Core Viewpoint - SMCP has initiated a process to sell shares representing up to 51.2% of its share capital, managed by Lazard Frères, aiming to stabilize its shareholder structure and focus on development strategy [2][3]. Group 1: Share Sale Process - The share sale process is expected to last several months, with no certainty of success at this stage [3]. - If the stake acquired exceeds 30% of the company's share capital, the purchaser may be required to initiate a public tender offer for all SMCP shares [3]. Group 2: Company Overview - SMCP is a global leader in the accessible luxury market, featuring four Parisian brands: Sandro, Maje, Claudie Pierlot, and Fursac, with a presence in 56 countries and over 1,600 stores globally [4]. - The company is led by CEO Isabelle Guichot and has a strong digital presence in key markets [4]. - SMCP is listed on the Euronext Paris regulated market, with the ISIN Code FR0013214145 and ticker SMCP [4]. Group 3: Shareholding Structure - The shareholding structure includes a 28.0% stake held by GLAS, a 15.5% stake managed by ETS, and a 7.7% stake also held by ETS, which is under bankruptcy proceedings in Luxembourg [7][8].
SMCP - Shares sales project
Globenewswire·2025-11-27 17:00