Press release
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA.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) (the « Bonds »)
In a release dated 14 September 2018, LVMH indicated that it received on 12 September 2018 a notification which triggered the procedure provided under 7.1(a)(v) of the Terms and Conditions of the Bonds (the « T&C »).
LVMH informs the holders of the Bonds that at the end of the Reference Period (as defined in the T&C) that ran from 13 September 2018 (included) until 26 September 2018 (included), the Trading Condition, as per 7.1(a)(v) of the T&C and as verified by the Calculation Agent, is not met.
