DJ R.E.A. Holdings plc: Further re proposals re 7.5 per cent dollar notes 2028
R.E.A. Holdings plc (RE)
R.E.A. Holdings plc: Further re proposals re 7.5 per cent dollar notes 2028
25-Jun-2026 / 07:00 GMT/BST
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
For immediate release
25 June 2026
R.E.A. Holdings plc (the "company")
Purchase by R.E.A. Services Limited ("REA Services") of 7.5 per cent dollar notes issued by the company (the "dollar
notes") pursuant to the sale facility agreed by the company in conjunction with the extension of the redemption date
for the dollar notes from 30 June 2026 to 31 December 2028
Rollover fee to be paid by the company to those qualifying noteholders who did not elect to take advantage of the sale
facility
Introduction
In September 2025, the company announced that the holders of the dollar notes (the "noteholders") had approved the
extension of the redemption date of the dollar notes by two and a half years, from 30 June 2026 to 31 December 2028.
In conjunction with the extension of the redemption date, any qualifying noteholder (being a noteholder on the register
of noteholders at 6.00 p.m. on 3 September 2025) who wished to realise all or any part of its holding of dollar notes
on the then current redemption date of 30 June 2026 was invited to contact REA Services. The company agreed that REA
Services would then either purchase the relevant dollar notes itself or arrange the purchase thereof by a third party,
in either case at par for settlement on 30 June 2026.
On 1 June 2026, the company announced that valid elections to take up such sale facility had been received by REA
Services from qualifying noteholders in respect of an aggregate of USD7,264,218 nominal of dollar notes.
The company now confirms that REA Services is itself purchasing such dollar notes at par. In accordance with the terms
of the sale facility, the dollar notes are being purchased together with all accrued benefits and rights attached
thereto, save for the right to the interest payable in respect of the dollar notes on 30 June 2026 (which interest is
being paid to all holders of dollar notes on the register of noteholders at the close of business on the record date
for the payment of such interest in the usual manner).
The company also announces that the rollover fee being paid by the company to those qualifying noteholders who did not
elect to take advantage of the sale facility amounts to USD0.01 per USD1 nominal of dollar notes held at 6.00 pm on 3
September 2025 (or, in the case of qualifying noteholders who have elected, in accordance with the terms and conditions
attaching to the dollar notes to receive interest in sterling, translated at the rate of USD1.3216 = GBP1 per USD1 nominal of
dollar notes held at 6.00 pm on 3 September 2025).
The consideration due by REA Services in respect of the dollar notes to be purchased by it, the interest due in respect
of the dollar notes on 30 June 2026 and the rollover fee will all be paid on 30 June 2026.
Enquiries:
David Blackett Carol Gysin
Chairman Director
R.E.A. Holdings plc R.E.A. Holdings plc
Tel: 020 7436 7877 Tel: 020 7436 7877
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ISIN: GB00BD8BTXXX Category Code: FUR - . TIDM: RE LEI Code: 213800YXL94R94RYG150 Sequence No.: 433280 EQS News ID: 2353348 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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June 25, 2026 02:00 ET (06:00 GMT)
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