TENDER OFFER - RESULTS ANNOUNCEMENT
THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND ANNOUNCES THE RESULTS OF ITS TENDER OFFER IN RESPECT OF ITS OUTSTANDING £75,000,000 133/8 PER CENT. UNSECURED PERPETUAL SUBORDINATED BONDS (ISIN: GB0000510312).
The Governor and Company of the Bank of Ireland (the "Bank") announced on 24 August 2011 that it was making an invitation to holders (the "133/8 Bondholders") of its £75,000,000 133/8 per cent. Unsecured Perpetual Subordinated Bonds (ISIN: GB0000510312) (the "133/8 Bonds") to tender their Bonds for purchase by the Bank for cash (the "Offer").
The full terms and conditions of the Offer are set out in a Tender Offer Memorandum dated 24 August 2011 (the "Tender Offer Memorandum"). Capitalised terms used and not otherwise defined in this announcement have the meaning given to such terms in the Tender Offer Memorandum.
Results of the Offer
As at the offer deadline of 4.00 p.m. (London time) on 22 September 2011, £29,096,400 in aggregate nominal amount of 133/8Bonds had been tendered pursuant to the Offer. The Bank will accept all such tenders, and expects to purchase such 133/8Bonds on the scheduled settlement date of 26 September 2011.