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This is an advertisement, not a prospectus. Investors should not subscribe for the No.1 Court debentures 2017-2021 referred to below, except on the basis of information which will be contained in the prospectus to be published by The All England Lawn Tennis Ground plc on 22 April 2016, which will be available to download from www.wimbledon.com/debentures.
London, UK: The All England Lawn Tennis Ground plc has today announced its intention to issue at least 1,000 No.1 Court debentures for The Championships 2017 to 2021, giving the holders guaranteed access to exclusive tickets and debenture facilities during The Championships.
The register of interest opens today, at www.wimbledon.com/debentures
The issue price will be announced on Friday 22 April, when the Prospectus will be published. The offer period will be open from that date until 27 May 2016.
Each debenture will give the holder, between 2017 and 2021 inclusive:
• one No.1 Court seat for each of the first 10 days of The Championships, without further payment
• the ability to buy one No.1 Court seat for each of days 11, 12 and 13 of The Championships
• access to the exclusive No.1 Court debenture holders’ restaurants and bars
• the ability to transfer or sell the entire debenture or individual daily tickets on the open market.
No.1 Court, together with Centre Court, forms the centrepiece of The Championships and, with a current capacity of approximately 11,500, is a world class tennis venue in its own right. At The Championships 2015, 16 matches involving top five seeded players were played on No.1 Court including matches with Novak Djokovic, Serena Williams, Andy Murray, Roger Federer, and Maria Sharapova.
As part of the Wimbledon Master Plan, No.1 Court is due to undergo a significant redevelopment culminating in the installation of a new retractable roof by 2019, thereby enabling uninterrupted play throughout The Championships.
Tickets allocated to No.1 Court debenture holders are the only No.1 Court tickets that are freely transferable and may be sold on the open market.
Debenture holders may also sell their debentures on the open market. The last three 2016-2020 Centre Court debenture trades were at an average of £113,500 (pro forma for the final payment instalment) and the last three 2012-2016 No.1 Court debenture trades were at an average of £19,533 (with one Championships remaining).
Debentures were first introduced in 1920 to fund the purchase of part of the Company’s present Grounds and the building of Centre Court. Since then, the proceeds from subsequent debenture issues have provided funding for many significant improvements to the facilities at the Grounds.