LTC PROPERTIES INC LTC

election_required = True...ord holders of an aggregate of 100 or more shares, even if theses holders have separate accounts or certificates representing fewer than 100 shares. Any odd lot holder wishing to tender all of its shares of our Common Stock pursuant to the Tender Offer should complete the section entitled "Odd Lots" in the Letter Of Transmittal and, if applicable, in the Notice Of Guaranteed Delivery. 12 We also reserve the right, but will not be obligated, to purchase all shares duly tendered by any stockholder who tenders all shares beneficially or of record owned and who, as a result of proration, would then beneficially or of record own an aggregate of fewer than 100 shares...

expiry = 2001-10-08...IBIT (a) (1) (A) OFFER TO PURCHASE FOR CASH BY LTC PROPERTIES, INC. UP TO 3,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $5.75 PER SHARE THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M., EASTERN TIME, ON MONDAY, OCTOBER 8, 2001 UNLESS THE OFFER IS EXTENDED. LTC Properties, Inc., a Maryland corporation (the "Company"), invites its stockholders to tender shares of its common stock, par value $.01 per share, to the Company at a price of $5.75 per share in cash, upon...

listed = True...of which 118,000 options will be exercisable as of October 8, 2001. The 3,000,000 shares that we are offering to purchase represent approximately 12% of the outstanding shares and approximately 12% assuming the exercise of all outstanding options. The shares are listed on the NYSE under the symbol "LTC". On September 5, 2001, the last full trading day on the NYSE prior to our announcement of the Offer, the closing per share sales price, as reported on the NYSE Composite Tape, was $4.55. WE URGE STOCKHOLDERS TO OBTAIN CURRENT QUOTATIONS ON THE MARKET PRICE OF THE SHARES. 10 THE OFFER 1. NUMBER OF SHARES; PRORATION...

mechanism = FIXED...-1.A 3 a2058684zex-1_a.htm EXHIBIT (1)(A) Prepared by MERRILL CORPORATION QuickLinks -- Click here to rapidly navigate through this document EXHIBIT (a) (1) (A) OFFER TO PURCHASE FOR CASH BY LTC PROPERTIES, INC. UP TO 3,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $5.75 PER SHARE THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M., EASTERN TIME, ON MONDAY, OCTOBER 8, 2001 UNLESS THE OFFER IS EXTENDED. LTC Properties, Inc., a Maryland corporation (the "Company"), invites its stockholders to tender shares of its common stock, par value $.01 per share, to the Company at a price of $5.75 per share i...

must_tender_all = True...al requirements. The Offer is not conditioned on any minimum number of shares being tendered by stockholders. See Section 1. IN WHAT ORDER WILL TENDERED SHARES BE PURCHASED? •First, we may purchase shares from all holders of "Odd Lots" of less than 100 shares who properly tender all of their shares. Second, in the event we elect to purchase "Odd Lots" first, we will then purchase shares from all other stockholders who properly tender shares on a pro-rata basis, subject to the conditional tender provisions described in Section 5. If more than the number of shares we seek are tendered, all of the shares that you tender in the Offer m...

price = USD 5.75...inks -- Click here to rapidly navigate through this document EXHIBIT (a) (1) (A) OFFER TO PURCHASE FOR CASH BY LTC PROPERTIES, INC. UP TO 3,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $5.75 PER SHARE THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M., EASTERN TIME, ON MONDAY, OCTOBER 8, 2001 UNLESS THE OFFER IS EXTENDED. LTC Properties, Inc., a Maryland corporation (the "Company"), invites its sto...

threshold = 100...transmittal to beneficial owners of shares. ODD LOTS. For purposes of the Tender Offer, the term "Odd Lots" shall mean all shares properly tendered prior to the Expiration Date and not properly withdrawn by any person, referred to as an "odd lot holder", who owns beneficially or of record an aggregate of fewer than 100 shares and so certifies in the appropriate place on the Letter Of Transmittal and, if applicable, on the Notice Of Guaranteed Delivery. To qualify for this possible preference, an odd lot holder must tender all shares owned beneficially or of record by the odd lot holder in accordance with the procedures described in Section 2—Procedure for Ten...

txn_type = TENDER_OFFEREX-1.A 3 a2058684zex-1_a.htm EXHIBIT (1)(A) Prepared by MERRILL CORPORATION QuickLinks -- Click here to rapidly navigate through this document EXHIBIT (a) (1) (A) OFFER TO PURCHASE FOR CASH BY LTC PROPERTIES, INC. UP TO 3,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $5.75 PER SHARE THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M., EASTERN TIME, ON MONDAY, OCTOBER 8, 2001 UNLESS THE OFFER IS EXTENDED. LTC Properties, Inc., a Maryland corporation (the "Company"), invites its stockhol...