Holmes Investment Properties Plc (HIP) Launch 5 Year Loan Note

Holmes Investment Properties Plc (HIP) has announced the launch of a new 5-year Loan Note.

The summary of terms are as follows:

Raise: Up to £5,000,000 GBP
Term: 5 Years to 31st August 2023
Coupon: 8.5% per annum
Minimum Investment: £5,000 (then in increments of £1,000)
Conversion: Convertible upon maturity (subject to terms)

The funds raised will be deployed to continue searching and securing sites for its leisure operators and to invest in those sites alongside other forms of
funding. Raised funds will also be used to refinance short term debt currently held by the company.

Michael Simmonds, Chief Executive Officer of HIP, said: “We are pleased to launch this new opportunity to invest in HIP and its wider group of companies. Everyone Entertained (EvEnt) and Adrenaline World continue to make progress identifying sites, and in the case of EvEnt securing the site recently announced in North-East England. There is significant opportunity in the commercial property market and this investment means that the Company is better able to secure sites for our operators, that will bring jobs and new leisure options for families.”

Potential Investors can register their interest by emailing Invest@hipplc.com.

HIP have now launched their new website which can be found at www.hipplc.com.

Enquiries:

HIP Plc

Martin Eberhardt, Chairman martin.e@hipplc.com

Yellow Jersey
Charles Goodwin 07825 916 715
Georgia Colkin hip@yellowjerseypr.com
Abena Affum

Notes to Editors

Holmes Investment Properties Plc

Holmes Investment Properties Plc (Berlin: J16), a UK property investment company focused on the leisure sector, listed on the Berlin Stock Exchange in 2011.

Through its subsidiaries, UK Adventure Parks Ltd and HIP Entertainment Properties, HIP plans to work with leisure operators to source plots of land, acquire sites under option agreements, gain planning consents, build the leisure centre site to the operator’s specification and maximise their returns, against a pre-agreed long-term lease with an agreed yield.

As the leisure market continues to grow, along with the number of leisure centres in the UK, HIP intends to partner with fast growing companies, aiming to develop a minimum of 12 leisure centres over the next 5-6 years, significantly enhancing the Company’s balance sheet.