United Finance plc - Early Bond Redemption & New Bond Issue

On 11 September, United Finance plc announced that its Board of Directors resolved to redeemed its €11.6 million 6.75% outstanding bonds early in line with the terms and conditions of the Prospectus dated 27 June 2008.

Furthermore, the Company submitted an application to the Listing Authority of the Malta Financial Services Authority (MFSA) for the approval of a new bond issue, the proceeds of which will be used to finance the early redemption of the aforementioned bonds.

Holders of the Maturing Bond will be given preference over other investors to subscribe to the new bonds.

As such, the €11.6 million outstanding bonds will be redeemed on the tenth working day from the admission of the new bonds to the Official List of the Malta Stock Exchange. This is expected be between November 2014 and January 2015, depending on the date of approval by the Listing Authority of the New Bond Issue.