Notice
of Stockholder Meeting
XPE
GROUP PLC
Released 15 November
2024
XPE Group
PLC
15 November
2024
XPE Group
PLC
Notice of
Meeting
XPE GROUP
PLC
LEI: 213800UX3TM5RGB1UF29
£354,876,000 8.75 per
cent. First Mortgage Debenture Stock 2027
INTU DEBENTURE PLC (THE
"COMPANY")
ANNOUNCES PUBLICATION OF NOTICE OF MEETING OF
STOCKHOLDERS
15 November
2024
Notice of
Meeting
XPE Group PLC has, in
accordance with the terms of the Trust Deed, convened a meeting of
the Stockholders to consider those matters set out in the Notice of
Meeting of Stockholders (the "Meeting")
at which the Stockholders will be asked to approve two
Extraordinary Resolutions regarding a change to the Trustee,
Registrar and Paying Agent and proposed amendments to the Trust
Deed, amongst other matters, each such matter more fully set out in
the notice of meeting dated 15 November 2024 (the
"Notice
of Meeting"). The Meeting is to be
held on 12 December 2024 virtually by way of videoconference at
10.00am (London time).
Stockholders should
refer to the Notice of Meeting for further details in connection
with participating in the Meeting and/or voting in respect of the
Extraordinary Resolutions.
The Notice of Meeting
(which sets out the Extraordinary Resolutions being proposed to the
Stockholders, the background to those Extraordinary Resolutions and
details the terms of the Initial Supplemental Trust Deed and
Further Supplemental Trust Deed (each term as defined in the Notice
of Meeting)) will be distributed to the Stockholders by post and
will also be made available through a secured web portal the
details of which are available from the Trustee who can be
contacted at legalnotices@lawdeb.com. A copy of the Notice of
Meeting has been submitted to the National Storage Mechanism and
will be available shortly for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
De-Listing and Future
Provision of Information
One of the approvals
sought in the Extraordinary Resolutions is to de-list the Stock
from the London Stock Exchange. If the Extraordinary Resolutions
are passed and implemented, following the de-listing of the Stock,
the Company will cease to make information available via its
website and the RNS service. Information will instead be provided
to Stockholders via a secure web portal hosted by GLAS Specialist
Services Limited in its capacity as registrar. Stockholders and
persons holding a beneficial interest in the Stock are encouraged
to contact GLAS Specialist Services Limited at tes@glas.agency to
obtain access to the secure web portal, in order to continue to
receive information under and in accordance with the terms of the
Trust Deed as amended.
Recognising the
illiquidity of the Stock, the Company may provide further
information to Stockholders who might wish to explore a sale of
their Stock. Please contact the Company at XPE@praderalateral.com
for further
information.
The Company will
continue to keep Stockholders notified of any relevant developments
in accordance with applicable law and regulation.
Capitalised terms used
in this Notice and not otherwise defined shall have the meanings
given to them in the trust deed dated 5 October 2006 (as amended
and supplemented from time to time (the "Trust
Deed"))) constituting the
Stock and made between the Company, the Charging Subsidiaries (as
defined in the Trust Deed), and The Law Debenture Trust Corporation
p.l.c. (the "Trustee"),
unless the context otherwise requires.
Please note that the
Trustee has not been involved in the preparation or formulation of
this announcement, the Notice of Meeting or the Extraordinary
Resolution and expresses no views or opinions on this announcement,
the Notice of Meeting or the Extraordinary Resolution. Stockholders
are advised to take their own legal, financial and/or tax advice in
relation to this announcement, the Notice of Meeting and the
Extraordinary Resolution.
Stockholders should
contact the following for further information:
Company
XPE Group
PLC
c/o Pradera Lateral
Limited
5th Floor
20 Fenchurch Street
London
EC3M 3BY
Email:
XPE@praderalateral.com
Attention:
Matt Beddow
Registrar
Link Group
PXS 1
Central
Square
29 Wellington
Street
Leeds
LS1 4DL
United
Kingdom
Telephone: +44 371 664
0300
(Calls are charged at the standard geographic rate and will vary by
provider. Calls outside the United Kingdom will be charged at the
applicable international rate. Open between 09:00 -17:30, Monday to
Friday excluding public holidays in England and Wales)
Email:
shareholderenquiries@linkgroup.co.uk
This announcement is
made by XPE Group PLC
Dated: 15 November
2024