Eden Finance plc – Appointment of Custodian and cancellation of Bonds

Eden Finance p.l.c. refered to  the undertaking set out in section 6.16 of the Securities Note forming part of the Prospectus dated 10 May 2010 for the Company to build a sinking fund to meet part of the redemption proceeds on redemption date of the issued 6.6% Bonds 2017-2020.

The Company therefore announces that on 5 December 2012 the Company engaged Charts Investment Management Service Limited (“Charts”) as Sinking Fund Custodian. Charts is an investment service license holding having a Category 3 license issued by the MFSA and is independent of the Issuer.

For the purposes of its sinking fund requirements for 2012 the Company has purchased and cancelled €369,000 worth of Eden Finance plc Bonds.

To view the official company announcement, click here.