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LBT - Liberty International Plc - GBP240,000,000 3.95 per cent. Convertible

Release Date: 25/09/2009 10:18
Code(s): LBT
Wrap Text

LBT - Liberty International Plc - GBP240,000,000 3.95 per cent. Convertible Bonds due 2010 of which GBP79,244,000 is currently outstanding (the "Bonds") LIBERTY INTERNATIONAL PLC (Registration number UK3685527) ISIN Code : GB0006834344 JSE Code : LBT Issuer Code: LILI I Liberty International PLC LIBERTY INTERNATIONAL PLC (the "Issuer") GBP240,000,000 3.95 per cent. Convertible Bonds due 2010 of which GBP79,244,000 is currently outstanding (the "Bonds") (ISIN: XS0176967262; Common Code: 017696726) In accordance with the terms and conditions of the Bonds (the "Conditions"), as set out in the Offering Circular dated 13 October 2003 relating to the Bonds, notice is hereby given to Bondholders pursuant to Condition 5(k) that in connection with the pricing details of the Placing of 56.1 million New Ordinary Shares, announced by the Issuer on 23 September 2009, the Conversion Price of the Bonds will be adjusted pursuant to Condition 5(b)9vi) from GBP7.16 per Ordinary Share to GBP7.08 per Ordinary Share with effect from 5 October 2009. If Bondholders were to exercise Conversion Rights prior to the date of such adjustment they would pay a Conversion Price of GBP7.16 per Ordinary Share. Words and expressions defined in the Conditions shall have the same meaning when used in this announcement. Susan Folger Company Secretary Liberty International PLC 25 September 2009 Sponsor Merrill Lynch South Africa (Pty) Limited Date: 25/09/2009 10:18:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.