SMCP - Group founders enter into share buyback mandates
05 March 2025 - 3:48AM
UK Regulatory
SMCP - Group founders enter into share buyback mandates
Press release - Paris, March 4th,
2025
Group founders enter into share buyback
mandates
Mrs Evelyne Chétrite, Mrs Judith Milgrom and Mr
Ilan Chétrite, Deputy General Managers (Directeurs Généraux
Délégués) of SMCP (the “Founders”), have entrusted, on March
4th, 2025, an investment services provider, acting
independently, with mandates to buyback SMCP shares for a period
expiring by December 31st, 2025. With the conclusion of
these mandates, the Founders reaffirm their commitment and
confidence in the SMCP Group. With these mandates, the Founders
wish to buyback a significant number of SMCP shares, up to 675,000
(i.e. 225,000 per Founder).
ABOUT SMCP
SMCP is a global leader in the accessible luxury
market with four unique Parisian brands: Sandro, Maje, Claudie
Pierlot and Fursac. Present in 49 countries, the Group led by
Isabelle Guichot as CEO, comprises a network of over 1,600 stores
globally and a strong digital presence in all its key markets.
Evelyne Chetrite and Judith Milgrom founded Sandro and Maje in
Paris, in 1984 and 1998 respectively, and continue to provide
creative direction for the brands. Claudie Pierlot and Fursac were
respectively acquired by SMCP in 2009 and 2019. SMCP is listed on
the Euronext Paris regulated market (compartment A, ISIN Code
FR0013214145, ticker: SMCP).
CONTACTS INVESTORS/ PRESS
|
|
SMCP
|
BRUNSWICK |
Amélie
Dernis |
Hugues Boëton +33 6 79 99 27 15 |
+33 (0) 1 55 80 51
00 |
Tristan Roquet Montegon +33 6 37 00 52 57 |
amelie.dernis@smcp.com |
smcp@brunswickgroup.com |
- SMCP - Press Release - Group founders enter into share buyback
mandates
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