Regulatory News:
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO
Holders of the undated unsubordinated unsecured bonds convertible into new shares and/or exchangeable for existing shares of Korian ("ODIRNANE") (ISIN code: FR0013266087) (Paris:KORI) are informed that the KORIAN General Shareholders Meeting held on June 14th, 2018 decided to distribute a dividend of €0.60 per KORIAN share (ISIN code: FR0010386334).
The dividend ex-date was June 21st, 2018 and the dividend will be paid on July 16th, 2018.
Following this dividend payment, in accordance with paragraph 17.7.2.10 of the Terms and Conditions of the ORDINANE (available on company website), the Conversion Ratio is adjusted from 1 Korian share for 1 ODIRNANE to 1.021 KORIAN share for 1 ORDINANE (calculated to three decimal places by rounding to the nearest thousandth). The new Conversion Ratio is effective on June 21st, 2018.
DISCLAIMER
This press release and the information contains herein do not, and shall not, in any circumstances, constitute an offer to the public, an offer to subscribe or designed to solicit interest for purposes of an offer to the public in any jurisdiction, including France.
The distribution of this press release in certain countries may constitute a breach of applicable law. Accordingly, persons physically located in those countries, in which this press release is distributed or published, must inform themselves about and comply with such laws or regulations.
ABOUT KORIAN
Korian, the expert in providing care and support services for seniors, with over 740 facilities, operates Europe's largest network of long-term care nursing homes, specialised clinics, assisted-living facilities, and home care and hospital home care services. The Korian group's accommodation capacity amounts to over 75,000 beds in four countries (France, Germany, Belgium, and Italy) and the Group employs nearly 49,000 people.
For more information, please visit the website: www.korian.com
Korian has been listed on Euronext Paris Section A since November 2006 and is included in the following
indices: SBF 120, CAC Health Care, CAC Mid 60, CAC Mid Small and MSCI Global Small Cap
Euronext Ticker: KORI ISIN: FR0010386334 Reuters: KORI.PA Bloomberg: KORI.FP
View source version on businesswire.com: https://www.businesswire.com/news/home/20180628005846/en/
Contacts:
Korian
Nadine Coulm, Tel.: +33 (0)1 55 37 53 55
VP Investor Relations Financing
nadine.coulm@korian.com