GAP Group plc - Application for a New Bond Issue

On 9 October 2020, GAP Group plc announced that it submitted an application to the Listing Authority of the Malta Financial Services Authority requesting the admissibility to listing of €21 million 3.70% secured bonds maturing between 2023 and 2025. Subject to the attainment of the necessary regulatory approval, the new bonds will be offered for subscription to existing GAP Group bondholders (namely holders of the 3.65% €36.7 million secured bonds 2022, and holders of the 4.25% €19.4 million secured bonds 2023) as well as the general public. Full details of the new bonds will be provided in a prospectus that will be made available following the necessary approval by the Listing Authority.