General Announcement::Claiming entitlement to Net Proceeds from the Sale of Agent Shares

Issuer & Securities

Issuer/ Manager
3I INFOTECH LIMITED
Securities
3IINFOTECUS$125.356M5%CB170426 - XS0769181982 - 2CCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-May-2017 18:33:33
Status
New
Announcement Sub Title
Claiming entitlement to Net Proceeds from the Sale of Agent Shares
Announcement Reference
SG170530OTHRL0P9
Submitted By (Co./ Ind. Name)
3i Infotech Limited
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This notice is only applicable to Bondholders who have not already been allotted Shares by the Issuer, or otherwise claimed Shares from the Share Agent, pursuant to automatic conversion of the relevant portion of the Bonds in accordance with Condition 8.12 of the Terms and Conditions of the Bonds as described in the Notice of Meeting (such Bondholders, the "Relevant Holders").

Reference is hereby made to (i) the Principal Trust Deed, dated as of April 25, 2012, as supplemented by the Supplemental Trust Deed dated as of December 9, 2016 by and among 3i Infotech Limited (the Issuer ) and Deutsche Trustee Company Limited as trustee (such Principal Trust Deed as amended and supplemented by such Supplemental Trust Deed, the Trust Deed ) (ii) the Paying and Conversion Agency Agreement, dated as of April 25, 2012, as supplemented by the Supplemental Paying and Conversion Agency Agreement dated as of December 9, 2016 by and among the Issuer, Deutsche Bank AG, London Branch, as the paying agent, conversion agent and transfer agent (the Principal Paying Agent ) and Deutsche Bank Luxembourg SA, as registrar and (iii) the notice of meeting dated July 5, 2016 (the Notice of Meeting ). Capitalised terms used but not defined herein shall have the meanings given to them in the Trust Deed.

The Issuer notifies the Relevant Holders that, pursuant to Condition 8.12, the Share Agent or its representatives or its assignees or sub-contractors have begun selling Agent Shares and expect to complete the sale of all Agent Shares as soon as practicable. Remittance of Net Proceeds from the sale of Agent Shares to the Bondholders claiming the same would begin after all the Agent Shares have been sold.

In order for a Bondholder to claim its entitlement to Net Proceeds from the sale of Agent Shares, it should provide:

(i) the information set forth in Annex A (to the attached Notice), to Deutsche Bank AG, London Branch as the Principal Paying Agent through the Clearing Systems; and

(ii) a scanned copy of a signed document containing the information set forth in Annex B (to the attached Notice), sent via email directly to the Issuer at: fccbexchangeoffer2016@3i-infotech.com.

The Bondholders are requested to claim their respective entitlement to Net Proceeds from the sale of Agent Shares within a period of one year from the date of this notice.

In the event that a Bondholder does not claim its entitlement to Net Proceeds within a period of one year from the date of this notice, such Net Proceeds shall be transferred to an escrow account to be held by GLAS Trustees Limited (or another agent to be selected by the Company) in their capacity of Escrow Agent until the final maturity date of the Bonds.

Attachments

Notice to Bondholders-2012 Bonds.pdf
Total size =904K