RNS Number : 3966L
Signum Finance II Plc
05 May 2010
For Immediate Release 5 May 2010
IRISH STOCK EXCHANGE
SIGNUM FINANCE II PLC (the ISSUER)
Re:- Series 2005-07 EUR 4,000,000 Secured Medium Term Zero Coupon Combination Credit-Linked Notes due 2nd March, 2012 (the Notes)
The Issuer wishes to advise that with effect from 30 July 2010 Sydbank A/S shall cease to be Portfolio Manager in respect of the Equity Specified Portfolio and the terms of the drawdown deed dated 2 March 2005 in relation to the Notes (the "Drawdown Deed"), as previously amended and restated on 31 October 2008 (the "Original Amended and Restated Drawdown Deed"), shall be further amended in order to (a) facilitate the removal of Sydbank A/S as Portfolio Manager in respect of the Equity Specified Portfolio only and to provide for a single payment to be made on 30 July 2010 to the 100 per cent. Noteholder in lieu of fees that would otherwise have been payable to Sydbank A/S; and (b) make such ancillary changes as are necessary to reflect the amendment set out in (a) above (such further amended and restated Drawdown Deed) (the "Amended and Restated Drawdown Deed")) (together, the "Modifications").
When executed, copies of the Amended and Restated Drawdown Deed can be obtained by contacting the person below.
Capitalised terms not defined herein shall have the meaning given to such terms in the Amended and Restated Drawdown Deed.
Goldman Sachs International
133 Fleet Street
London EC4A 2BB
This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.
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