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L'Occitane (00973) to raise stake in LimeLight to 60.48%
L'Occitane (00973) said its interest in LimeLight
USA will increase from 40% to about 60.48%.
  L'Occitane and Limelight agreed to effect the share capital increase. In return for the
conversion of a portion amounting to US$15.54 million of share premium reserve held by 
LimeLife into 15.54 million shares in LimeLife to be issued to L'Occitane, L'Occitane
intends to fully support the business development plan and intends, but is not obliged, to
finance such development for three years from the date of the share capital increase in
such amounts (if any) and at such times as may be determined by L'Occitane. The business 
development plan is the plan to develop a specified distribution model outside of the
United States of America by creating a global brand and product offering under the brand 
"LimeLife" or other brands and by developing operational support for LimeLife's current
and future subsidiaries and local sales force across the world.
  LimeLife offers all-natural skincare lines and personalised colour makeup palettes,
helping women everywhere look their best every day with its products. LimeLife utilises a
unique distribution network with beauty guides and an online presence in the United States
of America.

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