A GUIDE TO NO.1 COURT DEBENTURES - Wimbledon
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A GUIDE TO NO.1 COURT DEBENTURES
1 2 INTRODUCTION TO DEBENTURES Wimbledon debentures provide guaranteed access to, and reserved seating at, one of the most sought- after sporting events in the world: the prestigious annual tennis Championships on the Grounds of The All England Lawn Tennis Club. As well as tickets for seats, the debentures also provide access to the debenture holders’ restaurants and bars, and car park. There are separate series of debentures for Centre Court and No.1 Court. WHAT IS A DEBENTURE? Wimbledon debentures are financial instruments (debt securities) issued by The All England Lawn Tennis Ground plc. Debentures last for five years. They pay no interest, but convey “Championships’ Privileges” (as described below). The debenture price at issue consists of three elements: • nominal value, repayable at the end of the issue • premium • VAT on the premium. The total price is payable in instalments. Computer generated image
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NO.1 COURT DEBENTURES
The current No.1 Court debenture NO.1 COURT DEBENTURE FACILITIES
series expires in 2016.
The Renshaw Restaurant offers
The next series of No.1 Court reservations for a table for the entire
debentures will run from 2017 to 2021. day. Upon arrival guests are offered
The issue price will be announced on champagne or Pimm’s, followed
22 April 2016 and the application by a three course lunch with wine.
period will run until 27 May 2016. Full Afternoon tea is served from 3.30pm
details of the next debentures (including and there is a complimentary bar
how to apply) will be contained in a throughout the day.
prospectus and application form made
The Veranda Restaurant is an Italian
publicly available in advance of the
style restaurant overlooking Courts
issue, including at wimbledon.com/
14 and 15. For lunch there is a choice
debentures.
of antipasti, stone baked pizzas and
NO.1 COURT DEBENTURE delicious pasta dishes. Afternoon
CHAMPIONSHIPS’ PRIVILEGES tea and light bites are available
throughout the afternoon.
The privileges include: One seat
for each of the first 10 days of The The Lounge is a relaxed venue for
Championships (which is usually up lunch or a snack, with a self-service
to and including the singles quarter- restaurant offering a range of dishes
finals), in a prime location on for lunch. Alternatively, with a coffee
No.1 Court, at no additional charge or a bowl of strawberries and cream
to hand, debenture holders can
The ability to purchase one seat
simply enjoy the view across the
for the remaining three days of The
outside courts.
Championships, in a prime location
on No.1 Court. The No.1 Bar offers a range of drinks
and serves sandwiches at lunchtime.
Access to debenture holders’
restaurants and bar during the first Prices for the restaurants and
10 days of The Championships. sample menus can be found at
wimbledon.com/debentures.
Access to debenture holders’
car park with convenient access
to the Grounds.
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HISTORY OF DEBENTURES
In 1919, when The Championships The proceeds of the next No.1 Court
resumed after the First World War, debenture issue will help to fund the
their popularity was such that the then implementation of the next stage of
current facilities at Worple Road, in the Wimbledon Master Plan.
the centre of Wimbledon, could not
When complete, the facilities will
cope with the large crowds. The All
include the remodelled No.1 Court,
England Lawn Tennis Club decided to
with its own retractable roof, and a
move to new grounds in Church Road
new public plaza in place of Court 19.
(where it has remained since) and,
to help finance the move, the first Once operational, over 27,000
series of debentures were issued, spectators on Centre Court and No.1
at £50 each. Court will be able to watch top-class
tennis whatever the weather, adding
Since then, Wimbledon debentures
to what is already a memorable and
have continued to fund improvements
special day.
to the Grounds, transforming the
playing and visitor experience with
world class features such as the iconic
Centre Court with its retractable roof
and the hugely popular ‘Hill’.
