Ad hoc-Mitteilungen

Ad hoc: Travelex Issuerco 2 Plc: Right to Participate in Subsequent Tap Issues

DGAP-Ad-hoc: Travelex Issuerco 2 Plc / Key word(s): Miscellaneous Travelex Issuerco 2 Plc: Right to Participate in Subsequent Tap Issues 14-May-2021 / 16:20 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.


Travelex Issuerco 2 Plc

Right to Participate in Subsequent Tap Issues Travelex Issuerco 2 Plc 14 May 2021

Travelex Issuerco 2 Plc ("Travelex" or the "Company")

14 May 2021

Pro Rata Right to Participate in Subsequent Tap Issues of New Money Notes

We refer to the Company announcement dated 10 February 2021 (the "February Announcement") and the defined terms used therein. In the February Announcement, the Company stated that the right to subscribe for any Subsequent Tap Notes attaches to the Initial Tap Notes, being the £22,597,331 additional New Money Notes issued on 25 February 2021. However, the Company has since become aware of certain administrative and trading issues subsisting as a result of the right to participate in any Subsequent Tap Issues being linked to the Initial Tap Notes (which are otherwise fungible with the original New Money Notes).

As a result, and following consultation with the beneficial holders of the New Money Notes, the Company understands that it would be preferable to allow holders of New Money Notes to participate in any tap issues of New Money Notes on a pro rata basis, calculated by reference to all New Money Notes in issue at that time. Accordingly, holders of New Money Notes will be entitled to subscribe for any Subsequent Tap Notes pro rata to their holdings of all New Money Notes (whether issued in connection with the 2020 restructuring, the Initial Tap Notes or otherwise) at the relevant time, and the requirement to notify the Company of a trade of Tap Notes will no longer apply. The Company may, but is not required to, offer Subsequent Tap Notes to those holders whose pro rata entitlement is less than £100k, being the minimum denomination of New Money Notes.

Enquiries:

Travelex For investor related queries: Victoria.Benis-Lonsdale@travelex.com Lan.Tang@travelex.com - END -

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.


14-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de


Language: English
Company: Travelex Issuerco 2 Plc
8 Sackville Street
W1S 3DG London
United Kingdom
Phone: +44(0)7584336458
E-mail: Victoria.benis-lonsdale@travelex.com
Internet: https://www.travelex-corporate.com/
ISIN: XS2248458049, XS2248456936
WKN: A284QJ
Listed: Foreign Exchange(s) Vienna Stock Exchange
EQS News ID: 1196892
 
End of Announcement DGAP News Service

1196892  14-May-2021 CET/CEST

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