Places for People Finance plc (the "Issuer") has launched its Retail Bond offering sterling denominated 4.25% Bonds due 2023 (the "Bonds").

The Issuer is a special purpose company and a wholly-owned subsidiary of Places for People Group Limited, the group parent of the Places for People group of companies (the "Group").

The Bonds will be unconditionally and irrevocably guaranteed, on a joint and several basis, by:

  • PFPL (Holdings) Limited ("PFPL") (also known as Places for People Leisure);
  • Places for People Ventures Operations Limited ("PfP Operations");
  • Residential Management Group Limited ("RMG");
  • Touchstone Corporate Property Services Limited ("Touchstone"); and
  • Zero C Holdings Limited ("Zero C" and together with PFPL, PfP Operations, RMG and Touchstone, the "Guarantors").

The Bonds have a minimum initial subscription amount of £2,000 and are available in multiples of £100 thereafter.

The offer period is now open and is expected to close at 12.00 (noon) on 12 December 2016. The Issuer and the Guarantors retain the right to close the offer period early, in conjunction with Investec Bank plc as Lead Manager.

 

Authorised Offerors

Barclays Stockbrokers

1 Churchill Place

London E14 5HP

www.barclaysstockbrokers.co.uk/investments/new-issues/pages/at-a-glance.aspx

 

Hargreaves Lansdown

One College Square South

Anchor Road

Bristol BS1 5HL

http://www.hl.co.uk/shares/corporate-bonds-gilts/places-for-people-finance-retail-bond

 

Interactive Investor

Standon House

21 Mansell Street

London E1 8AA

www.iii.co.uk

 

Redmayne-Bentley Stockbrokers

9 Bond Court

Leeds LS1 2JZ

www.redmayne.co.uk/pfp

 

Saga Share Direct

Aspect House

Spencer Road

Lancing

West Sussex BN99 6DA

www.sagasharedirect.co.uk

 

Selftrade

Aspect House

Spencer Road

Lancing

West Sussex BN99 6DA

www.selftrade.co.uk

 

Shareview

Aspect House

Spencer Road

Lancing

West Sussex BN99 6DA

www.shareview.co.uk

 

Walker Crips Stockbrokers

7th Floor

103-105 Bunhill Row

London EC1Y 8LZ

http://www.wcgplc.co.uk/Stockbrokers/PlacesForPeople

 

 

KEY RISKS

  • The Bonds may not be suitable for all investors. You should ensure you fully understand the risks and seek independent financial advice if you do not fully understand or are in any doubt as to the suitability of the investment for your circumstances.
  • Unlike a bank deposit, the Bonds are not covered by the UK Financial Services Compensation Scheme in the event that Places for People Finance plc and the Guarantors are unable to pay their debts.
  • In the event that Places for People Finance plc and the Guarantors cannot pay their debts in full, or go out of business, you may lose some or all of your investment.
  • The market price of the Bonds could fall during the life of the investment. If you choose to sell your Bonds before maturity you may get back less than your original investment. 

This is an advertisement and not a prospectus. Before buying any Bonds you should make sure that you fully understand and accept the risks that are set out in the prospectus dated 28 November 2016 (the "Prospectus") relating to the Bonds. The Prospectus is available to view at www.placesforpeople.co.uk/bonds. Investors should not subscribe for any Bonds except on the basis of the information in the Prospectus, which contains important risk factors and other information. If you are in any doubt as to the suitability of the Bonds for your circumstances, you should seek independent advice from a tax adviser or investment professional, as appropriate, and from your stockbroker. To buy the Bonds, you need to contact your stockbroker or any of the Authorised Distributors listed above. The contents of this advertisement, which has been made by Places for People Finance plc and the Guarantors, has been approved solely for the purposes of section 21(2)(b) of the Financial Services and Markets Act 2000 by Investec Bank plc (the "Lead Manager"). The Lead Manager, whose registered office is at 2 Gresham Street, London EC2V 7QP, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The Lead Manager does not provide legal, tax, accounting or investment advice in relation to the Bonds and is not responsible for any advice you may receive from any third party. The Bonds have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"). The Bonds may not be offered, sold or delivered within the United States or to, or for the account or benefit of, United States persons. The Bonds are being sold outside the United States in reliance on Regulation S of the Securities Act. There will be no public offering in the United States.