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NO.1 COURT
A No.1 Court debenture forms the The first 10 days typically covers all retractable roof will ensure that play match that extended to five sets over
pathway to securing a reserved rounds up to and including the singles continues in all weather conditions. two days, but finally won 7-5 in the
seat at no additional charge in a quarter-finals. Wimbledon’s intention final set; whilst Richard Gasquet and
In 2015, over half of the men’s and
prime location on No.1 Court for is that there should be a reasonable Stan Wawrinka finally settled their
ladies’ singles matches on No.1 Court
each of the first 10 days at one of balance of play between No.1 Court quarter-final duel (which the media
featured a top five seeded player,
the most sought-after sporting and Centre Court with respect to dubbed the battle of the backhands)
including what were regarded as
events in the world: the annual tennis singles matches involving high-seeded at 11-9 in the fifth, after an epic
two of the best matches of the
Championships on the Grounds of players up to and including the 83-minute deciding set that ended as
tournament: world No.1 and top seed
The All England Lawn Tennis Club. quarter-finals, so debenture holders twilight approached.
Novak Djokovic lost his first two sets
can expect exciting play from some of
to big-serving Kevin Anderson in a
the world’s best players. The planned
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FINANCIAL INFORMATION IMPORTANT INFORMATION
2012–2016 PRICE AT ISSUE
This is an advertisement, not a services in relation to The No.1 Court
Instalment Nominal Value (£) Premium (£) VAT (£) Total (£) prospectus. Investors should not Debenture Issue 2017-2021. Rothschild
subscribe for any securities referred can be contacted at New Court, St
First 500 2,750 550 3,800
to in this advertisement, except Swithin’s Lane, London EC4N 8AL.
Second – 8,250 1,650 9,900 on the basis of the information
This document and the information
contained in the prospectus to be
contained herein is not an offer of
500 11,000 2,200 13,700 issued in connection with The No.1
securities for sale in the United States.
Court Debenture Issue 2017-2021,
The securities discussed herein have
which will be published by The All
The current No.1 Court debentures SALE OF A DEBENTURE not been and will not be registered
England Lawn Tennis Ground plc
were issued in 2011. Payment was under the US Securities Act of 1933,
Debenture holders may sell their (the “Company”) in due course
made in two instalments, with the first as amended (the “US Securities Act”)
debenture, in any manner they and which will, when published,
payment made on application. or any state securities laws in the
choose, to any person or party, and be available for download at
United States or under the applicable
The nominal value is repayable at the at any price. wimbledon.com/debentures. The
securities laws of Canada, Australia,
end of the debenture issue. contents of this communication,
Numis Securities offers a weekly Japan or South Africa and may not
which constitute a financial promotion
Debenture holders may sell the daily matched-bargain auction (detailed be offered or sold in the United
for the purposes of the Financial
debenture seat tickets that they on the Numis website). Recent sales States without registration or an
Services and Markets Act 2000 and
receive (all other tickets are strictly prices are announced in the Financial exemption from registration under the
which have been prepared by and are
non-transferable), and may also sell Times and at wimbledon.com/ US Securities Act. No public offering
the sole responsibility of the
their debenture. debentures on a monthly basis. of the securities discussed herein is
Company, have been approved by
being made in the United States and
SALE OF DAILY TICKETS With the continued popularity of N M Rothschild & Sons Limited
the information contained herein does
tennis around the world, debentures (“Rothschild”) solely for the purposes
Debenture holders may sell their daily not constitute an offering of securities
are currently trading at prices of section 21(2)(b) of the Financial
tickets, in any manner they choose, to for sale or any solicitation of an offer
significantly above the 2011 issue price. Services and Markets Act 2000.
any person or party, and at any price. to buy or subscribe for any securities
The next series of No.1 Court Rothschild is acting for the Company in the United States, Canada,
Many ticket agencies offer a purchase
debentures will run from 2017 to 2021, in connection with the The No.1 Court Australia, Japan, South Africa or any
and sale facility all year round, at their
with the retractable roof expected to Debenture Issue 2017-2021 and no jurisdiction in which the same would
own prices. In addition, The All England
be in operation from 2019. The issue one else and will not be responsible be unlawful. This document is not for
Lawn Tennis Club (Championships)
price will be announced on 22 April to anyone other than the Company release, publication or distribution
Limited offers to buy and sell tickets
2016 and is likely to be significantly for providing the protections afforded directly or indirectly in or into the
from and to debenture holders on a
higher than the issue price for the to clients of Rothschild (or otherwise) United States, Canada, Australia,
matched-bargain basis.
current series. nor for providing advice or other Japan or South Africa.
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