to trading on the global exchange market operated by the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Bonds").
First Sentinel announces that it has redeemed and cancelled 400,000 Euronext Bonds. The redemption price, comprising the principal amount and accrued interest, has been repaid to investors in full. Following the cancellation of those bonds, there are now 2,702,802 Euronext Bonds outstanding.
About First Sentinel
First Sentinel PLC provides debt financing solutions for small to medium-sized businesses primarily through its supply chain finance and invoice purchasing activities. First Sentinel also invests in a range of secured and unsecured debt instruments in private and public companies.
The Company's website is www.first-sentinel.com
For further corporate information, please contact:
Mr. Brian Stockbridge
CEO, First Sentinel Plc
Tel: + 44 (0) 7876 888 011
AQSE Corporate Advisor, Beaumont Cornish Limited
James Biddle / Roland Cornish
Tel: +44(0)20 7628 3396
