Back to all announcements

DJ Lake Acquisitions Limited Payment Calculation Notice

TIDMNU.P

RNS Number : 7936B

Lake Acquisitions Limited

12 January 2018

FORM OF PAYMENT CALCULATION NOTICE

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS

LAKE ACQUISITIONS LIMITED

(the CVR Issuer)

Guaranteed Contingent Value Rights Instruments

(the CVRs)

PAYMENT CALCULATION NOTICE

NOTICE IS HEREBY GIVEN to the holders of the CVRs that:

(a) the Yearly Payment for the period 1 January 2017 to 31 December 2017, (the Relevant Year) payable in respect of each CVR on 31 January 2018 shall be zero; and

(b) for the purposes of calculating the Yearly Payment for such Relevant Year:

         (i)           the Cumulative Relevant Revenue was GBP41,110,947,288; 
         (ii)          the Cumulative Base Revenue was GBP41,945,227,447; 
         (iii)          the Eligible Nuclear Output was 63.886,856,449 TWh; 
         (iv)         the Applicable Corporate Tax Rate was 19.25 per cent; and 
         (v)          the Windfall Tax was GBPnil. 

Words and expressions defined in the conditions of the CVRs (and Appendix I thereto) set out in Schedule 2 to the Trust Deed dated 19 January 2009 between, inter alios, the CVR Issuer and The Law Debenture Trust Corporation p.l.c. shall have the same meaning when used in this notice.

This notice is given by

Lake Acquisitions Limited

Dated 12 January 2018

This information is provided by RNS

The company news service from the London Stock Exchange

END

NEXSFLFMEFASELF

(END) Dow Jones Newswires

January 12, 2018 11:53 ET (16:53 GMT)