• All resolutions were approved by 100% of the participating Noteholders and C Warrantholders
• Noteholders representing 99.9% of total outstanding principal amount participated
Novasep Holding S.A.S (“Novasep”), a leading supplier of services and technologies for the life sciences industry, is pleased to announce that the consent solicitation that was launched on January 31, 2019 (the “Consent Solicitation”) has achieved a successful outcome.
The Consent Solicitation was launched in order to, inter alia:
The general meetings of the Noteholders and of the C Warrantholders held on February 19, 2019 approved all of the foregoing.
Michel Spagnol, Novasep’s CEO and Chairman, said:
“I am delighted that our shareholders and bondholders have confirmed their confidence in Novasep and its Rise-2 growth strategy. We currently observe very good dynamics in most of our main markets and notably in the biologics segment, which is an area of key focus for Novasep. In addition, five of our key customer’s products (small-molecules) were successively approved by the FDA in 2018, ensuring a significant growth driver for Novasep.”
The Consent Solicitation Memorandum and all related documentation are available upon request (i) at the registered office of Novasep, (ii) at the specified office of Société Générale, acting as centralizing agent, 32, rue du Champ de Tir CS 30812 44308 Nantes Cedex 3 France (Phone + 33 2 51 85 65 93 – firstname.lastname@example.org) and (iii) on Novasep’s website (www.novasep.com) in the Investors section.
Novasep is a global provider of cost-effective and sustainable manufacturing solutions for life sciences molecules and fine chemicals. Novasep's unique offering includes process development services, purification equipment and turnkey processes, contract manufacturing services and complex active molecules to serve pharmaceutical, biopharmaceutical, fine chemical, food and functional ingredients as well as fermentation and chemical commodities industries.
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