Notice
March 09 2009 - 11:57AM
UK Regulatory
TIDM36PU
RNS Number : 5630O
E.L.A.N. Ld
09 March 2009
THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
E.L.A.N. Limited
(the "Issuer")
Whiteley Chambers
Don Street
St Helier
Jersey
JE4 9WG
NOTICE
In respect of the:
Series 2003-10 USD 35,000,000 Secured 6.0 per cent. Callable Notes due July 2032
(ISIN: XS0166636380) (the "Notes")
Capitalised terms used herein and not defined shall have the same meaning as set
out in the Deed of Amendment dated 12 March, 2008 relating to the Notes (the
"Deed of Amendment").
In accordance with paragraph 2 of the Deed of Amendment, the Issuer is
exercising its Issuer Repurchase Option. The Issuer has agreed to purchase USD
75,000 of the Notes; such Notes will be cancelled and a face amount of
Collateral which is proportional to USD 75,000 of the Notes will be liquidated
and a pro rata portion of each Relevant Agreement (if any) will be terminated.
Following this exercise of the Issuer Repurchase Option, the Principal Amount
Outstanding of the Notes will be USD 8,586,000.
This Notice shall be governed by, and shall be construed in accordance with,
English law.
For further information please contact:
Peter Longstaffe
Ogier
Whiteley Chambers
Don Street
St Helier
Jersey
JE4 9WG
Tel: + 44 (0) 1534 504000
Fax: + 44 (0) 1534 504444
This announcement has been issued through the Companies Announcement Service of
The Irish Stock Exchange
This information is provided by RNS
The company news service from the London Stock Exchange
END
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