Further re dollar notes

Jul 03, 2006 2:09 PM

R.E.A.Hldgs PLC 03 July 2006 R.E.A. Holdings plc ("REA") Issue of further 7.5 per cent dollar notes 2012/14 ("dollar notes") Further to the announcement made on 29 June 2006, REA announces that the agreement between REA and KBC Securities N.V. ("KBC"), whereby KBC agreed to use its reasonable endeavours to procure placees for further dollar notes, has now become unconditional. As a result, a total of $4,100,000 nominal of new dollar notes have today been allotted fully paid at an issue price of 92.5 per cent of par. These new dollar notes rank pari passu in all respects with the dollar notes already in issue (and, in particular, will be entitled to interest on 31 December 2006 calculated as if it accrued from 1 July 2006). Application has been made for the new dollar notes to be admitted to the Official List of the Financial Services Authority and to trading on the London Stock Exchange's market for listed securities. It is expected that dealings in these dollar notes will commence on 4 July 2006. This information is provided by RNS The company news service from the London Stock Exchange

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