This amendment (this “Amendment”) relates to the ordinary shares, par value $0.0001 per share (the “Shares”), of China Cord Blood Corporation, a Cayman Islands corporation (the “Issuer”). The Issuer’s principal executive office is located at 48th Floor, Bank of China Tower, 1 Garden Road, Central, Hong Kong S.A.R. This Amendment amends, with respect to Cordlife only, the Items set forth below of the Statement of Beneficial Ownership on Schedule 13D initially filed on August 25, 2014 with the Securities and Exchange Commission, as amended on October 17, 2014 and November 10, 2014 (the “Statement”), by supplementing the Statement with the information set forth herein. |
Item 6 of the Statement is hereby amended and supplemented by the following: Pursuant to a purchase agreement (the “Purchase Agreement”), dated as of May 8, 2015, between Cordlife and Golden Meditech Holdings Limited (“GM”), Cordlife has agreed to sell to GM, and GM has agreed to purchase from Cordlife, (i) all Shares beneficially owned by Cordlife as of the Completion Date (as defined below), including 7,314,015 Shares currently beneficially owned by Cordlife (the “Sale Shares”), and (ii) a 7% senior unsecured convertible note issued by the Issuer to Cordlife with an aggregate principal amount of $25,000,000 (the “Cordlife Note”). Pursuant to the Purchase Agreement, Cordlife will (i) deliver to GM the Sale Shares, and (ii) cause the Issuer to issue to GM a 7% senior unsecured convertible note with an aggregate principal amount of $25,000,000 due 2017 (the “New GM Note”), without any consideration to the Issuer. The Cordlife Note will be surrendered to the Issuer for cancellation. Pursuant to the Purchase Agreement, the New GM Note will be substantially in the form of the Cordlife Note. The conversion price under the New GM Note will be $2.838 (as may be adjusted in accordance with its terms), and accordingly, the New GM Note will entitle GM, subject to the terms and conditions thereof, to receive 8,809,020 Shares upon conversion of the New GM Note. The purchase price for the Sale Shares will be the aggregate of (i) the product of (A) $6.40 and (B) the total number of Sale Shares as of the date of completion of the sale of the Sale Shares and the Cordlife Note (the “Completion Date”), and (ii) if the Issuer declares a dividend or other distribution payable to the holders of Shares (a “Distribution”) between the date of the Purchase Agreement and the Completion Date, the amount per Share of such Distribution multiplied by the number of Sale Shares as of the Completion Date, to the extent that such Distribution shall not have been paid to Cordlife prior to the Completion Date. The purchase price for the Cordlife Note will be the aggregate of (i) $5,100,000, (ii) the product of (A) $6.40 and (B) the total number of Shares into which the Cordlife Note is convertible (the |