THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION
OF NOTEHOLDERS. IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION
THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT
PROFESSIONAL ADVISERS IMMEDIATELY.
Centrica
Plc
(the
"Issuer")
Notice to the remaining
holders ("Noteholders") of the £450,000,000 Subordinated
Resettable Fixed Rate Notes due 2075 ("the Notes") (ISIN:
XS1216019585)
Notice of
redemption
NOTICE IS HEREBY GIVEN to the
remaining holders of the Notes that, following the successful
completion of the tender offer more particularly described in the
tender offer memorandum dated 10 May 2024 (a copy of which was sent
to you as a holder of Notes), the Issuer has repurchased and
cancelled £414,693,000 in aggregate principal amount of the Notes,
representing 92.15 per cent. of the nominal amount of the
originally issued Notes.
You are hereby notified that,
pursuant to Condition 6(e) (Redemption for Substantial
Repurchase Event) of the
terms and conditions of the Notes detailed in the Prospectus dated
8 April 2015 (the "Terms and Conditions"), the Issuer shall exercise
its right to fully redeem all of the Notes outstanding on 21 June
2024 (the "Redemption Date"). Accordingly, on the Redemption
Date, all remaining Notes shall be redeemed at their
principal amount, together with any accrued and
unpaid interest up to (but excluding) the Redemption
Date.
Following redemption, the Notes will
be cancelled. Accordingly, the listing of the Bonds on the Official
List of the FCA and the admission of the Bonds to trading on the
Regulated Market of the London Stock Exchange plc will be cancelled
on, or shortly after, 21 June 2024.
Expressions defined in the Terms and
Conditions shall, unless defined herein or the context otherwise
requires, have the same meaning in this notice.
This notice is given by
CENTRICA PLC
Dated: 22 May 2024
For further information please
contact:
Centrica plc
Millstream
Maidenhead Road
Windsor
Berkshire SL4 5GD
Telephone: +44 1753 494165
Email: creditinvestor@centrica.com
Centrica
plc is listed on the London Stock Exchange (CNA)
Registered
Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4
5GD
Registered
in England & Wales number: 3033654
Legal
Entity Identifier number: E26EDV109X6EEPBKVH76
ISIN
number: GB00B033F229