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2014 Retail Charity Bond – early close of offer period

09/07/2014

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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.

Retail Charity Bonds PLC

Golden Lane Housing Retail Charity Bond 4.375% due 2021 (THE “BONDS”)

On 27 June 2014, Retail Charity Bonds PLC announced an offer of the Bonds. This announcement confirms that the Offer Period will close at 10.30 (London time) on 9 July 2014 (the End of Offer Date), such date and time being earlier than the originally scheduled end to the Offer Period which was at 12 noon (London time) on 23 July 2014.

Retail Charity Bonds PLC will release its announcement constituting the Sizing Announcement as referred to in the Prospectus dated 26 June 2014 at a time and a date shortly after the End of Offer Date.

Defined terms used herein shall have the meanings attributed to them in the Prospectus dated 26 June 2014 in relation to the Bonds.

Alastair Graham, Managing Director of Golden Lane Housing said:

“We are delighted at the closure of the offer period after less than two weeks and at the reaction we have seen to the Golden Lane Housing Retail Charity Bond. The proceeds from this issue will be invested in buying much needed, high quality housing across the country for over 100 people with a learning disability and will provide a lasting legacy for future generations.”

Tim Jones, CEO of Allia commented:

“This early closure announcement demonstrates the strength of demand for listed products of this kind which provide a financial return and create tangible social benefit. This is the first charity bond to be issued by Retail Charity Bonds and we hope to meet investor demand and enable more good causes to raise debt in this way in the future with equal levels of success”

Adrian Bell, Head of Debt Markets UK, Canaccord Genuity added:

“The success of the Golden Lane Housing Retail Charity Bond, closing early and oversubscribed is a great testament to all of the highly respected city institutions, including the authorised distributors, who have donated their time and efforts to launching this product; their commitment is helping to build a market for those seeking investments, such as the Golden Lane Housing Bond, offering clear social benefits”

-Ends-

For further information, please see Retail Charity Bond PLC’s website or Golden Lane Housing Limited’s website

For enquiries please contact:

Bell Pottinger
Tel: +44 (0)20 7861 3232
Victoria Geoghegan
Elizabeth Snow

Canaccord Genuity
Tel: +44 (0)20 7523 8000
Adrian Bell
Henrietta Podd
David Orford

About Golden Lane Housing

Golden Lane Housing is a national housing charity that provides supported living housing for people with a learning disability. Established by Mencap in 1998, Golden Lane Housing houses over 1,320 people throughout England and Wales.

About Retail Charity Bonds

Retail Charity Bonds PLC is the Issuer under an issuance facility enabling charities to raise medium term debt through bonds listed on the London Stock Exchange and traded on the Order book for Retail Bonds. It is an initiative of the social investment charity Allia, and established in association with Canaccord Genuity.

Retail Charity Bonds PLC is a public limited company; it was established as an 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, Ecclesiastical Investment Management, Linklaters, London Stock Exchange, Prudential Trustee Company Limited, Rathbones and Threadneedle Investments.

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.

2. 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.

3. In the event that Retail Charity Bonds PLC or Golden Lane Housing Limited 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 26 June 2014 (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 26 June 2014 (the “Prospectus”). The Prospectus is available at the website of Retail Charity Bonds PLC and Golden Lane Housing Limited 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.