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Charities Aid Foundation Bond: Early Closure Announcement

March 29, 2016

The information contained herein may only be released, published or distributed in the United Kingdom, the Isle of Man, Jersey and the Bailiwick of Guernsey in accordance with applicable regulatory requirements. The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, the Republic of Ireland or in any other jurisdiction where it is unlawful to distribute this document. The bonds referred to below may only be sold in Jersey in compliance with the provisions of the Control of Borrowing (Jersey) Order 1958 and the Financial Services (Jersey) Law 1998, as amended.

Charities Aid Foundation Retail Charity Bond 5.00% due 2026 (the “Bonds”)

Retail Charity Bonds PLC announces that the Offer Period for the Charities Aid Foundation Retail Charity Bond launched on Tuesday 22 March 2016 will close at 15:00 (London time) on 29th March 2016 (the “End of Offer Date”), such time and date being earlier than originally scheduled end to the Offer Period which was 12 noon (London time) on 6 April 2016.

Retail Charity Bonds PLC will release an announcement constituting the Issue Size Announcement as referred to in the Prospectus dated 22 March 2016 at a time and date shortly after the End of Offer Date.

Defined terms used herein shall have the meanings attributed to them in the Prospectus dated 22 March 2016 in relation to the Bonds.

For enquiries please contact:

CAF

Ben Russell

Simon Ward

Tel: +44 (0)3000 123286
Bell Pottinger

Victoria Geoghegan

Elizabeth Snow

 

Tel: +44 (0)20 3772 2562
Canaccord Genuity

Adrian Bell

Henrietta Podd

Tel: +44 (0)20 7523 8000

About CAF

Charities Aid Foundation is one of the largest charitable foundations in Europe and is among the largest providers of philanthropic products and services to charities, donors, and companies worldwide

CAF draws on a 90 year track record and serves individual charity donors, businesses and charities, helping them give to the causes they care about and providing financial services tailored to the charity sector.

CAF works with 250,000 donors, 3,000 companies – including 66% of the FTSE 100 – and 50,000 charities.

CAF channelled £478 million to charities worldwide in 2014/15 and provides a wide range of services to charities, donors and companies in the UK and worldwide.

CAF Charity Accounts and CAF Charitable Trusts allow people to make donations to charitable organisations in the UK and worldwide.

CAF Give As You Earn (GAYE) is the most popular payroll-giving scheme in the UK, helping nearly 2,700 companies and 200,000 staff to give over £70 million to charity each year.

CAF Company Accounts enable companies to give tax effectively and to donate safely to charitable organisations around the world.

CAF Donate is an online donation processing platform giving charities the tools to fundraise through the web, mobile devices and Facebook and process donations received by post and phone.

CAF Bank, a wholly owned subsidiary of CAF, provides banking services to over 17,400 charities and not-for-profit organisations.

CAF’s Global Alliance includes organisations in America, Australia, Canada, Brazil, Russia, India, South Africa and Bulgaria working to strengthen civil society by promoting philanthropy, working with donors to encourage giving, and offering services to facilitate giving.

About Retail Charity Bonds

Retail Charity Bonds is a platform that issues retail eligible bonds for UK charities. It was created by Allia, a UK charity and social investment specialist, and established in association with Canaccord Genuity.

Retail Charity Bonds PLC is a public limited company; it was established as a special purpose issuing vehicle but is not itself a charity. It is governed by an independent and experienced board of directors from the financial and charity sectors who are acting on a pro-bono basis.

The platform is also supported by a range of patrons, including: Cabinet Office, Allen & Overy, Bank of New York Mellon, Bell Pottinger, Berwin Leighton Paisner, Big Society Capital, Edentree Investment Management, Linklaters, London Stock Exchange, Prudential Trustee Company Limited, Rathbones and Threadneedle Investments.

Other charities to have successfully raised finance through Retail Charity Bonds include Golden Lane Housing, the housing arm of Mencap, and Hightown Housing Association.

For more information please see www.retailcharitybonds.co.uk

About the bonds

  1. The bonds may not be suitable for all investors. Investors should ensure they fully understand the risks and seek independent financial advice.
  1. Investors should note that the market price of the bonds can rise and fall during the life of the investment and the price of the bonds could fall below the issue price of £100.
  1. In the event that Retail Charity Bonds PLC or Charities Aid Foundation defaults, becomes insolvent or goes out of business, investors may lose some or all of their investment.

IMPORTANT INFORMATION

This announcement is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC, as amended, and/or Part VI of the Financial Services and Markets Act 2000 (the “FSMA”). A prospectus dated 22 March 2016 (the “Prospectus”) has been prepared and made available to the public as required by Part VI of the FSMA. Investors should not subscribe for any bonds referred to in this announcement except on the basis of information in the Prospectus. Full information on Retail Charity Bonds PLC and the offer of the bonds is only available on the basis of the combination of the Prospectus and this announcement which have been published by Retail Charity Bonds PLC on the Regulatory News Service operated by the London Stock Exchange.

The restriction on financial promotions contained in section 21(1) of the Financial Services and Markets Act 2000 does not apply to this announcement by virtue of article 70(1A) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended.

The offering and the distribution of this announcement and other information in connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any Bonds. Any purchase of Bonds pursuant to the offer should only be made on the basis of the information contained in the prospectus dated 22 March 2016 (the “Prospectus“. The Prospectus is available at the website of Retail Charity Bonds PLC and Charities Aid Foundation as above and the website of the London Stock Exchange plc (www.londonstockexchange.com/newissues).

The Bonds have not been and will not be registered under the United States Securities Act of 1933 (as amended) (the “Securities Act“) and, subject to certain exceptions, may not be offered or sold within the United States or to United States persons. The Bonds are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act.