DGAP-Ad-hoc: Travelex Issuerco 2 Plc / Key word(s): Miscellaneous
Travelex Issuerco 2 Plc: Right to Participate in Subsequent Tap Issues
14-May-2021 / 16:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Travelex Issuerco 2 Plc
Right to Participate in Subsequent Tap Issues
Travelex Issuerco 2 Plc
14 May 2021
Travelex Issuerco 2 Plc ("Travelex" or the "Company")
14 May 2021
Pro Rata Right to Participate in Subsequent Tap Issues of New Money Notes
We refer to the Company announcement dated 10 February 2021 (the "February Announcement") and the defined terms used
therein. In the February Announcement, the Company stated that the right to subscribe for any Subsequent Tap Notes
attaches to the Initial Tap Notes, being the GBP22,597,331 additional New Money Notes issued on 25 February 2021.
However, the Company has since become aware of certain administrative and trading issues subsisting as a result of the
right to participate in any Subsequent Tap Issues being linked to the Initial Tap Notes (which are otherwise fungible
with the original New Money Notes).
As a result, and following consultation with the beneficial holders of the New Money Notes, the Company understands
that it would be preferable to allow holders of New Money Notes to participate in any tap issues of New Money Notes on
a pro rata basis, calculated by reference to all New Money Notes in issue at that time. Accordingly, holders of New
Money Notes will be entitled to subscribe for any Subsequent Tap Notes pro rata to their holdings of all New Money
Notes (whether issued in connection with the 2020 restructuring, the Initial Tap Notes or otherwise) at the relevant
time, and the requirement to notify the Company of a trade of Tap Notes will no longer apply. The Company may, but is
not required to, offer Subsequent Tap Notes to those holders whose pro rata entitlement is less than GBP100k, being the
minimum denomination of New Money Notes.
Enquiries:
Travelex
For investor related queries:
Victoria.Benis-Lonsdale@travelex.com
Lan.Tang@travelex.com
- END -
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14-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and
Press Releases.
Archive at www.dgap.de
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Language: English
Company: Travelex Issuerco 2 Plc
8 Sackville Street
W1S 3DG London
United Kingdom
Phone: +44(0)7584336458
E-mail: Victoria.benis-lonsdale@travelex.com
Internet: https://www.travelex-corporate.com/
ISIN: XS2248458049, XS2248456936
WKN: A284QJ
Listed: Foreign Exchange(s) Vienna Stock Exchange
EQS News ID: 1196892
End of Announcement DGAP News Service
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1196892 14-May-2021 CET/CEST
Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1196892&application_name=news
(END) Dow Jones Newswires
May 14, 2021 10:20 ET (14:20 GMT)