In July 2010, John Lewis plc (the 'Company'), the owner of Waitrose supermarkets and John Lewis department stores, completed its £300 million bond issue. The bonds (the 'Bonds') are due 2025 and carry a coupon of 6.125 per cent.
The Bonds have been admitted to the Official List of the UK Listing Authority and are trading on the London Stock Exchange's Regulated Market.
The viewing or downloading of the prospectus dated 19 July 2010 in respect of the Bonds (the 'Prospectus') does not constitute an offer or invitation by or on behalf of the Company or any other person to any person to subscribe for or to purchase, or a solicitation to purchase or subscribe for, any securities of the Company in any jurisdiction.
The viewing, downloading or distribution of the Prospectus may not be lawful in certain jurisdictions. In other jurisdictions, only certain categories of person may be allowed to view the Prospectus. Any person who wishes to view the Prospectus must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so.
The Bonds have not been and will not be registered under the US Securities Act of 1933, as amended (the 'Securities Act'), and no Bonds may be offered, reoffered, sold or resold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Further, unless an exemption under the relevant securities law is applicable, the Bonds may not be offered, reoffered, sold, resold, delivered or distributed, directly or indirectly, in or into any jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction.
The viewing or downloading of the Prospectus shall not in any circumstances imply that the information contained therein is correct at any time subsequent to the date of the Prospectus or that there has been no change in the information set forth therein or in the affairs of John Lewis plc or any of its affiliates since the date of the Prospectus.
The Prospectus may only be communicated to persons in the United Kingdom in circumstances where section 21(1) of the Financial Services and Markets Act 2000 does not apply.