Alpha Plus Holdings Plc 5.75% Secured Sterling Bonds Due 2019 Important Information Portland Place, Central London
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INFORMATION BOOKLET 27 November 2012 Alpha Plus Holdings plc 5.75% Secured Sterling Bonds due 2019 Important Information Portland Place, Central London Lead Manager and Distributor that will issue the bonds referred to below. Canaccord Canaccord Genuity Limited Genuity Limited (No. 01774003), whose registered office is 88 Wood Street, London, EC2V 7QR, is Authorised Distributors authorised and regulated by the UK Financial Services Collins Stewart Wealth Management (UK) Authority (Firm Ref Number 182011). www.collinsstewartwealth.com Interactive Investor This Information Booklet relates to the Alpha Plus Holdings plc 5.75% Secured Sterling Bonds due www.iii.co.uk/investing/news-issues 2019 (referred to in this Information Booklet as the Peel Hunt LLP “bonds”). A prospectus dated 26 November 2012 www.peelhunt.com (the “Prospectus”), which comprises a prospectus RM Capital Markets Ltd for the purposes of the Directive, has been prepared www.rm-capital.co.uk and made available to the public in accordance with the Directive. Copies of the Prospectus are available Selftrade from the website of the London Stock Exchange 5.75% www.selftrade.co.uk/alpha (www.londonstockexchange.com/prices-and-markets/ per annum Shore Capital markets/prices.htm) and in hard copy for inspection www.shorecapital.co.uk only during usual business hours at the specified office of the paying agent. This Information Booklet is not an interest paid Smith & Williamson Securities offer for the subscription or sale of the bonds. The www.smith.williamson.co.uk/fixed-income-dealing- bonds have not been and will not be registered under service the United States Securities Act of 1933, as amended Important Information (the “Securities Act”). The bonds may not be offered, This Information Booklet is an advertisement for sold or delivered within the U.S. or its possessions or to, the purposes of Prospectus Rule 3.3 and Article 34 or for the account or benefit of, U.S. persons except in of Commission Regulation (EC) No 809/2004 certain transactions exempt from the registration (as amended) and is not a prospectus for the purposes requirements of the Securities Act. The Bonds are of EU Directive 2003/71/EC (as amended) (the being offered and sold outside the United States in “Directive”) and/or Part VI of the Financial Services reliance on Regulation S of the Securities Act. There and Markets Act 2000 (the “FSMA”). The contents will be no public offering in the United States. This of this document are indicative and accurate advertisement is not an offer for the subscription or sale as at the date of its issue. This document should of the bonds. The bonds may only be sold in Jersey in not be solely relied on for making any investment compliance with the provisions of the Control of decision in relation to the purchase of bonds. Borrowing (Jersey) Order 1958. Any offer for Any decision to purchase or sell the bonds should subscription, sale or exchange of the bonds within the be made solely on the basis of a careful review Isle of Man must be made by (i) an Isle of Man financial of the Prospectus (as defined below). Please services licenceholder licensed under section 7 of therefore read the Prospectus carefully before you the Financial Services Act 2008 to do so or (ii) in invest. This is a financial promotion approved, for the accordance with any relevant exclusion contained purposes of section 21 of FSMA, by Canaccord Genuity with the Regulated Activities Order 2011 or exemption Limited, which is authorised and regulated by the contained in the Financial Services (Exemptions) Financial Services Authority, and made by Alpha Plus Regulations 2011. For additional information on the Holdings plc (“Alpha Plus”) which is the legal entity selling restrictions, see the “Subscription and Sale” section in the Prospectus. 01 Important Information The bonds offer an interest rate of 5.75% per year on Payment on the face value of the bonds the face value of £100 per bond. Interest is split and Assuming Alpha Plus does not go out of business will be paid semi-annually on18 June and 18 December or become insolvent, and assuming the bonds have in each year until the bonds become repayable. not been redeemed or purchased and cancelled early Unless previously redeemed or purchased and (as described under “Key features of the bonds – cancelled (as further described in “Key features Early redemption features”), the bonds will be of the bonds – Early redemption features” on redeemed at 100% of their face value on the page 03), the bonds will mature on 18 December 2019 Maturity Date. You are referred to “Key risks of (the “Maturity Date”) and will be repayable by Alpha investing in the bonds” on page 04. Plus at their face value of £100 per bond. The bonds can be purchased through your existing stockbroker, private bank or wealth manager and the minimum initial amount of bonds you may buy is £2,000. Thereafter the bonds can be bought and sold in multiples of £100 Wetherby Preparatory face value. A copy of the Prospectus should also have School, Central London been provided to you by your stockbroker and you are referred to “Important information” on page 01. 