Company: IMCR
Filing Date: 2025-03-17
Form Type: 424B7
Source: 0001140361-25-008917
Chunk: 49

Company: Immunocore Holdings plc
Filing Date: 2025-03-17
Form: 424B7
Chunk 49
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 than 15 calendar days’ nor more than 55 calendar days’ written notice before the tax redemption date to the trustee, the paying agent (if other than the trustee), the conversion agent (if other than the trustee) and each holder of notes, and the tax redemption price will be equal to 100% of the principal amount of the notes to be redeemed, plusaccrued and unpaid interest to, but excluding, the tax redemption date (unless the tax redemption date falls after a regular record date but on or prior to the immediately

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succeeding interest payment date, in which case we will pay the full amount of accrued and unpaid interest to the holder of record as of the close of business on such regular record date on, or at our election, before, such interest payment date, and the tax redemption price will be equal to 100% of the principal amount of the notes to be redeemed). The tax redemption date must be a business day.

Notwithstanding the foregoing, if we have given notice of a tax redemption as described above, each holder of notes will have the right to elect that such holder’s notes will not be subject to such tax redemption, subject to DTC’s applicable procedures. If a holder elects not to be subject to a tax redemption, we will not be required to pay Additional Amounts with respect to payments made in respect of such holder’s notes following the tax redemption date, and all subsequent payments in respect of such holder’s notes will be subject to any tax required to be withheld or deducted under the laws of the applicable Relevant Tax Jurisdiction. The obligations to pay Additional Amounts to any electing holder for payments made in periods prior to the tax redemption date will continue to apply subject to the exceptions set forth under “—Additional Amounts.” Holders must exercise their option to elect to avoid a tax redemption by written notice to us and the trustee no later than the 5 th business day prior to the tax redemption date in accordance with DTC’s applicable procedures. If no election is made or deemed to have been made, the holder will have its notes redeemed without any further action.

If we call the notes for a tax redemption, then holders of notes will be entitled to an increased conversion rate on account of the notice of tax redemption for conversions of such note at any time prior to the close of business on the scheduled trading day prior to the tax redemption date. After that time, the entitlement to an increased conversion rate on account of our delivery of