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The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, Guernsey and the Isle of Man in accordance with applicable regulatory requirements. The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, the Republic of Ireland, South Africa or in any other jurisdiction where it is unlawful to distribute this document. The bonds may only be sold in Jersey in compliance with the provisions of the Control of Borrowing (Jersey) Order 1958.
Any offer for subscription, sale or exchange of the bonds within the Isle of Man must be made (i) by an Isle of Man financial services licenceholder licensed under section 7 of the Financial Services Act 2008 to do so or (ii) in accordance with any relevant exclusion contained within the Regulated Activities Order 2011 or exemption contained in the Financial Services (Exemptions) Regulations 2011.
27 November 2012
ALPHA PLUS HOLDINGS PLC
("Alpha Plus" or "the Company" and, together with its subsidiaries, "the Group")
LAUNCH OF 7 YEAR 5.75% SECURED STERLING RETAIL BOND
Alpha Plus Holdings plc, which owns and operates independent schools, colleges and nurseries throughout the UK, has launched a 5.75% sterling bond due 2019 secured against certain real estate and other assets of the Group. The bonds are available to retail investors and are being issued by the Company to repay shareholder debt and for general corporate purposes.
The bonds bear interest at a fixed rate of 5.75% per annum, payable semi-annually in arrear in equal instalments. At any time during the life of the bond, investors are permitted to sell the bonds (within market hours and in normal market conditions) on the open market through their stockbroker.
Canaccord Genuity Limited is acting as Manager on this issue.
The bonds have a minimum initial subscription amount of £2,000 and are available in multiples of £100 thereafter.
The offer period is now open and is expected to close at 12 noon (London time) on 11 December 2012. The Manager retains the right to close the offer early, in conjunction with the Company.
The bonds are expected to be listed on the UK Listing Authority's Official List and admitted to trading on the London Stock Exchange's regulated market and through the electronic Order Book for Retail Bonds.
For further information, please see Alpha Plus' website: www.alphaplusgroup-retailbond.co.uk
For enquiries please contact:
020 7487 6000
020 7831 3113
020 7523 8000
Notes to Editors
About the bonds
1. The bonds may not be suitable for all investors. Investors should ensure they fully understand the risks and seek independent financial advice.
2. Investors should note that the market price of the bonds can rise and fall during the life of the investment and the price of the bonds could fall below the issue price of £100.
3. In the event that Alpha Plus defaults, becomes insolvent or goes out of business, investors may lose some or all of their investment.
This announcement is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC, as amended, and/or Part VI of the Financial Services and Markets Act 2000 (the "FSMA"). A prospectus dated 26 November 2012 (the "Prospectus") has been prepared and made available to the public as required by Part VI of the FSMA. Investors should not subscribe for any bonds referred to in this announcement expect on the basis of information in the Prospectus. Full information on Alpha Plus Holdings plc and the offer of the bonds is only available on the basis of the combination of the Prospectus to be published in respect to the bonds and the announcement which will be published by Alpha Plus by Regulatory Information Service (expected to be the Regulatory News Service operated by the London Stock Exchange) on or about 11 December 2012 and setting out the aggregate principal amount of bonds to be issued (the "Sizing Announcement"). Investors may obtain copies of the Prospectus and the Sizing Announcement (once published) on the website of the Regulatory News Services operated by the London Stock Exchange.
The offering and the distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons into whose possession this announcement or any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase. Any purchase of bonds pursuant to any offer should only be made on the basis of the information contained in the Prospectus, available as described above.
The bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Subject to certain exceptions, the bonds may not be offered, sold or delivered within the United States or to, or for the account or benefit of U.S. persons. The bonds are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act. There will be no public offering in the United States.
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