PROSPECTUS CHANEL CERES PLC (incorporated with limited liability in England and Wales) EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.726 per cent. and EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2031 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.400 per cent. The EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 (the "2026 Notes") and the EUR300,...

listed below are the material changes to the previous version of the registration statement as chosen above: (1) ……………………………………………………………………………………………… ……………………………………………………………………………………………… (2

performance on the KPIs chosen. 3-12 Is it possible to use ranges, dynamic targets, and /or benchmarks (as opposed to all being “set” before the issuance of the bond) including to allow a reasonable margin of

business. Moreover, the continuous decrease in LME Zinc price in 2018 had a major impact on the sales and services income in 2018. Total expenses of year 2018 reached 5,056.20MB, a decrease of 6% from

had a total increase of THB 46.96 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting in continuous

. . Overview of operating results in the Quarter /. The overall global economy still has growth direction in fine criteria from continuous consumption of private sector mainly covering with supportive factor

continuous consumption of private sector mainly covering with supportive factor from recovery of internal demand of several countries. In the meantime, Thai economy still has continuously expanded in the same

- Share of gain from investments in joint ventures in 2018 amounted 507.61 million baht compared to 35.72 million baht in 2017 due to the continuous transfer in MARQUE Sukhumvit project. As of December 31

million decreased by 93% compared to a net profit of Baht 84.10 million for the same period of previous year from decline in total sales volumes of zinc and the continuous decrease in LME Zinc price during

the ceasing of the zinc operations, the sales volumes of imported metals increased to 98% of the total sales in 9M 2018, marking a complete make-over into PDI’s Metals business. On top, the continuous