Partnership Assurance Group PLC Publication of Prospectus (2374N)

TIDMPA.

RNS Number : 2374N

Partnership Assurance Group PLC

14 May 2015

Partnership publishes Prospectus relating to GBP100 million subordinated bond

Partnership Assurance Group plc ('Partnership' or 'the Company') announces that the Prospectus relating to the listing of the Company's recent issue of GBP100,000,000 9.5 per cent. Fixed Rate Guaranteed Subordinated Notes due 2025 guaranteed by Partnership Life Assurance Company Limited has been approved by the UK Listing Authority.

To view the Prospectus in full, please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/2374N_-2015-5-14.pdf

The Prospectus will be submitted to the National Storage Mechanism for inspection at www.morningstar.co.uk/uk/NSM.

It is anticipated that the Bonds will be listed on the London Stock Exchange on or around 19 May 2015.

Background

On 3 March 2015, Partnership announced the issue of GBP100,000,000 9.5 per cent. Fixed Rate Guaranteed Subordinated Notes due 2025 guaranteed by Partnership Life Assurance Company Limited (the 'Bonds') to funds managed by Cinven Capital Management, its majority shareholder. At that time, Partnership stated its intention to list the Bonds by 31 May 2015.

Enquiries

 
 Investors:                           Media: 
-----------------------------------  -------------------------------------------------- 
 Katherine Jones                      Jim Boyd                         Citigate Dewe 
  Director of Investor                 Director of Corporate            Rogerson 
  Relations                            Affairs                          Grant Ringshaw, 
  +44 (0) 207 444                      +44 (0) 207 618                  Shelly Chadda 
  8040                                 2744                             +44 (0) 207 
  katherine.jones@partnership.co.uk    pressoffice@partnership.co.uk    638 9571 
-----------------------------------  -------------------------------  -----------------

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus is not addressed. Prior to relying on the information contained in the Prospectus you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained in the Prospectus.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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