Smiths Group PLC Notice of Redemption Price (7388B)
February 15 2022 - 2:02PM
UK Regulatory
TIDMSMIN
RNS Number : 7388B
Smiths Group PLC
15 February 2022
15 February 2022
Smiths Group plc (Smiths)
Notice of Redemption Price
US$400,000,000 3.625 per cent. Guaranteed Notes due 2022 fully
and unconditionally guaranteed by Smiths Group International
Holdings Limited (the Notes)
CUSIP Number ISIN number
Notes represented by Rule 144A 83238PAD6 US83238PAD69
Global Notes
Notes represented by Regulation G82401AH6 USG82401AH63
S Global Notes
On 13 January 2022, Smiths announced its intention to redeem all
of the outstanding Notes on 17 February 2022 (the Redemption Date)
pursuant to Section 4(b) (the Redemption) of the terms and
conditions of the Notes (the Conditions) as set out in Exhibit B-1
of the Fiscal and Paying Agency Agreement dated 12 October
2012.
Terms used but not defined in this notice have the meaning given
to them in the Conditions.
Smiths appointed an Independent Investment Banker to determine
the redemption price based on the Composite 3:30 p.m. Quotations
for US Government Notes published by the Federal Reserve Bank of
New York or such other United States Treasury selected by the
Independent Investment Banker as at 3:30 p.m., New York City time,
on 14 February 2022 plus 30 basis points, together with accrued and
unpaid interest.
NOTICE IS HEREBY GIVEN that the redemption price so determined
in accordance with the Conditions is $1,015.69 in respect of each
$1,000 principal amount. In addition, an amount equal to
$12.58680556 per $1,000 in respect of accrued and unpaid interest
to the Redemption Date shall be payable in respect of the
Notes.
The CUSIP and ISIN numbers in relation to the Notes being
redeemed are as set forth above. No representation is made as to
the correctness or accuracy of such numbers listed in this Notice
of Redemption Price or printed on the Notes. Reliance may be placed
only on the other identification numbers printed on the Notes.
Payment in relation to the Notes will be made in accordance with
the usual procedures of Clearstream, Luxembourg and/or Euroclear
and/or DTC. Following redemption, the Notes will be cancelled.
Enquiries:
Sacha Kenny
Group Treasury Director
+44 (0) 20 7004 1600
+44 (0) 7917 214 976
Sacha.kenny@smiths.com
Jemma Spalton
Investor Relations Director
+44 (0) 20 7004 1600
+44 (0) 7867 390 350
Jemma.spalton@smiths.com
Legal Entity Identifier: 213800MJL6IPZS3ASA11
About Smiths Group
For over 170 years, Smiths Group has been pioneering progress by
improving the world through smarter engineering. We serve millions
of people every year, to help create a safer, more efficient and
better-connected world, across four major global markets: Energy,
General Industry, Security & Defence, and Aerospace. Listed on
the London Stock Exchange, Smiths employs c.14,600 colleagues in
over 50 countries. For more information visit www.smiths.com .
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END
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