BodySmart Finance Limited: Coupon Payment Announcement

DGAP-News: BodySmart Finance Limited / Key word(s): Bond
03.12.2020 / 13:00
The issuer is solely responsible for the content of this announcement.

BodySmart Finance Limited

(the "Issuer")

(incorporated with limited liability in the Bailiwick of Jersey with registered number 131386)

44 Esplanade, St Helier, Jersey, JE4 9WG

BodySmart Finance Limited - Coupon Payment Announcement

3^rd December 2020

BodySmart Finance Limited Series 2020-B1 12.00% Fixed Rate Bonds Due 2025
(ISIN: GB00BMQ56V55)

(the "Bonds")

The Issuer is pleased to announce that it has paid, in full and on time, the coupon due to bondholders on 3^rd December 2020, under its secured Medium Term Note Bond Programme.

This is the Issuer's first coupon payment. The next coupon payment is due on 3^rd June 2021.

BodySmart Investment Group's (the "Borrower") trading activities are focused on the medical, aesthetic and wellness industry - a sector on the rise in the Middle East. The Borrower already owns a successful portfolio of cosmetic clinics and wellbeing studios and since the issuance of the Bonds, the Borrower has continued to invest strategically. Highlights include:

- Plans for an additional larger flagship location with more treatment rooms; which will allow a broader service offering and timetable for their clients

- Taking a major stake in an established wellness equipment manufacturer; whose equipment is used in gyms and health clubs across the world

- Commencing the retail channel of its strategy by selling leading specialist skincare treatments and products directly to their clients

The recent health and economic conditions offer a unique occasion to continue to derive high value from low priced assets in the market place.

The Borrower is regulated by the Dubai Health Authority and the Dubai Department of Economic Development and during the Covid environment of 2020, the Borrower's clinics and health clubs have passed all regular inspections. The wellness sector was amongst the first to re-open in early May 2020 and there has been good demand for their offering throughout the rest of the year.

The bonds are admitted to trading on the Frankfurt Open Market.

For the Distributor: Glenn Scott-Ellis
gse@bodysmart.ae

For the Arranger: Hesham Dahman
hesham@zigzag-me.com

IMPORTANT INFORMATION

This announcement is not itself an offer for the sale of any Bonds. Investors should not subscribe for any Bonds referred to in this announcement except on the basis of information in the programme listing particulars which are available on request. The distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons who come into possession of this announcement or any document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any jurisdiction.

This announcement does not constitute or form any offer or invitation to sell, or any solicitation of any offer to purchase any Bonds.

Any Bonds referred to herein will not be registered under the U.S. Securities Act of 1933, as amended, (the "Securities Act"). Subject to certain exceptions, such Bonds may not be offered, sold or delivered within the United States or to, or for the account or benefit of, U.S. persons. Any Bonds referred to herein are expected to be offered and sold outside of the United States in reliance on Regulation S of the Securities Act. There will be no public offering in the United States.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

03.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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