2 Fison Way Thetford Norfolk IP24 1HT U.K.

Listed Since: 2014/09/08
Delisted on: 2016/08/17
Tel: 44 (0) 1842 764467
Email: Graham@amesmg.co.uk

Company & Notes Description

Sema Lease UK Limited (the “Company”) is incorporated and registered in the United Kingdom (Company # 0503615).  The Company acquires blocks of light motor vehicles from the major motor manufacturers at preferential prices and leases these cars to businesses, daily rental companies and individuals on 12 or 24 month contracts. The Company currently has a fleet of approximately 2,400 vehicles. The Company’s profits are generated by renting cars at a margin on its monthly funding cost, which comprises interest and depreciation, and, wherever possible, by disposing of the vehicles for an amount in excess of the predetermined future value.

The Company is funded institutionally and through its Secured Loan Note Programme (the “Programme”) which has enabled the Company to diversify its financing and to increase flexibility to negotiate terms with car manufacturers.

The Company’s Programme consist of secured loan notes with variable interest rates and maturities issued and to be issued by the Company in Series up to a total principal amount of £10,000,000.  Notes issued under the Programme will be offered only to Qualified Investors under Section IIIB of the BSX Listings Regulations.

The Notes:

Series 1 thru 3 Listed on the BSX 09 September 2014

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­Series 1 Issue 3, 8.00% Notes due 19 April 2017 - Face value = £190,000

­­­Series 2 Issue 6, 8.00% Notes due 19 July 2017 - Face value = £450,000

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Series 4 Listed on the BSX 19 September 2014

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­Series 4 Issue 9, 7.00% Notes due 19 October 2016 - Face value = £825,000

­Series 4 Issue 10, 8.00% Notes due 19 October 2017 - Face value = £870,000

Series 5 Listed on the BSX 19 January 2015

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­Series 5 Issue 12, 7.00% Notes due 19 February 2017 - Face value = £295,000

­Series 5 Issue 13, 8.00% Notes due 19 February 2018 - Face value = £1.320M

Series 6 Listed on the BSX 20 April 2015

Series 6 Issue 15, 8.00% Notes due 19 May 2018 - Face value =  £210,000

Series 7 Listed on the BSX 20 July 2015

Series 7 Issue 016, 6.00% Notes Due 21 August, 2016 Face value = £345,000

Series 7 Issue 017, 7.00% Notes Due 21 August, 2017 Face value = £65,000

Series 7 Issue 018, 8.00% Notes Due 20 August, 2018 Face value = £15,000

Series 8 Listed on the BSX 20 October 2015

Series 8 Issue 019, 6.00% Notes Due 21 November, 2016 Face value = £10,000

Series 8 Issue 020, 7.00% Notes Due 19 November, 2017 Face value = £160,000

Series 8 Issue 021, 8.00% Notes Due 19 November, 2018 Face value = £635,000

Series 9 Listed on the BSX 19 February 2016

Series 9 – Issue 022, 6.00% Notes Due 19 March 2017 Face value = £295,000

Series 9 – Issue 023, 7.00% Notes Due 19 March 2018 Face value = £170,000

Series 9 – Issue 024, 8.00% Notes Due 19 March 2019 Face value = £132,000

Series 10 Listed on the BSX 1 March 2016

Series 10 – Issue 025, 6.00% Notes Due 1 April 2017 Face value = £600,000

Series 11 Listed on the BSX 21 June, 2016

Series 11 – Issue 026, 7.00% Notes Due 15 July 2018 Face value = £180,000

Series 11 – Issue 027, 8.00% Notes Due 15 July 2019 Face value = £325,000 

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