GUANGZHOU, China, Feb. 22, 2017 /PRNewswire/ -- Vipshop Holdings
Limited (NYSE: VIPS), a leading online discount retailer for brands
in China ("Vipshop" or the
"Company"), today announced that it is extending the previously
announced put right offer relating to its 1.50% Convertible Senior
Notes due 2019 (the "Notes") until 11:59
p.m., New York City time,
on Tuesday, March 14, 2017. In
addition, the period during which holders of the Notes may withdraw
their exercise of the put right with respect to any Notes is also
being extended until 11:59 p.m.,
New York City time, on
Tuesday, March 14, 2017. The tender
offer is being made pursuant to a Schedule TO (as amended),
including a Put Right Notice dated February
14, 2017, which sets forth the terms of the put right.
Capitalized terms used but not defined herein shall have the
meaning ascribed to such terms in the Put Right Notice.
Holders of Notes in global form that wish to exercise the Put
Right with respect to such Notes between
5:00 p.m. and 11:59 p.m., New York
City time, on Tuesday, March 14,
2017 must, instead of complying with the DTC procedures,
complete and sign a 2017 Repurchase Notice in the form attached to
the Put Right Notice as Annex A in accordance with the instructions
set forth therein, have the signature thereon guaranteed and
deliver such manually signed 2017 Repurchase Notice to the Paying
Agent prior to 11:59 p.m.,
New York City time, on
Tuesday, March 14, 2017. All
signatures on a 2017 Repurchase Notice must be guaranteed by a
recognized participant in the Securities Transfer Agents Medallion
Program, the NYSE Medallion Signature Program or the Stock Exchange
Medallion Program (each, an "Eligible Institution");
provided, however, that signatures need not be
guaranteed if such Notes are tendered for the account of an
Eligible Institution. If a 2017 Repurchase Notice is signed by a
trustee, executor, administrator, guardian, attorney-in-fact,
agent, officer of a corporation or other person acting in a
fiduciary or representative capacity, such person must so indicate
when signing, and proper evidence satisfactory to the Company of
the authority of such person so to act must be submitted.
Holders of Notes in global form that wish to withdraw previous
exercise of the Put Right with respect to such Notes between 5:00 p.m. and 11:59 p.m., New York City time, on Tuesday, March 14, 2017 must, instead of
complying with the DTC withdrawal procedures, complete and sign a
notice of withdrawal specifying (1) the principal amount of the
Notes with respect to which such notice of withdrawal is being
submitted, which portion must be US$1,000 aggregate principal amount or an
integral multiple thereof, (2) the certificate numbers of the Notes
in respect of which such notice of withdrawal is being submitted,
and (3) the principal amount, if any, of such Note which remains
subject to the 2017 Repurchase Notice, which portion must be
US$1,000 aggregate principal amount
or an integral multiple thereof, and deliver such manually signed
notice of withdrawal to the Paying Agent prior to 11:59 p.m., New York
City time, on Tuesday, March 14,
2017.
Based on information from Deutsche Bank Trust Company Americas,
no holders of the Notes had exercised their put right as of
5:00 p.m., New York City Time, on
Tuesday, February 21, 2017.
This press release is for information only and is not an offer
to purchase, a solicitation of an offer to purchase, or a
solicitation of an offer to sell the Notes or any other securities
of the Company. The offer to purchase the Notes will be only
pursuant to, and the Notes may be tendered only in accordance with,
the Company's Put Right Notice dated February 14, 2017 and related documents, as
amended and supplemented. Holders of Notes may request the
Company's Put Right Notice from the paying agent, Deutsche Bank
Trust Company Americas.
By regular,
registered or certified mail
or overnight
courier:
|
For information or
confirmation during regular business hours:
|
DB Services Americas,
Inc.
5022 Gate Parkway
Suite 200
MS
JCK01-0218
Jacksonville, FL
32256
U.S.A.
|
Telephone: +1 (800)
735-7777
|
For information or
confirmation after 5:00 p.m. (New York City time) on March 14,
2017:
|
By facsimile, for
Eligible Institutions only:
|
Telephone: +1 (877)
843-9767 E-mail:
db.reorg@db.com
|
+1 (615)
866-3889
|
HOLDERS OF NOTES AND OTHER INTERESTED PARTIES ARE URGED TO READ
THE COMPANY'S SCHEDULE TO, AS AMENDED, PUT RIGHT NOTICE AND OTHER
RELEVANT DOCUMENTS FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT VIPSHOP HOLDINGS LIMITED AND THE PUT
RIGHT.
Materials filed with the SEC will be available electronically
without charge at the SEC's website, www.sec.gov. Documents
filed with the SEC may also be obtained without charge at the
Company's website, ir.vip.com.
About Vipshop Holdings Limited
Vipshop Holdings Limited is a leading online discount retailer
for brands in China. Vipshop
offers high quality and popular branded products to consumers
throughout China at a significant
discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a
sizeable and growing base of customers and brand partners. For more
information, please visit www.vip.com.
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SOURCE Vipshop Holdings Limited