7-year What is a bond? A fixed rate bond is a form of borrowing by a company term of bond seeking to raise funds from investors. The bonds have a fixed life. The company promises to pay a fixed rate of interest (the “coupon”) to the investor (i.e. the bondholder) periodically until the date when the bond becomes repayable (usually on the maturity date, although a bond may also become repayable early in certain circumstances) when it promises to repay the amount borrowed. You do not have to keep the bonds until the date when they mature. A bond is a tradable instrument whereas a traditional loan (including a normal bank deposit or bank account) is not. The market price of a bond will vary between the start of the bond’s life and the date when it matures. Please see “How to trade the bonds” on page 11. Interest on the bonds The level of interest offered on the bonds is fixed when the bonds are issued. For every £100 face value of the bonds held, Alpha Plus will pay an interest amount of £2.875 on each 18 June and 18 December of each year up until the Maturity Date. 02 Key features of the bonds Falcons Preparatory School, West London Key features of the bonds • Face value of each bond: £100. Although the face • Issuer: Alpha Plus Holdings plc. value of each bond is £100, it is not possible to • Security: the bonds are secured over a portfolio purchase less than £2,000 in face value of the bonds of property and other assets of Alpha Plus and from your distributor in the initial distribution. certain of its subsidiaries. See “Security assets”, • Documentation: The terms and conditions of the “Security top-up”, “Security release” and offer are contained in the Prospectus. The amount “Security substitution” below for more details. of the bonds to be issued will be announced by RNS • Interest rate: 5.75%. The headline interest rate on or around 11 December 2012. relates to the yield earned on the face value of the • Issue price: 100% of the face value. bonds. The actual return for investors will depend on • Redemption: at 100% of the face value on the the price at which they purchase bonds and, if they Maturity Date, assuming that Alpha Plus remains in do not hold the bonds until the bonds mature, the business and is able to pay its debts in full and that price at which they sell their bonds. Interest will be the bonds have not been repaid early or purchased paid in arrear on 18 June and 18 December or cancelled. each year until the Maturity Date. The first interest payment is due to be made on18 June 2013, • Early redemption features: The bonds are due to and the last interest payment is due to be made be redeemed on the Maturity Date unless they are on the Maturity Date. redeemed early due to (a) taxation reasons or (b) at Alpha Plus’ option, all as described below: • Authorised Distributors and offer period: a number of distributors have been approved by Alpha Plus a) Early redemption due to changes in relevant tax to provide this document and the Prospectus to laws: The bonds may be redeemed early at the potential investors in the bonds in the period from option of Alpha Plus at 100% of their face value, 26 November 2012 until 12 noon (London time) together with any accrued interest, in the event on 11 December 2012 or such earlier date as that Alpha Plus is obliged to pay additional agreed between Alpha Plus and Canaccord Genuity amounts in respect of the bonds pursuant to Limited and announced via the Regulatory News their terms following a change in United Kingdom Service (“RNS”) of the London Stock Exchange (the tax law. “End of Offer Date”). Any offer to sell the bonds b) Early redemption at the option of Alpha Plus: made or received from any other party, or by any party Alpha Plus has the option to redeem the bonds, after the End of Offer Date, may not have been at any time, at 100% of their face value or, if approved by Alpha Plus. Therefore investors should higher, an amount calculated by reference to the check with such party whether or not such party is so prevailing yield of the relevant United Kingdom approved.