Novae Group plc : Novae Group plc - Intention to purchase 6.50 per cent Bonds due 2017 (XS0762434099) for cancellation

Novae Group plc : Novae Group plc - Intention to purchase 6.50 per cent Bonds
                   due 2017 (XS0762434099) for cancellation

 
 

NEWS RELEASE

3  January  2013                                                           For 
immediate release.

     

NOT FOR RELEASE, PUBLICATION  OR DISTRIBUTION IN THE  UNITED STATES OR IN  ANY 
JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

                               Novae Group plc

    Intention to purchase 6.50 per cent Bonds due 2017 (XS0762434099) for
                                 cancellation

Novae Group plc ("Novae" or the "Company") has £59,935,000 in principal amount
of 6.50  per cent  Bonds due  2017 (the  "Bonds") currently  in issue  with  a 
maturity date of 27 April 2017.

Novae intends to  purchase up to  12.5 per cent  of the currently  outstanding 
principal amount of the Bonds, subject  to price and terms, for  cancellation, 
commencing on 7 January 2013 and ending  on the day prior to the  announcement 
of the Company's results for the 12 months ended 31 December 2012.

This announcement does  not, nor  is it intended  to, constitute  an offer  to 
purchase nor a solicitation of an  offer to purchase, any particular Bonds  in 
issue at any particular price or on any particular terms.

Novae has engaged Lloyds TSB Bank plc as its agent in relation to the purchase
of the Bonds. Please contact your  Lloyds Bank sales representative or  Lloyds 
Bank syndicate desk (020 7158 2017) for further details.

For further information:

Matthew Fosh         -   Novae Group plc           020 7903 7300

Nick Miles              -   M:Communications        020 7920 2330

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Source: Novae Group plc via Thomson Reuters ONE
HUG#1668025