NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA.
LVMH – Notice to the holders of $750 million cash-settled synthetic convertible bonds due 2021 (ISIN code FR0013113073)
LVMH hereby informs the holders of the $750 million cash-settled synthetic convertible bonds due 2021 (ISIN code FR0013113073) (the « Bonds »):
— that it has received on 12 September 2018 a notification which triggers the procedure provided under 7.1(v) of the Terms and Conditions of the Bonds (the « T&C), to determine if the Trading Condition (as such term is defined in the T&C) is met during a period of 10 Scheduled Trading Days (the « Reference Period» as per 7.1(v) of the T&C).
— the Reference Period runs from 13 September 2018 (included) until 26 September 2018 (included);
— as per 7.1(v) of the T&C, if the Trading Conditionis met, LVMH will inform the Bondholders on the second Scheduled Trading Day following the end of the Reference Period, i.e. on 28 September 2018;
— if the Trading Condition is met, Bondholders may exercise their Exercise Right (as defined under the T&C) for a period of 10 Scheduled Trading Days starting from 28 September 2018 (included).