Results of Consent Solicitation (7550J)
July 04 2011 - 1:14PM
UK Regulatory
TIDM61RH
RNS Number : 7550J
Notting Hill Housing Trust
04 July 2011
** Notting Hill Housing Trust Announces Results of Consent
Solicitation **
Notting Hill Housing Trust (the "Issuer") has today announced
the results of its invitation to holders of its outstanding GBP180m
5.25% secured bonds due 2042 (the "Bonds") (XS0523335395) to
approve, by Extraordinary Resolution, a proposal (the "Proposal")
to amend the specified minimum denomination of the Bonds from
GBP50,000 to GBP100,000 (and increments of GBP1,000 thereafter), as
more fully described in the Consent Solicitation Memorandum dated
10 June 2011.
The Proposal was considered and duly passed at a meeting of
holders of the Bonds held on 4 July 2011. Accordingly, the
modifications referred to in the Extraordinary Resolution will be
implemented with effect on and from 6 July 2011.
On 6 July 2011, the Issuer will pay to each holder from whom a
valid Electronic Voting Instruction was received by the Tabulation
Agent before 5pm (London) on 24 June 2011 (and not revoked) an
amount equal to GBP0.50 for each GBP1,000 in principal amount.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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