BSX - Bermuda Stock Exchange Ltd.

11/12/2019 | News release | Distributed by Public on 11/12/2019 14:46

BSX Suspension Trading of Delta Fixed Income Bonds

BSX Suspension Trading of Delta Fixed Income Bonds

Hamilton, Bermuda - 12 November, 2019- In a filing with the Bermuda Stock Exchange, the Issuer announced the resignation of John Sutherland Hindness as Director effective 08 November 2019. Following a request from the Issuer, The Bermuda Stock Exchange ('BSX'), has suspended trading in Delta Fixed Income Bonds (the 'Bonds') pending clarification on the fair value of the Bonds. All coupon and redemption payments will be deferred and accrued for payment upon the lifting of the voluntary suspension. The Issuer will keep bondholders updated and will advise as and when there is any change enabling the Issuer to resume coupon and redemption payments.The securities affected are:-

Delta Global Securities Ltd., SAC#1, Series 1, Tranche 1, 2.5% £2,517,754 Due October 11, 2020 - Supplement 1

Delta Global Securities Ltd., SAC#1, Series 1, Tranche 1, 2.5% £638,624 Due October 11, 2020 - Supplement 2

Delta Global Securities Ltd., SAC#1, Series 1, Tranche 1, 2.5% £948,364 Due October 11, 2020 - Supplement 3

Delta Global Securities Ltd., SAC#1, Series 1, Tranche 1, 2.5% £721,714 Due October 11, 2020 - Supplement 4

Delta Global Securities Ltd., SAC#1, Series 1, Tranche 1, 2.5% £159,003 Due October 11, 2020 - Supplement 5

Delta Global Securities Ltd., SAC#1, Series 1, Tranche 1, 2.5% £120,000 Due October 11, 2020 - Supplement 6

Delta Global Securities Ltd., SAC#1, Series 1, Tranche 1, 2.5% £1,000 Due October 11, 2020 - Supplement 7

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For more information on the Bermuda Stock Exchange (BSX), contact James McKirdy at 1-441-292-7212 or [email protected]. Information is also available at www.bsx.com and on Bloomberg at BSX . Established in 1971 the Bermuda Stock Exchange (BSX) is the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities. The BSX is a full member of the World Federation of Exchanges (WFE) and is in an O.E.C.D. member nation and an affiliate member of IOSCO. The BSX is recognised by the US SEC as a Designated Offshore Securities Market. In addition, the BSX is recognized by the U.S. Securities & Exchange Commission (SEC) as a Designated Offshore Securities Market under Regulation S; The Financial Services Authority in the UK as a Designated Investment Exchange; HM Revenue & Customs in the UK as a Recognized Stock Exchange; The Bermuda Monetary Authority as aRecognisedInvestment Exchange; and as an Approved Stock Exchange under Australia's Foreign Investment Funds (FIF) taxation rules; and Designated Exchange status under Canada's Income Tax Act and is a member of America's Central Securities Depository Association