24 May 2019
BOPARAN HOLDINGS LIMITED ANNOUNCES DELISTING OF ITS NOTES FROM THE LUXEMBOURG STOCK EXCHANGE
Boparan Holdings Limited (the “Company” or “BHL”) announced that its wholly-owned subsidiary, Boparan Finance plc has applied to the Luxembourg Stock Exchange to delist the below notes (the “Notes”) from the Official List and from trading on the Euro MTF Market of the Luxembourg Stock Exchange. The delisting will be effective as of 27th May 2019.
5.25% Senior Notes due 2019 (ISIN: XS1082473551/ XS1082472157 (144A/Reg S))
5.50% Senior Notes due 2021 (ISIN: XS1082473718/ XS1082472587 (144A/Reg S))
4.375% Senior Notes due 2021 (ISIN: XS1082474286/ XS1082473395 (144A/Reg S))
Effective as of 22nd May 2019, these Notes are now held and traded on The International Stock Exchange (“TISE”), an internationally recognised stock exchange, being recognised by the UK government in 2013 and the World Federation of Exchanges in 2015.
The Company has decided to relocate the listing to TISE as the Luxembourg Stock Exchange was more ordinarily used by listed companies in equity and not debt markets, and TISE aligns more naturally with the high yield debt sector in which the company currently operates. BHL joins many other recognisable highly leveraged private companies who are also listed on TISE, increasingly seen as an exchange of choice for such instruments.
Please go to the Investor Relations section of the corporate website: http://www.2sfg.com/investors/latest-news/announcements/
About Boparan Holdings:
Boparan Holdings is the parent company for 2 Sisters Food Group with headquarters in Birmingham. We are a leading food manufacturer with strong market positions in Protein, Chilled, Bakery and Frozen categories. We focus on delivering the highest quality products to our customers at the lowest cost.
This announcement contains forward-looking statements in relation to Boparan Holdings Limited (the “Company”) and its subsidiaries. By its very nature, forward-looking information requires the Company to make assumptions that may not materialise or that may not be accurate. Forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.