LNA SANTE (EPA:LNA) - Le Noble Age announces the repurchase of 427,680 ORNANES for a unit price of eur 22.25 (including accrued interest) in the context of the repurchase offer

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05/10/2015 18:09

This press release may not be published, forwarded or distributed, directly
or indirectly, in the United States, Canada, Australia or Japan.

This press release does not constitute or form a part of any offer or
solicitation to purchase or subscribe for securities in the United States or any
other jurisdiction. Securities may not be offered or sold in the United States
unless they are registered under the U.S. Securities Act of 1933, as amended
(the "U.S. Securities Act") or exempt from registration. The securities of
Le Noble Age Groupe mentioned herein have not been and are not being registered
under the U.S. Securities Act and Le Noble Age Groupe does not intend to make a
public offer of its securities in the United States.

PRESS RELEASE

Paris, 5 October, 2015

LE NOBLE AGE ANNOUNCES THE REPURCHASE OF 427,680 ORNANES FOR A UNIT PRICE OF
EUR 22.25 (INCLUDING ACCRUED INTEREST) IN THE CONTEXT OF THE REPURCHASE OFFER

(ISIN Code: FR0011005446)

Following the reverse bookbuilding process launched on 21 September 2015 (the
"Repurchase Proposal"), LE NOBLE AGE (the "Company") repurchased, on
25 September 2015, 722,950 net share settled bonds convertible into new shares
and/or exchangeable for existing shares due January 3, 2016 (the "2016
ORNANEs"), representing 57.42% of the outstanding 2016 ORNANEs.

Following the Repurchase Proposal and in order to ensure an equal treatment
among all 2016 ORNANEs holders, which will not have sold their 2016 ORNANEs in
the Repurchase Proposal, the Company implemented a repurchase offer in France
from 28 September to 2 October 2015 (inclusive), for a unit price of EUR 22.25
(including accrued interest) per 2016 ORNANE, being the price set out during
the Repurchase Proposal.

The repurchase offer resulted in the repurchase of 427,680 2016 ORNANEs,
representing around 33.97% of the outstanding 2016 ORNANEs.

The settlement of the 2016 ORNANEs repurchased pursuant to the repurchase offer
is expected on 7 October 2015.

The total number of 2016 ORNANEs repurchased by the Company pursuant to
Repurchase Proposal and the repurchase offer amounts to 1,150,630 2016 ORNANEs,
i.e. 91.39 % of the outstanding 2016 ORNANEs and 41.88% of the 2016 ORNANEs
originally issued. Therefore, 107,641 2016 ORNANEs (*) remain outstanding,
representing 3.92% of the 2016 ORNANEs originally issued.

The repurchased 2016 ORNANEs will be cancelled in accordance with their terms
and conditions and according to law.

This repurchase will result, up to the number of 2016 ORNANEs repurchased, in
the cancellation of an indebtedness that has been treated as a short-term debt,
and which reimbursement is already financed.

The Company reserves the right to repurchase in the future 2016 ORNANEs through
market or off market transactions.

The Company reserves the right to ask for early redemption of the 2016 ORNANEs
in accordance with their terms and conditions, at its discretion, after the
close of the repurchase offer.

(*) including the conversion of 707 2016 ORNANEs during the repurchase offer
period

Disclaimer

The distribution of this press release, this undertaking to repurchase, the
purchase of securities pursuant to this procedure and the participation in and
tender pursuant to such undertaking to repurchase may, in certain jurisdictions,
be subject to legal and regulatory restrictions. This undertaking to repurchase
is not, directly or indirectly, addressed to persons subject to such
restrictions and may not be accepted from any jurisdiction where it would be
subject to such restrictions.

No document relating to the Repurchase Proposal the repurchase offer (procédure
de désintéressement) has been or will be approved by the AMF.

This press release may not be published, distributed or transmitted into the
United States of America. It is not, nor should it be construed as, an extension
of a tender offer for any securities in the United States of America or any
other jurisdiction where such offer or solicitation would be unlawful and no
sell order for the 2016 ORNANE may be accepted in the United States of America
or from the United States of

America. No means to tender securities on the French market may be provided from
the United States of America or in the United States of America. Any person
tendering securities pursuant to this procedure will be considered as having
accepted any such restrictions.

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27/03/2024 18:06

LNA SANTE (EPA:LNA) - Le Noble Age announces the repurchase of 427,680 ORNANES for a unit price of eur 22.25 (including accrued interest) in the context of the repurchase offer

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