Lloyds Banking Group PLC : Lloyds TSB Bank PLC Tender Offer - USD securities -2-
06/28/2012| 09:48am US/Eastern
In order to be eligible to participate in one or more of the Offers, holders of Securities must validly tender their Securities by the Expiration Deadline, by delivering, or arranging to have delivered on their behalf, a valid Tender Instruction that is received by the Tender Agent by the Expiration Deadline. Any submission amount must be equal to or greater than the relevant Security's Minimum Denomination. See the Tender Offer Memorandum for further details on submitting a Tender Instruction.
The submission of a valid Tender Instruction will be irrevocable except in the limited circumstances described in the Tender Offer Memorandum.
Announcements in connection with the Offers will be made via RNS (the Register News Service provided by the London Stock Exchange). Such announcements may also be made by the issue of a notice to a Notifying News Service and by delivery of notices to DTC for communication to Direct Participants. Copies of all announcements, notices and press releases can also be obtained from the Tender Agent, the contact details for which are set out below.
The following table sets out the expected dates and times of the key events relating to the Offers This is an indicative timetable and is subject to change.
Date and Time Action
June 28, 2012 Commencement of the Offers
Offers announced through RNS,
DTC and by publication on a Notifying
Tender Offer Memorandum available
from the Dealer Managers and
the Tender Agent.
July 6, 2012, 9:00 a.m. (New Price Determination Time
York City time)
The Dealer Managers will calculate
the Fixed Rate Purchase Price
in respect of each Series of
Fixed Rate Securities in the
manner described in the Tender
Offer Memorandum at the Price
Determination Time. The Issuer
will announce the Fixed Rate
Purchase Price in respect of
each Series of Fixed Rate Securities
as soon as reasonably practicable
following the Price Determination
July 6, 2012, noon (New York Expiration Deadline
Deadline for receipt by the Tender
Agent of all Tender Instructions
in order for Holders to be able
to participate in the Offers
and to be eligible to receive
the relevant Purchase Price and
Accrued Interest Payment on the
July 9, 2012 Announcement of Results of Offers
The Issuer expects to announce
the final aggregate principal
amount of each Series of Securities
accepted for purchase.
July 10, 2012 Settlement Date
Expected Settlement Date for
Securities validly tendered and
accepted by the Issuer. Payment
of the relevant Purchase Price
and any Accrued Interest Payment
in respect of any such Securities.
The above dates and times are subject, where applicable, to the right of the Issuer to extend, re-open, amend, and/or terminate the Offers, subject to applicable laws. Holders of Securities are advised to check with any bank, securities broker or other intermediary through which they hold Securities whether such intermediary would require to receive instructions to participate in, or (in the limited circumstances in which revocation is permitted) revoke their instruction to participate in, the Offers before the deadlines set out above.
Holders of Securities are advised to read carefully the Tender Offer Memorandum for full details of and information on the procedures for participating in the Offers.
Lucid Issuer Services Limited has been appointed by the Issuer as Tender Agent (the "Tender Agent") for the purposes of the Tender Offer.
Deutsche Bank Securities Inc. and Lloyds Securities Inc. have been appointed by the Issuer as Dealer Managers (the "Dealer Managers") for the purposes of the Offers.
For further information please contact:
Frederik Verpoest Director of Investor Relations Lloyds Banking Group +44 207 356 2385 +44 750 948 4949
+44 207 356 2120
Requests for information in relation to the Offers should be directed to:
Deutsche Bank Securities Inc. Lloyds Securities Inc.
60 Wall Street 1095 Avenue of the Americas
New York, NY 10005 New York, NY 10036
United States United States
Collect: +1 212 250 7527 Attention: Liability Management
Toll-Free: +1 855 287 1922 Group
Attention: Liability Management Collect: +1 212 827 3105
Group email: email@example.com
Deutsch Bank AG, London Branch Lloyds TSB Bank plc
Winchester House Lloyds Bank
1 Great Winchester Street 10 Gresham Street
London EC2N 2DB London EC2V 7AE
United Kingdom United Kingdom
Tel: +44 20 7545 8011 Tel: +44 20 7158 3981
Attention: Liability Management Attention: Liability Management
email: firstname.lastname@example.org email: email@example.com
Requests for information in relation to the procedures for tendering Securities in, and for any documents or materials relating to, the Tender Offer should be directed to:
Lucid Issuer Services Limited
436 Essex Road
London N1 3QP
Tel: +44 (0) 20 7704 0880
Attention: Sunjeeve Patel / David Shilson / Thomas Choquet
/ Paul Kamminga
This announcement must be read in conjunction with the Tender Offer Memorandum. This announcement and the Tender Offer Memorandum contain important information which must be read carefully before any decision is made with respect to the Offers. If any holder of Securities is in any doubt as to the action it should take, it is recommended to seek its own legal, accounting and financial advice, including as to any tax consequences, immediately from its stockbroker, bank manager, attorney, accountant or other independent financial adviser. Any individual or company whose Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to participate in the Offers. None of the Issuer, the Dealer Managers, the Tender Agent and any person who controls, or is a director, officer, employee or agent of such persons, or any affiliate of such persons, makes any recommendation as to whether holders of Securities should participate in the Offers.
OFFER AND DISTRIBUTION RESTRICTIONS
This announcement and the Tender Offer Memorandum does not constitute an offer or an invitation to participate in the Offers in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such offer or invitation or for there to be such participation under applicable laws. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Issuer, the Dealer Managers and the Tender Agent to inform themselves about and to observe any such restrictions.
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