Just Group plc announced an invitation to eligible holders (Noteholders) of its £230,000,000 3.500%. Subordinated Tier 3 Notes due 2025 (the Target Notes) to tender such Target Notes for purchase by the Offeror for cash up to the Final Acceptance Amount, subject to satisfaction of the New Financing Condition and on the terms and subject to the conditions described in a tender offer memorandum dated 6 October 2020 (the Tender Offer Memorandum) prepared by the Offeror (the Offer). Capitalised terms used and not otherwise defined in this announcement shall have the meanings given in the Tender Offer Memorandum. This is the results announcement referred to in the Tender Offer Memorandum. New Financing Condition and Settlement of the Offer: The Offeror currently expects the New Financing Condition to be satisfied on 15 October 2020. Subject to satisfaction or waiver by the Offeror of the New Financing Condition, the Settlement Date for the Offer is scheduled for 16 October 2020. Total amount payable to Noteholders pursuant to the Offer. Subject to satisfaction of the New Financing Condition, upon settlement of the Offer the total amount that will be paid to each Noteholder on the Settlement Date in respect of the Target Notes accepted for purchase from such Noteholder will be an amount (rounded, if necessary, to the nearest £0.01, with £0.005 rounded upwards) equal to the sum of: the product of (i) the aggregate nominal amount of the Target Notes of such Noteholder accepted for purchase pursuant to the Offer and (ii) the Purchase Price of 94.25%.; and the Accrued Interest Payment in respect of such Target Notes.