UK Mortgages Ltd Results of May Tender Offer Elections

 
TIDMUKML 
 
THE INFORMATION IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR PUBLICATION, 
RELEASE OR DISTRIBUTION (IN WHOLE OR IN PART) DIRECTLY OR INDIRECTLY IN OR INTO 
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE 
RELEVANT LAWS OF THAT JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE A 
TAKEOVER OFFER OR AN OFFER OF SECURITIES. 
 
Capitalised terms used in this Announcement, unless otherwise defined, have the 
same meanings as set out in the Circular. 
 
22 June 2021 
 
                             UK MORTGAGES LIMITED 
 
 (a closed-ended investment company incorporated in Guernsey with registration 
                    number 60440) LEI 549300388LT7VTHCIT59 
 
                     Results of May Tender Offer Elections 
 
Results of the May Tender Offer 
 
The Company announces that a total of 81,143,530 Shares, being 39.5% of the 
Company's Shares in issue as at the May Tender Offer Record Date (being 6.00 
p.m. on 21 June 2021), were validly tendered under the May Tender Offer. As a 
result, the May Tender Offer was oversubscribed. The Basic Entitlement of all 
Shareholders who have validly tendered their Shares will be accepted in full 
and excess tenders will be satisfied to the extent of approximately 19.1% of 
the excess Shares tendered. 
 
A total of 26,666,666 Shares will be repurchased by the Company under the May 
Tender Offer and cancelled. 
 
Following the implementation of this tender, the Company will have 178,799,556 
Shares in issue. Accordingly, the total number of Shares with voting rights in 
the Company will be 178,799,556 and this figure may be used by Shareholders as 
the denominator for the calculations by which they will determine if they are 
required to notify their interest in, or a change to their interest in, the 
Company under the Disclosure Guidance and Transparency Rules. 
 
Expected Timetable 
 
Cheques dispatched and payments                                29 June 2021 
through CREST made and CREST accounts 
settled 
 
 
Balancing share certificates                    Week beginning 29 June 2021 
despatched 
 
 
Notes: 
1. References to times above generally are to London time unless otherwise 
specified. 
2. All times and dates in the expected timetable and in the Circular may be 
adjusted by the Company. Any changes to the timetable will be notified via an 
RIS 
 
 
 
Enquiries: 
UK Mortgages Limited 
Christopher Waldron (Chairman)               020 7260 1000 
 
 
Numis Securities Limited, Financial Adviser and Corporate Broker 
Hugh Jonathan                                           020 7260 1000 
Nathan Brown 
 
 
 
END

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June 22, 2021 04:00 ET (08:00 GMT)

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