St. Modwen Properties PLC issued a notice of early redemption £80 million 6.25% fixed rate bonds due 2019. The issuer will redeem all of the Bonds then outstanding on 30 November 2018 at the Redemption Price, calculated as at 28 November 2018 in accordance with Condition 5(c) of the Conditions (Other redemptions at the Option of the Issuer). Following such redemption, the Bonds will be cancelled and there will be no Bonds outstanding.